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

To: browser who wrote (171)	8/26/1998 9:21:00 PM
From: TLindt	Read Replies (1) \| Respond to of 1109

Well if you are trading SEEK, then the MACD is not good as it trended down today. Being above or below zero makes no difference your buy sell intersections come when the line crosses the bar. Look again at the chart. Then look at the cross overs....then expand your knowledge and look at the entire segment; Yahoo, Excite, Lcos, & Infoseek...It's not good. Only good ones in the bunch are Lycos & Yahoo...one of those fail and they all will die short term IMO. Seek is not one to buy right now...because it turned down today indicating a sell might come soon.