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To: Crimson Ghost who wrote (56314)12/7/1999 2:53:00 PM
From: marc chatman  Respond to of 95453
 
George, I track it here by using the macd setting in the lower left box and typing in osx.x as the symbol.

quote.lycos.com

A bullish divergence is when the macd is moving up or making a higher low while the stock price is making a lower low. A bearish divergence is the opposite -- when the macd is moving lower or making a lower high while the stock price is making a higher high. MACD is a momentum indicator which charts a comparison of two moving averages, usually a 12 and 26 period. Divergences are used to tell me when momentum in one direction is slowing and a turn in the stock price is expected. If I'm looking at a 10 minute chart, the moves develop and end rather quickly, while a divergence on a weekly chart could signal a turn in direction that lasts for months.