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

To: SpongeBrain who wrote (9101)	1/16/1999 6:37:00 PM
From: gonzongo	Read Replies (2) \| Respond to of 12039

MACD 13-34-89 gave a sell signal on July 28, 1998 - it stayed short the market ( except for a brief 3 day whipsaw in late September) until it gave a buy signal on October 16, 1998. It has been long since then. andy

To: SpongeBrain who wrote (9101)	1/17/1999 12:29:00 AM
From: Bob Jagow	Read Replies (1) \| Respond to of 12039

That experience led you to consider day trading? And I thought SB was a nom de plume ;)

To: SpongeBrain who wrote (9101)	1/17/1999 4:46:00 AM
From: Michael Quarne	Read Replies (1) \| Respond to of 12039

Hello spongeBrain, Sorry to see your post and losses. 1. What TA would have told me to get out of the market in August? One thing that should have gotten you out would have been applying money management Tech's. Say 10% down and your out of the issue that got to that point. Protected 90% of your profits or Investment capitol! Gonzongo Suggested Dahl set at 13,34,89. One of the best intermediate trend indicator that there is. It will get you in and out with profit, "MOST," of the time. But what good is intermediate trend indicator if you haven't an exit plan? Hope this food for Thought is helpful! Arctic Mike