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Re: Duma post# 49959

Wednesday, 12/03/2008 2:25:14 PM

Wednesday, December 03, 2008 2:25:14 PM

Post# of 79026
Jon,

I thought it said (but I'll check again) that if there was a identical crossing then that would be the signal to take, but typically the oscillator would precede the MACD and so we would wait for a pull back and a second oscillator signal.

Right now we have a REALLY BIG pull back on the 30" chart for the NQ, but it might turn out to be a trend reversal. I don't think the markets like the pending bailout of the auto industry.

Chico

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