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Strategies & Market Trends : The best Mutual Funds -- Ignore unavailable to you. Want to Upgrade?

To: Talib who wrote (292)5/25/1998 12:43:00 AM
From: Steve S  Read Replies (1) | Respond to of 366
 
Unless you intend to sell out into every correction, the indicators should probably not concern you. MACD can, with some accuracy and some delay, signal an overbought stock beginning to lose strength, as well as it's inverse. Though I chart MACD on my mutual funds, it would take an exceptionally clear trendline breakdown accompanied by deteriorating fundamentals (mainly, sharply rising interest rates) to compel me to take any action.


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