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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?


To: David N. Jones who wrote (11072)1/29/2001 11:54:45 AM
From: TechTrader42  Read Replies (1) | Respond to of 12039
 
"It felt like I was reading a murder mystery but someone had torn out the murder chapter from my copy."

Very amusing, David. Curiously enough, though, you're right. It was a murder mystery, of sorts. I'd like to say it all took place in a dark Gothic mansion on a bluff battered by storm and sea, but it was set in a rather makeshift compound on the fringe of the jungle in a small country in northeastern South America.*

The details are set forth at this site:

lasalle.edu

*c.f., Kilduff, Marshall, and Javers, Ron, The Suicide Cult (1978).



To: David N. Jones who wrote (11072)1/29/2001 10:50:58 PM
From: Monty Lenard  Respond to of 12039
 
David, sorry so long getting back to you. Just choose a realative fast and a slow macd(whichever ones suits your fancy). Let them both get in sync (up real high or down real low). I am talking about EXTREMES. You will probably see the stock also trading at or above the upper bollinger band or lower bollinger band. I start looking for a candle sell or buy at that point telling me when to go for it. I truly believe the candles are a leading indicator (works for me) and when I have the macds (lagging indicator) both on my side I enter with confidence. Especially the slow macd. Brooke is the expert on macds .... she taught me her methods and I incorporated them into my style.

I am not good at explaining things. I see them and I understand them but to reduce them to writing is not my long suit.

Monty