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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: blitzfund who wrote (76052)7/20/2007 10:47:20 AM
From: Real Man  Read Replies (1) | Respond to of 94695
 
Yes, Blitz, beware of that speedy wave, cause it's gonna be a
tsunami -g- Beware of DOW -200. -g- It's gonna be
a bumpy ride. They can sure save it now, but large intraday
declines are dangerous in this market.



To: blitzfund who wrote (76052)7/20/2007 12:12:52 PM
From: William H Huebl  Respond to of 94695
 
Right!!!

Daily shows that very high MACD values are followed by a reduction in the rate of moves up. Weekly shows it even better - when indicator crosses MA downward then markets don't do as well. I use SPY also to look at with MACD.