|
PureBytes Links
Trading Reference Links
|
Price action in Enron was more than enough to tell one where Enron
was going or at least that one didn't wnat to be long in it way
before in serious price trouble. The fundamentals lagged in that
case simply because they weren't being accurately reported but in any
case fundamentals lag. One can certainly use general market prices
as an indicator of where the economy is going but it doesn't work the
other way around.
--- In amibroker@xxxxxxxxxxxxxxx, "Pal Anand" <palsanand@xxxx> wrote:
>
> Hi,
>
> I agree with what was said in another forum by another member, that
> if people had followed the proper fundamental criteria (inaddition
to
> technical criteria), they wouldn't have bought Enron and many other
> financial basket cases.
>
> rgds, Pal
>
> --- In amibroker@xxxxxxxxxxxxxxx, "Claude Caruana"
> <claudecaruana@xxxx> wrote:
> > Hi all,
> >
> > I am an Amibroker user for a few weeks now and I must say it is
> about to
> > turn my trading method 180%.
> >
> > I initially purchased Amibroker to be able to generate optimal
> signals for a
> > watchlist of around 100 stocks which I have selected for their
> fundumentals,
> > however I am finding that my results work much better and more
> consistently
> > on the entire stock universe (The 7000 tickers I have loaded in
my
> db) than
> > if I try running it on any watchlists containing less that 200
> tickers.
> >
> > I find that, in general, the most reliable entry signals occur
very
> > infrequently, and hence, signals are too few and far apart to
create
> > consistent results when the basis is my 100 stock watchlist. If I
> try to
> > "loosen the parameters" and get an optimal number of signals for
my
> 100
> > stocks, then the system will not be as reliable as the one
> with "tighter
> > parameters" scanning the entire stock universe.
> >
> > Before I ditch my fundumental approach (which quite franky has
yet
> to give
> > me positve results!) altogether and start using a technical-only
> system, I
> > would be very grateful if anybody could confirm whether my
> observation about
> > entry signals is normal, or whether I am missing something.
> Finally, are
> > there any of you out there who trade using technicals only?
> >
> > thanks for any feedback!
> >
> > Claude
------------------------ Yahoo! Groups Sponsor --------------------~-->
What would our lives be like without music, dance, and theater?
Donate or volunteer in the arts today at Network for Good!
http://us.click.yahoo.com/Tcy2bD/SOnJAA/cosFAA/GHeqlB/TM
--------------------------------------------------------------------~->
Check AmiBroker web page at:
http://www.amibroker.com/
Check group FAQ at: http://groups.yahoo.com/group/amibroker/files/groupfaq.html
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/amibroker/
<*> To unsubscribe from this group, send an email to:
amibroker-unsubscribe@xxxxxxxxxxxxxxx
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
|