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Hi Trendline Monkey!
Formula monkeys try the same as you do! Unlike the traditional (trend-)line monkey they want to be able to validate their results and to free them from pure fantasy.
Bodo
*********** REPLY SEPARATOR ***********
On 09.08.00 at 08:33 Douglas C. Weber wrote:
> 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.
>
>
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