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


To: David Raine who wrote (8994)12/14/1998 12:58:00 PM
From: TA2K  Respond to of 12039
 
Thanks, David. I'll try out those formulas.

Nicholas



To: David Raine who wrote (8994)12/14/1998 6:16:00 PM
From: AL  Respond to of 12039
 
Thanks, David and CatLady. You were helpful. Al <eom>



To: David Raine who wrote (8994)12/17/1998 1:16:00 PM
From: Kaliico  Read Replies (2) | Respond to of 12039
 
A trend I am noticing, MACD STOCH and %R

... for a few stocks I monitor such as DRIV BYND PTVL NEWZ and others out of the I-net sector.

The Williams %R and stochastics indicate oversold conditions and potential buys, yet the MACD 8-17-8 for most is moving into negative territory indicating a continued down trend. Again I see this for many stocks across the spectrum. I understand a MACD move out of negative territory combined with favorable stochastics and %R is a good buy signal. Yet i see the signals opposed, is this simply saying these stocks will continue to trend down, even more general, is money moving out of the broad market?

Any thoughts are greatly appreciated. Thanks.

Regards,

MJY