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Technology Stocks : 3DFX -- Ignore unavailable to you. Want to Upgrade?

To: Mike Sesan who wrote (3925)	6/12/1998 3:38:00 AM
From: Chip Anderson	Respond to of 16960

Ummm...OK. My thoughts: I don't use Stochastics, Linear Regression Slope, R-squared, or PVT so I can't add much to what you've said. I'd love to see an annotated chart of these things w/your opinions. That said, the point of my prior chart posting for TDFX was to let people know that the relatively popular MACD buy signal was occurring and that it should bring in some buying from pure technicians. The effect is kinda like getting a small pop from a positive news article. In my opinion, this effect only occurs if the indicator in question is widely followed and if it gives definitive buy/sell signals. MACD (with the standard parameters) fits that category and so it is one of few indicators that I consistently watch closely. Chip