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DT,
PS ... I NEVER NEVER NEVER read the news or listen to the "talking
heads" regarding the economy, earnings, some blue sky venture or
anything else connected with some non quantifiable piece of data
related to what SHOULD happen. From my perspective it all winds up
in price and if it doesn't it isn't worth knowing about any way.
ALL fundamental data lags.
--- In amibroker@xxxxxxxxxxxxxxx, "Fred <fctonetti@xxxx>"
<fctonetti@xxxx> wrote:
> Dimitris,
>
> It's Greek to me ... and I suspect most other system traders as
> well ... I have no problem with the fact that a good part of what
you
> do is discretionary.
>
> As I stated earlier, it's NOT just a simple matter of running a
DEMA
> for one stock and using the results to trade another.
>
> Your "explanation" below seems to be clear evidence of this ...
>
> You continue to "wonder", I'll continue to trade mechanical proven
> results and hopefully we'll both do well.
>
> Nuff said ...
>
> --- In amibroker@xxxxxxxxxxxxxxx, "Dimitris Tsokakis"
<TSOKAKIS@xxxx>
> wrote:
> > Fred,
> > I will repeat some previous message for the last [and the most
> serious ] attempt for N100 to change its bearish profile.
> > It was point X, when the market reacted, higher than expected,
with
> the bunch of MeanRSIt curves.
> > This was signalling a possible hope to see an end to this era.
> > But, as you see the next months, the T1T2T3 line WAS NOT a
> substantial support, it was violated twice, at Y [testing]
> > and [the most serious] at Z and it is moving down to previous
[and
> usual] levels.
> > If the market [ever] change, this family of curves will forget to
> come below 50.
> > We shall be here to see that first and then change our [bearish]
> techniques.
> > I have 20 similar indications, converging to the same result, I
> could say they are enough but, it is a lie, I still search to verify
> > this basic "truth" from more points.
> > This MeanRSIt behavior at X gave me enough evidence not to sell
[as
> my D-ratio said] CSCO at 13, but continue Long and
> > discover [with real trading] the nice channel 13-15-13-15-13-? I
> have explained many times.
> > But, when I see curves coming back to the usual low levels, I
WILL
> NOT GO LONG AT $15, even if I read good CSCO news
> > like the one released today for the join venture with IBM. Did
you
> see any glorious +25% for this announcement ? Me neither.
> > We are not indicator victims, we are here to wonder every day if
we
> are right or wrong, the market is not a super-blind-system
> > and never will, as far as I know.
> > Dimitris Tsokakis
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