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<DIV><FONT size=2>Brooke,</FONT></DIV>
<DIV><FONT size=2> Good point! I had
a nice chuckle with the common sense questions you asked.</FONT></DIV>
<DIV><FONT size=2>Adam</FONT></DIV>
<BLOCKQUOTE dir=ltr
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
<A title=brookelise@xxxxxxxxxxxxxx
href="mailto:brookelise@xxxxxxxxxxxxxx";>Brooke</A> </DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A title=metastock@xxxxxxxxxxxxx
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> Wednesday, August 09, 2000 4:16
PM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> Re: Bollinger Bands &
Formula Monkeys</DIV>
<DIV><BR></DIV>
<DIV><FONT size=2>This has changed into the most peculiar list in some
respects. </FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>If anyone has the temerity to say that any TA system or
formula just might be useful in making money, there's a howl of
pshaws by a mob of skeptics. One wonders what the heck the skeptics are doing
with Metastock, if not using it to develop formulas and
systems. </FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>What could they be doing with Metastock? </FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>1. Making colorful tablemats during crafts hour at the group
home?</FONT></DIV>
<DIV><FONT size=2>2. Staring at charts to relax the mind at the ashram,
while chanting "I look only at moving averages," "I look only
at moving averages," "I look only at moving averages"?</FONT></DIV>
<DIV><FONT size=2>3. Gathering extensive evidence to debunk the reviled
oscillators on mail lists?</FONT></DIV>
<DIV><FONT size=2>4. Staring at price and volume, cuz all that formula
stuff don't make no sense, no never mind, and no money?</FONT></DIV>
<DIV><FONT size=2>5. Coloring price bars magenta, purple and
blue?</FONT></DIV>
<DIV><FONT size=2>6. Trying to play Metastock CD over and over again in music
CD player, on the mistaken impression that Achelis is a rock group.
</FONT></DIV>
<DIV><FONT size=2>7. Feeding that nasty TA software habit?</FONT></DIV>
<DIV> </DIV>
<DIV> </DIV>
<DIV><FONT size=2>What, pray tell? Whatchoo doin' with it? If it's something
clean and wholesome, let us know. Let Metastock know. Maybe it could be
marketed for other uses. </FONT></DIV>
<DIV> </DIV>
<DIV> </DIV>
<DIV><FONT size=2>2. </FONT>----- Original Message ----- </DIV>
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
<A title=brookelise@xxxxxxxxxxxxxx
href="mailto:brookelise@xxxxxxxxxxxxxx";>Brooke</A> </DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A title=metastock@xxxxxxxxxxxxx
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> Wednesday, August 09, 2000 4:00
PM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> Re: Bollinger Bands &
Formula Monkeys</DIV>
<DIV><BR></DIV>
<DIV><FONT size=2>iseed:</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>With the daily interval for AMAT, for example, the Boll.
band system was consistently profitable for a period of 2 years. In fact,
there wasn't one losing long trade, and that's with no stops. There were two
losing short trades, and yet even the short trades as a whole netted a
profit. I can think of worse systems. </FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>Here's the latest entry signal, at the lower B band
(yellow). There's a percentage formula for getting in, but it's proprietary,
as it were. See that beautiful bounce? That comes from buying at the lower
band. Yes indeedy. Don't work was made to work, I guess. </FONT></DIV>
<DIV> </DIV>
<DIV><IMG alt="" hspace=0 src="cid:003901c00267$2545eac0$e4641ece@xxxxxx";
align=baseline border=0></DIV>
<DIV> </DIV>
<DIV> </DIV>
<DIV><FONT size=2>----- Original Message ----- </FONT>
<DIV><FONT size=2>From: j seed <<A
href="mailto:jseed_10@xxxxxxxxxxx";>jseed_10@xxxxxxxxxxx</A>></FONT></DIV>
<DIV><FONT size=2>To: <<A
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A>></FONT></DIV>
<DIV><FONT size=2>Sent: Wednesday, August 09, 2000 3:38 PM</FONT></DIV>
<DIV><FONT size=2>Subject: Re: Bollinger Bands & Formula
Monkeys</FONT></DIV></DIV>
<DIV><BR></DIV><FONT size=2>> Lenny,<BR>> Maybe a picture would prove
your point. Could you send a gif of the trades?<BR>> J<BR>> <BR>>
>From: ROSOW@xxxxxxx<BR>>
>Reply-To: <A
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A><BR>>
>To: <A
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A><BR>>
>Subject: Re: Bollinger Bands & Formula Monkeys<BR>> >Date:
Wed, 9 Aug 2000 11:00:26 EDT<BR>> >MIME-Version: 1.0<BR>>
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>Precedence: bulk<BR>> ><BR>> >Doug,<BR>>
> First of all I witnessed Brooke make those
trades using Bollinger <BR>> >Bands<BR>> >in real time. It pays,
in more ways then one, to be open minded before <BR>> >making<BR>>
>carte blanche statements such as the ones you have made. And
second, you<BR>> >need to take a look at yourself in the mirror
because it seems you've <BR>> >become<BR>> >a "Formula Monkey"
yourself! And I quote "Draw some support/resistance<BR>>
>levels, a few trendlines, and an oscillator (i.e. stochastic)
for<BR>> >overbought/oversold." What the heck do you think
stochastics are derived<BR>> >from? Thin air? By the way, love
to see how great Oscillators work in a<BR>> >TRENDING market, you know
sell when it crosses 80 while the stock is <BR>> >trending<BR>>
>up, yikes!! - Lenny<BR>> ><BR>> >In a message dated
08/09/2000 6:38:42 AM Pacific Daylight Time,<BR>> ><A
href="mailto:brookelise@xxxxxxxxxxxxxx";>brookelise@xxxxxxxxxxxxxx</A>
writes:<BR>> ><BR>> ><< I made a few bucks trading some
tech stocks off the lower B band last <BR>> >week<BR>> >
and this week, Doug (for example AMD, AMAT and CSCO). And what's more,
<BR>> >the<BR>> > trades were based on a system that makes
consistent profits. The signals<BR>> > were plain as
day.<BR>> ><BR>> > -- A Formula Monkey<BR>>
><BR>> ><BR>> ><BR>> ><BR>> <BR>>
________________________________________________________________________<BR>>
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