Egghead Computer (EGGS) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Egghead Computer (EGGS)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Anaxagoras who wrote (6928)	3/5/1999 1:45:00 AM
From: SkyDart	Read Replies (1) of 8307

Whether you use 8-17-9 or 12-25-9, the bullish divergence persists. Appel developed the moving average convergence-divergence indicator and originally recommended one for sell signals and the other for buy signals. Some play with the numbers to customize the MACD. Read Murphy, The Visual Investor or Elder on this. The bottom line is that in practice it makes no difference whether you use 12-25-9 or 8-17-9 and the more experience you develope with using these in conjunction with oscillators, the more you will realize this. The most important signal is the Bullish divergence indicating an imminent short term trend reversal. Elder describes this best in his books. If Kip is a good contrary indicator, and by the sound of his posts he is, we should see a big up move soon. Dart

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next