badjelly, page-9

Hello Byteme

Again it appears that you haven't understood what I have read.

The first three criteria are important in terms of trend change.

The weekly MACD is particularly important. I treat that as a master signal. It is not a sufficient and necessary condition in and of itself to enter a trade. But if the weekly MACD is positive then one can say that the overall prospects on an intermediate time scale are positive.

A positive change in the weekly MACD is not the result of just a "blip" - but a steady change in the momentum of a stock over a considerable period of time.

Its not perfect - nothing is in the stock market. But its not too bad either. When other factors fall into place - then its worth entering a trade. The congruence of multiple signals is important.

I won't be replying to any further posts from you as it seems to me that nothing I say will be satisfactory to you. I may be wrong - but it seems to me that you are more interested in put downs than in entering into a discussion.

Cheers
Red