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capt_jmj

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capt_jmj

Re: northam43 post# 2459

Friday, 03/19/2010 8:56:19 PM

Friday, March 19, 2010 8:56:19 PM

Post# of 2827
The second derivative of the MACD (10,66) has been negative for 6 days now (i.e. the rate of change of the slope of the MACD is slowing). A sustained move down will not be confirmed until the slope itself (the first derivative) becomes negative. It was a nice ride down at 2X Short today from the inflated open while it lasted, but netted out at a whopping 11.5 NDX pts. Big whoop...

Kind regards,
-CAPT J

"What would you attempt to do if you knew you could not fail?"

http://investorshub.advfn.com/boards/board.aspx?board_id=7383

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