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<DIV><FONT face=Arial size=2>A little earlier today, I think, someone on the
list wanted to have some setting for the MACD indicator to be used for
divergence. Well I am sure that whatever settings you use, you are
going to find that the indicator is wonderful after the event, but probably not
so good before it. If you actually have to put your money on the line,
looking for an entry...????</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>Probably the best divergence indicator is one that
is based on the current price action that you are looking at on your screen,
happening as you are looking at it - with your finger on the button, as it
were. Today, we had a wonderful example (and I am short as I write,
watching it go further, I hope, before having to pull out when Mr G starts to
speak...!)</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>Anyway, look at the enclosed carefully, and you
will see that for reasons best known the Almighty, the Spoos started to climb as
the Boos were in congestion. Then the Spoo suddenly put in two big bars
and the Bonds seemed to be caught flat footed. Now that is what I
call a Divergence Indicator which can really produce the goodies.</FONT></DIV>
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<DIV><FONT face=Arial size=2>You had at least five minutes to get your trade
on. You made the intraday break and the Inside Day trade and you
should still be short with the best part of 20 ticks in the bag and watch more,
as the bonds tank and, just for once (these days!) the Spoo turning round and
following. We could get a big point of this yet...</FONT></DIV>
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<DIV><FONT face=Arial size=2>In haste..... O Yes...!! The Bonds is a
great contract, and its worth learning its little foibles...!!</FONT></DIV>
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<DIV><FONT face=Arial size=2>Bill Eykyn<BR><A
href="http://www.t-bondtrader.com";>www.t-bondtrader.com</A><BR>"Learn to read
the tape"</FONT></DIV>
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