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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Doug R who wrote (25104)1/7/1999 7:18:00 AM
From: Mike Perras  Read Replies (1) | Respond to of 79438
 
Hi Doug R:

As a non TA investor, I'd like to ask you a question about CMGI.
MACD = 7.87 Signal = 6.90 re this chart

iqc.com

On IFMX ..
MACD = 0.71 Signal = .44

iqc.com

Using candlesticks, both stocks look like there is buying VS selling.
Could you explain why the MACD is so different for both these stocks.

I tend to like stocks with very low MACD readings .. is there a simple story to be told for higher & lower MACD numbers.

Hope this doesn't seem like a foolish question.

Many thanks for your efforts,

Mike



To: Doug R who wrote (25104)1/7/1999 9:01:00 AM
From: Blake Turner  Read Replies (1) | Respond to of 79438
 
Doug,

I will have my bag of tricks packed and will be hangin at the round table session until there is no one left to talk too >GGG<

Blake