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Re: None

Sunday, 01/06/2008 8:00:34 PM

Sunday, January 06, 2008 8:00:34 PM

Post# of 19383
Odd TA result.... I just looked at the MACD for this stock. I indicated a turnaround in Mid-November which did not transpire. I find that odd, because most of the time these indicators.. while they may lag (what they are telling you has already happened wrt the stock going up or down), they are usually accurate. A positive indication is the blue line crossing the Red in an upward motion... it happened, yet the stock price fell... I find it odd. Not sure what it means. When I look at other stocks, the indicator works, usually without fail.

At one time I tried to predict price movement with indicators. It was a dismal failure. I find them only useful to confirm a decision made based on other factors....