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Re: Oscillators are a fool's game



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Well, be happy when somebody sells, it is the condition for you to 
buy. Just try to be on the right side and let him sell. He is 
probably a real fool.
DT
--- In amibroker@xxxx, "dingo" <dingo@xxxx> wrote:
> Who's the bigger fool: The guy trying to pick tops and bottoms or 
the
> guy trying to sell stuff to the guys trying to pick tops and 
bottoms and
> calling them "fools"?
> 
> dingo
> 
> -----Original Message-----
> From: Herman van den Bergen [mailto:psytek@x...] 
> Sent: Monday, October 28, 2002 11:01 PM
> To: Amibroker@xxxx Com
> Subject: [amibroker] Oscillators are a fool's game
> 
> 
> "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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