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Non-Tech : LCS Golf (LCSG) -- Ignore unavailable to you. Want to Upgrade?

To: Alex SvS who wrote (344)	3/5/1999 7:02:00 PM
From: scouser	Read Replies (1) \| Respond to of 626

Alex I will do that for you by saturday, it's obvious from a glance it is going up, but the trick is when and by how much. I had a sell order in today but the charts showed LCSG was going to close higher than the open so I pulled it :) John

To: Alex SvS who wrote (344)	3/5/1999 9:24:00 PM
From: scouser	Read Replies (1) \| Respond to of 626

Alex, I'm just going to start on your request, I would like to point out that the info you posted is computer generated and I think the -32% thing is a programm error. John

To: Alex SvS who wrote (344)	3/6/1999 2:51:00 AM
From: scouser	Read Replies (1) \| Respond to of 626

I have e-mailed clearstation to check 32% decline- obviously an error,and get a definition of fast track detect. I will then give a very detailed opinion of the data in your post. It is ALL EXCELLENT NEWS, but I would rather use references, then it is fact and not hype. John

To: Alex SvS who wrote (344)	3/6/1999 11:32:00 AM
From: scouser	Read Replies (3) \| Respond to of 626

While we are waiting for clearstation to get back to me on 3 and 4 let's do 1 and 2. caveat. I'm no expert , please jump in at any time and opinionate. reference. www.clearstation.com -education. Print off clearstation.com MACD what is it? (in my own words) It is an indicator used to give us the short and long term direction of a stock. The more a stock has traded the better this indicator is. Each T/A company has its own precise definition of how they generate MACD. Clearstations is "For MACD, the parameters we use are 26-12-9. Here is how it's calculated: Calculate the 26 day EMA of the closing price. Calculate the 12 day EMA of the closing price. Subtract the 12 day EMA from the 26 day EMA - that is the value for the fast line. Calculate the 9 day EMA of the fast line - that is the value for the slow signal. " Fast = red , slow = green. SO what do we look for? We are looking for 3 things. 1. the red line crossing over and above the blue. 2. the red line crossing under and below the blue. 3. where is the 0.0 line. In our case the red crossed up and over the blue line. This indicates an upward trend. The size of the increase is not as accurate however it is determined by how far apart the lines are. The wider the gap the larger the increase. You would have to go to www.bigcharts.com and "zoom" in on the last week to see a closeup view than clearstation. What does the line crossing up/down mean? It means pay close attention becaues the price may be starting an upward/downward trend. You may say well thats obvious by the price graph- not neccessarily so. Check ou how rich you would be now if you would have bought LCSG in december when the price was rising a teeny bit. MACD told us to BUY. Not all price rises give a green buy signal. To make things easier for us clearstation does two things when the cross signals a new larger trend., they put a green tag on the MACD graph and a green bar on the amin top graph. Conversly , when a downward trend is born a red inicator is posted. The crossing of the lines itself is not a full signal, if it was, the indicators would fill the graph, so they have to be "confirmed" by separating apart a predetermined distance. In our case it took 3 days. The time to confirm is historical, what happened the lat time a crossover happened that took only 3 days to confirm, the price went 200% in few days. There are other factors involved so I'm not saying this will happen again next week , but we can hope so can't we? Where the crossover happens is also important, the closer to the 0.0 line it is , the better ( or larger?) the rise, for MACD green. In our case if it would have been written by a human it would have said- crossed over JUST below center. In our case the point where the crossover happened is excellent. 2. What does the centre line mean? The centreline is an indicator of the stocks historical price trend. The MACD peaks will push the 0.0 line downwards. The lower the line , the better. In our case the price is above the line 80% of the time, comparible with all the best stocks around. I think a non technical analysis would go something like this. YYYYYYYYYEEEHHHHAAAAAAAAAAA!!!!! John