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Re: Money Flow Index



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In message <000801bdbbc4$69c8e6c0$0be8490c@xxxxxx>, Lionel
Issen <lissen@xxxxxxxxxxxxxxxx> writes
>Cab:
>About a year or 2 ago there was a discussion on this listserver about this
>book.  One person who had actually read Williams book thought that it was
>overpricedand not as readable as Richard Arms book on volume.
>
>Have you used Williams program?
>

I have used the program for the UK market and found it marginal at
best. Looking at the historical signals, it was showing a small profit,
mostly on a very few stocks. What I didn't realise when I was
carrying out this exercise was that the software backdated the signal
one or two days, which would have made a vast difference to the
model profitability.


>Lionel
>

-- 
Robert Wilcock