2 replies to this topic

[OEXCHAOS]

Not who, but what. I'm talking about the daily MACD. Last week, I said that price and breadth were bullish. That said, I smelled a top. I could feel a top. The problem is, if we bet on it, how do we know where we're wrong? You'd just have to arbitrarily pick a stop, or wait until you got a turn. In any case, back to the Best Fade: the past 13 times the daily MACD has flashed a Buy or a Sell, it has been a good fade. Sometimes you had to take a little heat, but usually not much and not for more than a couple days. In EVERY instance, you got a nice, tradable move in opposition to the signal. Last week, we just got a daily MACD Buy. So far, it looks to be a great fade. Mark

[bobalou]

are you reading, my bs, up is down,and down is up ?????????

[OEXCHAOS]

No, but I think we're on the same page. M