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Strategies & Market Trends : MACD has been good to me....How about You? -- Ignore unavailable to you. Want to Upgrade?

To: TLindt who wrote (124)	8/16/1998 5:59:00 PM
From: AugustWest	Respond to of 1109

>>....Tomorrow will tell a bunch. Sheeite, This whole week has been rather a pisser of a ride. Like that tug of war, and neither side refusing to give in. I even think it might have been healthier has we bombed couple hundred pts. and not gotten any rebound. This slow bleed thing in effect is worthless. It doesn't clean up the crap that's just out there floating around. The weak must fall, to add strength to the more viable companies. People just throwing good after bad, and with out any cleaning up, it'll result in everything being hurt.....Ah, I should leave that stuff to the analysts on wall street who know by far more than I. I did sell off my position in SEEK on Friday at $28(took a 4 pt. loss). Broke the rule, and may sit back and watch it fly back to 32, but I just don't have good feelings about much from watching this past week. Still long LCOS, and holding those now splitted close to free shares of XCIT(which as you know I want to just hold forever- hope I don't get pressed into getting rid of them) **And this commentary is in no way affected by what happened to CKFR this week. That they did on their own, and wasn't the result of any wallstreet happenings. Had the revised estimates not been a factor, I believe it would be shining brightly at 25-26.

To: TLindt who wrote (124)	8/16/1998 11:52:00 PM
From: AugustWest	Read Replies (1) \| Respond to of 1109

Tom, I have been looking at the chart for OZEMY- your aussie connection, and it brings to my attention, a technical question applicable to any stock... using the 8-17-9 MACD for a buy signal, it shows a border line buy on the ask research site. The site I use has shown the buy on the 8-17-9, but not on the 12-25-9(which I understand it utilized for the sell sign). Conversely it shows a sell now on the 8-17-9. I suppose my question is better stated like this: IF you get a buy on the 8-17-9, but never one on the 12-25-9, it is impossible to get a sell signal on the 12-25-9. Is that correct? And if so do you just hold on and over look the 8-17-9 sell on the chart or do you act upon it? I hope this is making sense to you.