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To: The Freep who wrote (53262)9/13/2002 10:49:10 PM
From: John Madarasz  Respond to of 209892
 
what the hell are you doing posting charts...with horizontal lines drawn no less???<g>

have a great weekend bro,and thxs for the nice chart.

sometimes simple is BEST... shread will testify ;~)

jm



To: The Freep who wrote (53262)9/13/2002 11:15:14 PM
From: John Madarasz  Read Replies (2) | Respond to of 209892
 
as an aside..here's an older article that i printed out years ago, and have been fooling with a bit evr since...

moneycentral.msn.com

it's just that i notice on almost every chart i look at, people post a 12-26-9 macd w histogram, and sometimes i wonder why. anybody who is interested in ema's, crossovers, and their functions as primary or secondary indicators, might want to get off the beaten path and fool around with different combo's if so inclined.

the reality seems to be that we could be facing YEARS of ranging markets, and any indicator combination...or formulation that is deemed reliable and successful, is worth investigating sooner rather than later i think. I also think being able to discern direction from a very few solid reliable indicators will continue to prove to be a valuable tool now more than ever in the new trading environ that is evolving... that being one of range bound markets.

the status quo "standard fare" indicator settings seem somewhat lazy,...not to mention the fact that everybody uses them... and to me sometimes seem more than likely apt to create possible confusion and diversion, rather than direction.

fwiw sometimes when i see a generic indicator setting along with a chart, no matter who drew it, i tend to lump the draws and ideas in with the rest of the herd, since it's more than likely what they are looking at too.

i've seen some interesting study in this regard while working on another serious board.

just food for thought.