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Re: dalcindo post# 9292

Saturday, 09/08/2007 11:36:33 PM

Saturday, September 08, 2007 11:36:33 PM

Post# of 17016
Well, good to have you here David. You obviously know what you are looking at.

There is probably a method for deriving the macd divergence, I'd just have to set up Excel to look for it and import a history of closes I think. The macd divergence is a breakout watch-list type of tool that indicates things to come that would be confirmed by other indicators, mostly at a later date. Sort of an early warning indicator so to speak, but they are fairly hard to find. Last one I traded was IPII from 7 to 14.

Slow STO has some big significance for daytraders as I'm sure you already know. Best play is when all the indicators say the same thing like you say.

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