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Lenny,
Maybe a picture would prove your point. Could you send a gif of the trades?
J
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>To: metastock@xxxxxxxxxxxxx
>Subject: Re: Bollinger Bands & Formula Monkeys
>Date: Wed, 9 Aug 2000 11:00:26 EDT
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>Doug,
> First of all I witnessed Brooke make those trades using Bollinger
>Bands
>in real time. It pays, in more ways then one, to be open minded before
>making
>carte blanche statements such as the ones you have made. And second, you
>need to take a look at yourself in the mirror because it seems you've
>become
>a "Formula Monkey" yourself! And I quote "Draw some support/resistance
>levels, a few trendlines, and an oscillator (i.e. stochastic) for
>overbought/oversold." What the heck do you think stochastics are derived
>from? Thin air? By the way, love to see how great Oscillators work in a
>TRENDING market, you know sell when it crosses 80 while the stock is
>trending
>up, yikes!! - Lenny
>
>In a message dated 08/09/2000 6:38:42 AM Pacific Daylight Time,
>brookelise@xxxxxxxxxxxxxx writes:
>
><< I made a few bucks trading some tech stocks off the lower B band last
>week
> and this week, Doug (for example AMD, AMAT and CSCO). And what's more,
>the
> trades were based on a system that makes consistent profits. The signals
> were plain as day.
>
> -- A Formula Monkey
>
>
>
>
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