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Al,
Do you use or follow the turtle method? Would you recommend it?
Thanks,
Brian
----- Original Message -----
From: "Al Venosa" <avcinci@xxxx>
To: <amibroker@xxxxxxxxxxxxxxx>
Sent: Monday, October 28, 2002 10:52 AM
Subject: [amibroker] Re: Oscillators are a fool's game
> The guys at the TurtleTrader.com site go even farther. They say that
> it's a waste of time to use ANY indicator other than price breakouts.
> I'm not saying I agree, but that's their view. They recently issued a
> challenge to anyone who can unequivocally prove that use of Elliot
> Wave is anything other than nonsense.
>
> Al V.
>
>
> --- In amibroker@xxxx, "Herman van den Bergen" <psytek@xxxx> wrote:
> > "Oscillators such as RSI, stochastics, Williams %R, etc. are all
> > designed to help people who are trying to pick tops and bottoms.
> > In my opinion, this is a fool's game." Van Tharp in "Trade your
> > way to financial freedom" (p219).
> >
> > How many fools do we have on this list?
> >
> > Herman
> > a fool :-)
> >
> > Ps. First reading done, tomorrow I'll study the good stuff:
> > Expectancy and PositionSizing.
>
>
>
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