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To: marcos who wrote (14941)7/1/2006 3:58:10 PM
From: E. Charters  Respond to of 78419
 
This is a better interp of keltner channels. This indicates that cdy was a buy on the 14th and trades choppily short term within its ranges. The stock price is a dashed line here.

Price channels and CMFI have been shortened to 9 and 5 days respectively to show short term buys are actually predictive. When the stock goes down outside its bottom channel, -and- parabolic dots if you plot them, (not here) switch to below and arcing dish-up, and MACD is positive -- it is a green to buy.

The 10th to 24th shows a lag in MACD and parabolic. Price channel in short term spurts shows a clear buy on the 14th. Note it is arcing up towards the top channel, but historically it does not have to go over to be a sell, just get near.