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Re: Fishback



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Yes I read, viewed and even created an excel spreadsheet on the ODD'S stuff.
I no longe use it  because the problem with the logic is that it assumes two
conditions.  One, that stock behaves in a log normal distribution and Two,
the mean remains constant and only the volatility changes.  Of course this
in not true on the real world.  Therefore, garrentee 90% success is not
true.  However if you watch the stk very closely and monitor the ODDS daily
you could win more than 50% of the time using the 90% ODDS

regards
johnnie
-----Original Message-----
From: Conrad Mackle <highfield@xxxxxxxxxxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: Friday, July 24, 1998 3:47 AM
Subject: Fishback


>Has anyone read Don Fishback's Book "Odds" + Video?
>Is it worth the money?
>
>Thanks
>
>Conrad
>