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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: jjs_ynot who wrote (16130)	5/20/1998 2:06:00 PM
From: Thomas C (Hijacked)	Read Replies (1) \| Respond to of 69340

Dave, actually it doesnt look exactly like that, but somewhat similar. I was using the MACD Histogram which is very similar to regular MACD but it is easier to identify downward slopes. And you have the S&P for that chart. I forgot to mention you should plot the MACD histogram for the Nasdaq, Russell 2000, DJIA and S&P. The S&P almost has sort of a buy signal but the nasdaq, russel have clear sell signals and the dow a somewhat weaker sell signal. 3 against 1 not bad odds.