[Technical Analysis] What do you think about Larry williams A/D ?

[lemanioc@xxxx]

Hi,
i'm reading a Larry williams book where he presents his Accumulation /
distribution indicator and how to use it to enter and exit stocks on
divergences between stock price and A/D indicator.

Seems great. However, I pulled some chart to see how it works. I 
found some divergence but they produced fake signals. Indicator 
doesn't seems to work well for me unless I don't use it right ?

Thoughts ? 

Rob


(PS: Tomasz if you read this, it would be cool to have a multiple 
forum system with : Amibroker support - bug reports - Suggestions - 
Afl - Newbies - Technical Analysis - Stock picks....it would greatly 
enhance your community. )