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At 11:47 PM 8/17/98 -0500, you wrote:
>There is no mystical or trading virtue to using or not
>displaced moving averages.
>
>Lionel
Hi,
I'd say that applies to all indicators, they are mere
mathematical formulas. Most often, *how* they
are used is more important than *whether* they are used.
After several years of studying a gazillion indicators
I realized there is no mystical indicator, they all have
strengths and weaknesses. Only if you understand these attributes
can you begin to use them profitably. Following indicators blindly
is unlikely to work for most traders.
-Neal.
---
DiNapoli Fibonacci techniques -
http://www.fibtrader.com
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