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RE: [sharechat] macd chart


From: "Ian Rawnsley" <ianr@ie3.co.nz>
Date: Tue, 20 Jun 2000 19:28:13 +1200


Julian,

The answer (as I learnt when in the IT industry) is: "It depends". There are
numerous provisos, too many to mention here.

Since you live in Australia (judging by your e-mail address), I suggest that
you contact the ATAA (Australian Technical Analysts Association). Look them
up on their web site:
www.ataa.com.au. There are branches in every state as far as I am aware.
They, like STANZ, arrange education seminars.

For those of you who live in Auckland, then come along to the monthly STANZ
meeting. We will have our regular speaker Murray Weatherston extolling the
virtues (or otherwise) of this year's Budget. If previous presentations by
Murray are any guide, then that takes about 30 seconds and we get on the
"real stuff"!.
There is an additional speaker (yours truly).

Place Auckland College of Education, McGhie Lecture Theatre, Epsom Campus,
Thursday 22nd at 7:15 for a 7:30pm start.

Ian Rawnsley


-----Original Message-----
From: owner-sharechat@sharechat.co.nz
[mailto:owner-sharechat@sharechat.co.nz]On Behalf Of Taylor, Julian
Sent: Tuesday, 20 June 2000 17:39
To: 'sharechat@sharechat.co.nz'
Subject: [sharechat] macd chart


i was wondering if any chartists out there
could tell me the value of the macd graph ie convergence/divergence
in predicting when to buy/sell.
if it can be used this way, are there particular provisos
that should be taken into account?
should it only be used in conjunction with other particular graphs?

are there better graphs to use when to
wanting to know when to buy/sell?

appreciate any thoughts

jt


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