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Re: Bill Williams' Profitunity indicators

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<DIV>Hi Glen,</DIV>
<DIV>&nbsp;</DIV>
<DIV>I also tested the indicators for Bill's new book:</DIV>
<DIV>(click on book to go to Amazon)</DIV>
<DIV><A 
href="http://www.amazon.com/exec/obidos/ASIN/0471295418/o/qid=918569909/sr=2-1/002-5562221-8310228";><IMG 
align=baseline 
src="cid:001401be543a$5892bac0$97151cd8@xxxxxxxxx";></A>&nbsp;</DIV></DIV>
<DIV>&nbsp;</DIV>
<DIV>IMO, the book reads well and the concepts are sound...</DIV>
<DIV>However, after testing the system It's not the holy grail, in fact 
you</DIV>
<DIV>could use a Moving Average system with DMA's that will produce about</DIV>
<DIV>2X greater&nbsp;profit. I tested the Awesome Oscillator alone and 
combined</DIV>
<DIV>Awesome with the Acc/Dis on the test...</DIV>
<DIV>I'm not knocking the book, in fact it's a good book that will help many 
</DIV>
<DIV>new traders understand (or at best show them) what it takes to produce 
</DIV>
<DIV>a winning system.  The bottom line on Bill's new concepts...</DIV>
<DIV>They are profitable over a wide margin of stocks in database of all</DIV>
<DIV>NYSE, AMEX and NASDAQ stocks...</DIV>
<DIV>&nbsp;</DIV>
<DIV>Best Regards, Matt</DIV>
<DIV>&nbsp;</DIV>
<DIV>----- Original Message ----- 
<DIV>
<DIV>From: Glen Wallace &lt;<A 
href="mailto:gcwallace@xxxxxxxx";>gcwallace@xxxxxxxx</A>&gt;</DIV>
<DIV>To: &lt;<A 
href="mailto:metastock@xxxxxxxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxxxxxxx</A>&gt;</DIV>
<DIV>Sent: Monday, February 08, 1999 8:51 PM</DIV>
<DIV>Subject: Bill Williams' Profitunity indicators</DIV></DIV>
<DIV><BR></DIV>&gt;My first post here.&nbsp; I'm quite new to this listserver, 
so this is probably a<BR>&gt;&quot;been there, done that&quot; but 
......<BR>&gt;<BR>&gt;Is anyone interested in comparing notes on Bill Williams' 
Profitunity<BR>&gt;system?&nbsp; I wrote the Formula Language code for most of 
the New Trading<BR>&gt;Dimensions indicators and did some pretty extensive 
walk-forward testing of<BR>&gt;the fractal buy and sell signals.&nbsp; 
Interesting results and I think there is<BR>&gt;something there&nbsp; --&nbsp; 
maybe not the Holy Grail, but perhaps a nice, 
pewter<BR>&gt;grail.<BR>&gt;</DIV></BODY></HTML>
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