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To: Apollo who wrote (2906)	4/28/2000 12:05:00 PM
From: Ausdauer	Read Replies (1) \| Respond to of 6516

Stan, JB called this one dead on. Let's give him some credit. I like the statement about MACD being a self-fulfilling prophecy because so many believe in it. I have no doubt that this is true to some extent. In some ways technical analysis is a religion rather than statisical hocus pocus. In general I think market timing is best left to experts and those with crystal balls. Investing for the long term and adding on unexplained weakness seems to be an equally good technique. In the latter case you sometimes need balls of brass, not crystal. Ausdauer

To: Apollo who wrote (2906)	4/28/2000 1:22:00 PM
From: Jeff Bond	Respond to of 6516

The ONLY time the MACD is to be used to "anticipate" (in contrast to the word you use "predict", is when the indicator and the trigger line are BELOW the "0" line. I use it otherwise, and in fairly unusual fashion. What I've noted here this time around is a CLASSIC crossover, with both trigger and indicator well under the "0" line, and supported by the MACD Histogram about to turn positive. I understand the reluctance, and appreciate the position, but I am CERTAIN those who bought at the $40 level will be at least 30-50% happier in the next two to three weeks. I'll admit a gaff if it occurs, it is a lesson game, with no end, simply more education as we all become a better investor, one step at a time. Best to you, I'm going to use MACD to trade as well as long-term invest, I have confidence in it. Regards, JB