[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: Bollinger Bands & Formula Monkeys



PureBytes Links

Trading Reference Links

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
>