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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: Glenn who wrote (28852)	4/18/1999 2:14:00 PM
From: Bill on the Hill	Read Replies (2) \| Respond to of 90042

Thanks Glenn, Do you have the URL for the article? I would like to match it to his charts so that I can see the examples. My simple head has a hard time conjuring up the image of his explanation. Bill

To: Glenn who wrote (28852)	4/18/1999 5:30:00 PM
From: Waldeen	Read Replies (1) \| Respond to of 90042

Glenn, the "Using MACD" post is great! Nothing like when someone explains something so well the mystery and TA phobia go away. This is redundant for you Glenn and most others here, but may be of interest to others....since the thread is talking about AOL and ATHM, here are Clearstation links for these two stocks (that everyone here can easily access), first AOL: clearstation.com then ATHM: clearstation.com Nice thing about Clearstation is the trending line picks up the MACD buy/sell signal in a quick visual manner. Take a look at the bars on the top. Simple. (And free too.) Nice charts, really, in that there is some confirmation to my gut feelings that ATHM and AOL are not on clear uptrends at the moment i.e. Clearstation shows neither trending up. But you can't wait for the buy or sell signals... The problem is exactly as the article points out, since in practice the indicators are time-lagging or slow. For example, one of the things Paul did a heck of a job calling this week is the fast dip in the AOL chart (red price bar) which was a short term low. These charts will never catch those. (As a side, one thing I am ignorant about is if there is such a thing as a real time MACD with shorter EMA that might catch these. Perhaps Watley even has these? Anyway I don't know how you would do it without a realtime feed. Comments?) Hence why we have good stock pickers like Tim, where the human brain is still the better tool for realizing trends and movements, IMO. Since I recently brought BRCM to the thread, here is it's chart. clearstation.com Interesting too. Note that from a strictly TA point of view you can't accuse me of pumping the stock ;-) Clearly it is in an uptrend but the near term price appreciation has been volatile. Note that you could have made money just strictly following the MACD buy/sell signals. But again, their calls were late, and you would have sold way to late after the run-up in early Feb. my two cents, Waldeen :-)