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One person's meat is another person's poison.
Lionel Issen
lissen@xxxxxxxxx
----- Original Message -----
From: Brooke <brookelise@xxxxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Wednesday, August 09, 2000 8:30 AM
Subject: Re: Bollinger Bands & Formula Monkeys
> 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
>
>
> ----- 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 8:33 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
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> >
>
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