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Re: [sharechat] TLS and Chart


From: Phyllis Bergquist <phyl@clear.net.nz>
Date: Wed, 09 Apr 2003 10:44:51 +1200


It may be pertinent here to mention that the Appell Group has a large
Management Fund which has survived the downturn in good heart.    Of course,
shorting,  I have no doubt.    I went to hear Mr Appell thinking I wd not
understand most of it as Funds (I think they use ETFs) are not in my
criteria and also I am not a v mathematic person and Mr Appell most
definitely is.    However, once I got myself together I realised the total
logic to what he was using.

Different numbers for different phases and a logical attitude to how much
movement "expected" in certain area of the market using past movements as a
basis.    Hope that is clear.   Later this year there will be a DVD out on
the Seminar and can't wait to pick up the bits I didn't latch onto (plenty)
and get answers to the bits I am unsure of...

He is a creative mathmatical thinker.   Wish I could be of more assistance
with the subject but there is much more in MACD than in the average T/A
tomes.

Cheers   All     Phyllis.

.


----- Original Message -----
From: <prhughes@value.net.nz>
To: <sharechat@sharechat.co.nz>
Sent: Wednesday, April 09, 2003 8:29 AM
Subject: [sharechat] TLS and Chart


> Hi Phaedrus
>
> My, you keep on surprising me with that reply to W69, very witty.
> Patience is a virtue which sometimes is difficult to exercise, guilty I
> am, but improving.
>
> The other day Phyllis mentioned MACD, which I am no expert at
> but is used primarily to trade trends and should not be used in a
> ranging market.Phyllis mentioned that tinkering had been made on
> Appel's original settings of 26,12,9.What can you tell me?
>
> You did mention earlier you do not use MACD but that many
> others do! Good to see a chart on the forum again.
>
> Regards
>
> Bill
>
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