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<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>
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<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>> >Received: from
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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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