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To: edamo who wrote (129793)5/29/1999 3:40:00 AM
From: Keo  Respond to of 176387
 
Hi, Ed, Arthur, Garrett !(sort of OT): MACD
I found interesting SI forum on analysis
Discussion Topic is MACD
I have not been an analytical tool user, but for those who are,
here's the initial post with link to another recommended site:
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Started By: TLindt
Date: Jun 3 1998 12:57PM ET

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.
This is the Site I have been using askresearch.com