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

To: Cush who wrote (8875)	11/9/1998 3:36:00 PM
From: David R. Evans	Respond to of 12039

Hello Cush, Why thank you Cush for the very kind words... I truly appreciate them.. I just put up a new daily chart of AMGN on my home page with just the MACD (8-17-9) and Parabolic SAR. You can now see the MACD better. In mid-June (6/15/98) you got a sell signal MACD (8-17-9). Even though Parabolic SAR was still long, I think I would have sold. On 6/24/98 you get another buy and that would have kept you in until 7/28/98. I would have bought this run because Parabolic SAR was still long. When it's a buy signal, I want every thing in place. I want Parabolic SAR and MACD (8-17-9) long and MACD (13-26-9) ready to go long. I also look at StochRSI (14) in MSWIN as well as InSync Index, Dahl, and, DNS. I do not need all the longer term indicators long, I just want them moving in the right direction... On the sell side I'm a little different. There are times when I just need ONE sell signal to get me out and there are other times when I want two or three.... If I already have a nice profit I might get out as soon as the first Indicator tells me to. If I'm looking for a longer run and the Market is in a good mood, I might wait for another Indicator to tip the scale.... The Indicators I use for exits are MACD (8-17-9), (13-26-9), (13-34-89), Parabolic SAR, StochRSI (14). There are very few if any cases when I will not get out when MACD (13-34-89) tells me to... Dave Evans interactive.net