Hehehe... On Wed, May 4, 2011 at 12:21 PM, positif01 <[email protected]> wrote:
> > > Pressure in this May is still on though it may not affect a slim bull in > those with trading/investing view beyond May. Among notes challenging the > "Sell in May and Go Away" as pasted from this message thread said, > > "Many have suggested that this year the IDX will repeat it’s bearish > monthly cycle like last year, correcting 15%, but weekly MACD does not > support such a scenario." > > Well, weekly MACD may not seemingly take a position for a dead cross, > instead it is ready for a golden cross. However, do not forget what the > designer of the MACD Indicator, Gerald Appel, claims that a buy signal is > more reliable if the crossover occurs below the histogram and similarly for > a sell signal that occurs above the histogram. The seemingly golden cross on > IDX weekly MACD if that would happen is far above the histogram, meaning the > signal is much less reliable. > > From all key technical indicators we follow in anticipation for Sell in May > in case of Indonesia, only this weekly MACD which seems to put some fight, > but a closer look as we mentioned is not worth the counter strength. > > Having said that, we, however, technically do not believe that if > correction takes place it will bring IDX down 15%. We will share our further > insight on this Sell in May later the week. > > '+' > > On Fri, Apr 29, 2011 at 1:01 PM, Dewi Kamaratih > <[email protected]>wrote: > >> >> >> Update from papah lauren nich, enjoy yaa :)) >> >> "...For those who don’t believe, Sell in May and go away crying in the >> corner.. >> • Many have suggested that this year the IDX will repeat it’s bearish >> monthly cycle like last year, correcting 15%, but weekly MACD does not >> support such a scenario. >> • For those who do not believe in the May rally feel free to sell off your >> holdings and go crying in the corner when IDX hits above the 4.000 mark..." >> >> >> http://www.financeindonesia.org/showthread.php?2769-Papah-Lauren-IHSG-too-fast-too-furious >> >> >> regards, >> D >> >> > >
