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Mr. Maas wrote:
"Attached is a better "as example" giving screenshot of the misleading and
most offensive Raff floating trend channels.
As you can well see these channels will cost a fortune when
taken seriuosly.
They ARE RECALCULATED EACH and EVERY DAY and as such are HYPER
ACTIVE and dynamical and are basicaly moving averaged double
regressioning "trend"(?????) channels and not the Support & Resistance
Trend Channels created by calculating Linear Regression.
>From their daily level-changing change as such their DAILY possible TARGET
and are in technical analysis of no use/value.
Also from their floating in a chart, not even lines to be taken seriously,
not at all to
be ever considered and used as Support and Resistance lines on wich exact
trade
decissions can be made."
Al Taglavore responds: Mr. Mass, could it be that YOU are not well versed
in the use of this tool?
I notice in Nov issue of TASAC an excellent article on use of the Raff
Regression Channel. If this channel tool has "...no use/value", does it
not seem strange to you that MetaStock, Omega, and many, many
software packages have Mr. Raff's channel included? Think about that,
Mr.Mass, MetaStock distributing
a product that has "...no use/value". Perhaps MetaStock will consult with
you in ver 7 as to what tools YOU deem worthy. Do you trade, Mr. Mass?
Invest? Do anything other than write so MUCH negative criticism?
Again, quoting Mr. Maas "....Since I do not like to mess around with facts
and confirmation given+provided to me....." You have said it beautiful,
Mr. Maas: you do not like to mess around with facts.
Al Taglavore
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