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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade -- Ignore unavailable to you. Want to Upgrade?


To: SpongeBrain who wrote (1745)1/2/1999 4:46:00 PM
From: Dale Baker  Read Replies (3) | Respond to of 2120
 
If you look at a 5-year weekly chart with MACD lines and histogram, you can see the buy/sell/buy indicators you mention. But there were additional buy or sell signals each year which didn't pan out. MACD is usually reliable in hindsight, and less valuable as a short term predictor.