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

[lemanioc@xxxx]

--- In amibroker@xxxx, "server not recognized" <winchp@xxxx> wrote:
> The problem with all published approaches is that since things 
change over
> time they no longer work. Be aware of this and don't be surprised 
when they
> don't work as published. Since TA is more popular, what used to be
> successful such as breakouts after a long period of forming a base, 
now
> become false breakouts, i.e you trade the opposite. Read Market 
wizards by
> Schwager, where expert traders make the same comments.
> 
> Some fundamentals don't change. Insiders buy stock so volume 
increases
> when they know of improving conditions, so a companies improving 
trading
> position is telegraphed to the market.
> 
> I will publish some links soon so that people here will move beyond
> "indicatoritis" and focus more broadly on making money.
> 
> P

All technical people (chartists or indicator guys) claim its been 
over 100 year technical analysis works and repeat its result over and 
over again.
But I also hear what you said about dramatic increase in trading 
activity requires more up to date TA than TA from several decades ago.

I'm waiting for your links ! ;)

Thanks,
Manioc