From Wikepedia on MACD: With the emergence of computerized analysis, it has become highly unreliable in the modern era, and standard MACD based trade execution now produces a greater distribution of losing trades[citation needed].
I've seen this FNarena site on a tryout basis. They are bears pushing their own book. Look at our strong earnings and historically low PE. It would be foolish to trade around a 600 point potential drop.
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