Replies to post #29322 on Beneficial Holdings Inc (BFHJ)

[ridge]

I have an interest in the TRIX indicator that I've read about. Any experience in this would be appreciated.

[Taber]

Well the good news is that the MACD is beginning to flatten a bit, and that it's not sloped 90 degrees. I think next week we finally see our reversal.

[LOL]

You want the 200DMA to head NORTH not south, as with most of the indicators NORTH is positive and south is negative. MA stands for moving average, you always want all the moving averages to be going up. Obviously the 200DMA, or about 7 months moving average, takes a little longer to change direction than the 50DMA.