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

To: AugustWest who wrote (190)	9/10/1998 12:13:00 AM
From: TLindt	Read Replies (1) \| Respond to of 1109

GE, MRK...also went over, but the last trip was a bounce not a rally...crushed by outside news and events...I'll watch this one. I also don't like the top action on the Portals...they have peeked short term IMO...they can't press on to new highs just re-trace part of the last run. MACD on a stock that is rising gives you in and out on long positions, MACD on a stock that is declining gives you in and out on short positions....look at MMM as an example. MACD is good at in and outs on trends, up or down... Also, another note...I don't like the intervals of the portals. UP DOWN UP DOWN, like a bobber...vs good solid trends. Look back at Asia #1 last October...it didn't dent them near as bad as this down turn.