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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: shasta23 who wrote (8683)	9/28/1998 2:24:00 PM
From: David R. Evans	Read Replies (4) \| Respond to of 12039

Hello Stefan, Well thank you my friend for the nice words...... The way I display the MACDs depends on the Software I am using.... I always like to use MSWIN to scan for my targets because it has StochRSI (14). When I'm in MSWIN I display the MACDs with a histogram. Once the stock has passed my MSWIN test I go over to GET for the final test. It's really in GET that I decide to buy or sell so I do not use a histogram for the MACDs.. I have found that most big runs begin when the MACD (8-17-9) gives me a buy and it is in oversold territory.. Now, I could get a good idea of this just by looking at the three MACDs. If MACD (13-34-89) & (13-26-9) are short BUT starting to move in the right direction AND MACD (8-17-9) is giving a buy, I would assume that the MACD is in oversold territory.... Take a look and see if you agree. Also look at my home page and check the charts. Dave Evans interactive.net