Scottsdale Scientific, Inc. (STDS) Message Board

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Microcap & Penny Stocks : Scottsdale Scientific, Inc. (STDS)

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To: Alex SvS who wrote (17)	4/9/1999 10:19:00 AM
From: scouser	Read Replies (1) of 105

No, problemo Alex, I did not go any further as it might be classed as hyping ,I was hoping people could infer the meaning. The true meaning of the MACD can be read in the training section at clearstation, the short version is- MACD is the immediate trend direction of the stock. When the blue line is on top, no rise or even a fall, when the red is on top it means price is upward, the steeper the lines the steeper the price. The main signal is when the lines cross, as in our case, the next signal is WHEN they cross. The closer or above the 0 line, the more stronger the rise will be. The lower graphs are pointing up, which confirms the the trend. Please check the previous 2 green signals , the stock rose 25- 50 % AFTER the signal , so we can summise thats were we are going. clearstation.com scouser

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