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Non-Tech : Claire's Stores (CLE) NYSE

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To: JOHN DEOGRACIAS who wrote (278)3/13/1997 10:38:00 PM
From: Carl Yee   of 619
 
I am learning a little bit about TA and noticed that CLE's MACD chart has indicated a turnaround and buy signal within the last 5-7 days.

As I understand the MACD chart, it basically measures the intensity of the trading public's sentiment and can provide early clues to trend continuation or reversals through the use of three Exp. moving averages and comparing them.

Having picked up a few shares in the 14s, hope to see if CLE can test 20 again.

Carl
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