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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Murrey Walker who wrote (22185)	3/31/1999 3:01:00 PM
From: Glenn	Read Replies (2) \| Respond to of 90042

I just read that. I am still learning that system so I can't argue on their turf. From the macd and stochastics, I like it. I will study it more tonight to formulate another opinion. I've read the book on the technique several times and now belong to a site dedicated to that kind of analysis, so it will be a very good exercise. Glenn

To: Murrey Walker who wrote (22185)	3/31/1999 3:07:00 PM
From: Jorj X Mckie	Read Replies (1) \| Respond to of 90042

Murrey, P&F doesn't get a DELL buy signal until $45, true. And P&F internal signals are generally bearish. P&F philosophy is not necessarily to catch the bottoms and tops, but to catch 80% of the move. Often that means waiting for confirmation. However, if DELL reverses down after hitting resistance at $44 and sets new lows, it would indicate that P&F is a good method for money preservation rather than being "slow". DELL's chart is still very much in a downtrend, but I entered DELL yesterday for a quick flip (I use other TA indicators as well). JXM