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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?

To: Dr. Stoxx who wrote (2674)	1/19/1999 9:43:00 AM
From: Ken Adams	Read Replies (1) \| Respond to of 39683

TC, Here's a strange! I went to Ask and did as you suggested, using their default parameters of 12/25 (I don't plot a "trigger"). I saw exactly what you said, a negative MACD, and falling. Taking those same parameters to my WOW program and plotting them on my old chart for CLFY, gave these numbers, all positive: 1/13 = 0.505, 1/14 = 0.3941, 1/15 = 0.399. Once again, a turn up in MACD. I can't defend any of this, as I long ago had my confidence shaken in the way software calculates these formulae. I think the safest thing to do is to stay with just one formula, on whatever software you choose. Much like always weighing yourself on the same scale. You get relativity, even if the numbers aren't exact. Looking closely at ENZN this morning for the next half hour, or so. Ken

To: Dr. Stoxx who wrote (2674)	1/19/1999 4:44:00 PM
From: Dr. Stoxx	Read Replies (3) \| Respond to of 39683

SPLS gapped up nicely at the open, then sold off, I think on news around OXM and their alliance with IBM. Still looks good technically for a longer hold. A higher trading range than yesterday's. HD creeping along nicely. My call on XIRC was a beauty. Up over 2 points today. Profit stoploss in place. High risk trade in AHWY moving back up into profit territory (got in a bit too early). Daytraded BAMM today on a tip from a friend. Bought at 12.75, out at 14! Both limit orders. Never once looked at the computer after the trade went through. Easy money! My wife fared a bit better, however. She jumped on IMON after a sell-off, and came away with 50% (6 to 9). Nerves of steel. PS: Wall Street Journal phoned today. Wants me to contribute to a story on the new breed of stock traders! Will keep you posted... TC.