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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: CATSEYE who wrote (3785)3/2/1999 10:18:00 PM
From: James Strauss  Respond to of 13094
 
Welcome Katsi:

Here is the definition of MACD:

MACD [Moving Average Convergence/Divergence]

This indicator uses three exponential moving averages, a short or fast
average, a long or slow average and an exponential average of their
difference, the last being used as a signal or trigger line. To fully
understand the basics of MACD you must first understand simple moving
averages. The Moving Average Convergence/Divergence indicator measures the intensity of public sentiment and is considered by Gerald Appel, its developer, to be a very good indicator signaling market entry
points after a sharp decline. This indicator reveals overbought and
oversold conditions and generates signals that predict trend or price
reversals. It provides a sensitive measurement of the intensity of public sentiment and can be applied to the stock market, to individual stocks or to mutual funds. In some instances, it an can provide advance warning of reversals allowing you to buy into weakness and sell into strength.

Here is aa good Technical Analysis info site:
wsdinc.com

13/24/89:

Fast moving average is 13...
Slow moving average is 24...
The signal moving average is 89...

I use Worden Bros. TC2000 for my scanning...

Jim



To: CATSEYE who wrote (3785)3/3/1999 8:06:00 AM
From: Cush  Read Replies (2) | Respond to of 13094
 
Hi Katsi: This IS one of the best threads here at SI. James is a clear thinker.

Another thread that I have found useful is Technical Analysis for Beginners Subject 8225

That thread has been a little cluttered lately but if you look back, or go to the beginning, you'll find some useful info.
In particular, the posts of Gonzongo (Andy), Richard Estes and David Evans are usually worth reading.

Cush