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RE: Bollinger Bands & Formula Monkeys



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Steve,

You forgot your disclaimer at the bottom of your post. :)  Aren't you afraid
the lurker (you know who) is going to jump in and reprimand you again.

If you want to find some descriptions applicable to him, check out:

http://www.winternet.com/~mikelr/flame01.html

I was hard-pressed to choose the correct one, since he falls into so many
categories.  Enjoy.

BTW, you did notice that we're now short with you again at 1496-1496.50 for
our few big ones and seven little ones?

Sorry about those other posts taking so long to get to you but for some
reason my mail sending function died for almost 2 days.

Regards,

Guy

Never be afraid to try something new. Remember, amateurs built the ark,
professionals built the Titanic.

-----Original Message-----
From: owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]On
Behalf Of John Manasco
Sent: Wednesday, August 09, 2000 9:56 AM
To: metastock@xxxxxxxxxxxxx
Subject: Re: Bollinger Bands & Formula Monkeys

And I don't want to catch you spanking it again either.

----- Original Message -----
From: "Steve Karnish" <kernish@xxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Wednesday, August 09, 2000 10:24 AM
Subject: Re: Bollinger Bands & Formula Monkeys


> I would never let you "pet my monkey"!
>
> Steve Karnish
> Cedar Creek Trading
> http://www.cedarcreektrading.com
> ----- Original Message -----
> From: Douglas C. Weber <dcweber@xxxxxxxx>
> To: MetaStock List <metastock@xxxxxxxxxxxxxxxxxx>
> Cc: MetaStock List <metastock@xxxxxxxxxxxxx>; MetaStock List
> <metastock-digest@xxxxxxxxxxxxxxxxxx>
> Sent: Wednesday, August 09, 2000 5:33 AM
> Subject: Bollinger Bands & Formula Monkeys
>
>
> > God if I see another question regarding Bollinger Band formulas I'm
going
> to
> > PUKE!  They are worthless for technical
> > trading.  Draw some support/resistance levels, a few trendlines, and an
> > oscillator (ie. stochastic) for overbought/oversold.
> > Along with volume spikes and news announcements, these are the only
tools
> > anyone needs.  I've never seen a "Formula
> > Monkey" who could make consistent money.
> >
> >
> > ______________________________________________
> > FREE Personalized Email at Mail.com
> > Sign up at http://www.mail.com/?sr=signup
> >
>
>