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To: Trader X who wrote (839)6/10/1998 12:13:00 AM
From: Mary A Young  Respond to of 1471
 
Gosh, TradrX, thanks.....

I've always felt that there was more than one way to skin a cat. But you better not try it, cause I'm a cat lover. LOL

So you are saying that within this chart, a good entry point into KR would have been when you saw the higher highs starting to happen, rather than the price low of $40? Sorry if it takes me a couple of times to catch on.

I can see the value of confirmation, for sure.

Thank you for the time you took to help me with this. Its appreciated.

Mary



To: Trader X who wrote (839)6/10/1998 12:21:00 AM
From: Barry Hightower  Respond to of 1471
 
Mary Since Trader X has joined us again I will hound off about MACD.

#1 If you only learn one TA principal learn this ONE - DIVERGENCE IS VERY IMPORTANT.

Bearish Divergence is easy to recognize once seen on a chart.
-Bearish Divergence put simply is PRICES GOING UP oscillator going down. Climbing the mountain but your gear is falling down the other side.

-Bullish Divergence Oscillator starts going up but prices are going down.

#2 Never use just one oscillator because well MACD might show bullish divergence yet Stochastic or CCI or even a simple moving average(ma or MA) might confirm prices are still falling.

Anyone other than A.TANG is welcome to correct me or add to this post.

Barry



To: Trader X who wrote (839)6/10/1998 12:23:00 AM
From: Barry Hightower  Read Replies (1) | Respond to of 1471
 
Mary Since Trader X has joined us again I will hound off about MACD.

#1 If you only learn one TA principal learn this ONE - DIVERGENCE IS VERY IMPORTANT.

Bearish Divergence is easy to recognize once seen on a chart.
-Bearish Divergence put simply is PRICES GOING UP oscillator going down. Climbing the mountain but your gear is falling down the other side.

-Bullish Divergence Oscillator starts going up but prices are going down.

#2 Never use just one oscillator because well MACD might show bullish divergence yet Stochastic or CCI or even a simple moving average(ma or MA) might confirm prices are still falling.

Anyone other than A.TANG is welcome to correct me or add to this post.

Barry



To: Trader X who wrote (839)6/10/1998 8:21:00 AM
From: Arthur Tang  Respond to of 1471
 
TraderX, if you want to write what others wrote in their books, you are wasting our time. It does not give you any satisfaction, since any one can read and write what you try to hog wash others.

If you don't even understand how to interpret the real time aspect of charts and can only do what others wrote in their books, don't makes us laugh.

Go to Technical analysis for beginners. We do applications on investment prnciples in "analysis class for beginners" now. If you don't understand what I write, may be its you limited knowledge that gives you trouble.