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Biotech / Medical : TGEN - Targeted Genetics Corporation -- Ignore unavailable to you. Want to Upgrade?


To: WalleyB who wrote (183)3/17/1999 7:57:00 PM
From: Venditâ„¢Read Replies (1) | Respond to of 557
 
This is the definition of my MACD 8-17-9 signal:

MACD
The Moving Average Convergence/Divergence is a good medium term indicator developed by George Appel that signals overbought and oversold conditions by measuring the intensity of public sentiment. Use the crossover of the fast moving average through the slower moving average to arrive at buy or sell signals. MACD is especially valuable when used in conjunction with a momentum indicator such as Stochastic or RSI. Since MACD is a sensitive indicator of public sentiment it can be applied to mutual funds as well as stocks and some technicians believe a 8-17-9 MACD is best for entering long positions and 12-25-9 for exiting them.


To your other questions:
Does the chart indicate that the expected pop up in the price will be such that it will not retreat?

The answer is no.

Does the chart indicate that there is pressure building that will cause the price to advance, and why?

The answer is yes....presure is already present and there is not 1 damn thing anyone can do to stop the price from rising. As to your why?
That is answered in my intial copied definition of MACD charting.

If others see the chart in the same way, due to immutable laws at work, will the price advance because other TA'ers are buying on the signal or does the chart reflect a reality not yet seen, i.e., the company is increasing its sales and earnings or the FDA is about to give the OK on a drug or therapy that will launch the company.

The answer is yes but another question that should come to mind is how many people are armed with this TA knowledge that either own or trade TGEN. Based on what I see on the web the answer is very few.

by the way liked the banjo and guitar music on your profile. Did I miss any video?

Your timing on that one is incredible.........just yesterday SI pulled the capabilities from US to put animated gifs. ect in our handles. So you missed all of my tacky spinning $100 bills that made up my background.

I do however take music requests on slow market days so feel free to make some!<g>