But . . . I wonder why you say those figures? Do you have reasons? Or are they guesses? Or are you just hoping? You give no reasons. What is your evidence? You give none.
As I said, I would respect a reasonable argument. You, however, are not giving one.
Let me go further with the "system" (your term).
Let's take your beloved WOW over the past few years.
The monthly MACD gave a long term buy on WOW in 2000, when the price was under six dollars. The monthly MACD gave a long term sell on WOW in the middle of 2002 when the price was about $12.
The monthly MACD then gave a long term buy again mid 2004 when the price was again about $12. (Money safely earning bank interest for two years? Better than a share price going nowhere?)
The monthly MACD then gave a long term sell . . . when? just last month when the price was . . . well you know what the price was last month.
So far - the long term buy and sell signals have done a fair job with WOW.
Not bad for a "system" which should be thrown in the bin.
Cheers Red
ASX Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held
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