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To: Kevin Shea who wrote (19779)	2/1/2000 5:14:00 PM
From: ~digs	Respond to of 57584

Hi Kevin... no, my readings weren't quite that advanced... after having seen the rounding bottom last week I took a closer look at it. It was the close convergence in the bollinger bands that caught my attention (daily chart/15dma/1.5sd). I see now that there was no way to determine an accurate timing of the move without the advent of some other indicators. I've been doing some studying on different forms of TA using the IAAC chart (because of its simplicity). Very much a newbie at this aspect of trading... thanks for the tip regarding 60MACDXO. I should spend some time experimenting with it... you can never make enough paper trades. :-)

To: Kevin Shea who wrote (19779)	2/1/2000 10:51:00 PM
From: Daniel Mack	Read Replies (1) \| Respond to of 57584

Kevin, I have a question if you don't mind. When you are looking at 60 min chart for stoch and macd is there one time frame that you tend to feel most confident about entering a position as opposed to others. Right now I tend to look at mostly 5 day (also 10 and 30) but mostly 5 day as a rule. I understand the longer the time frame the more accurate the read tends to be, but for entering a stock for a position trade, I am curious what your thoughts are. TIA Daniel Mack