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Re: omega-digest Digest V98 #168



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I have never heard of Scalper or R-4. Where are these available. Free or
fee?

Neil Harrington

-----Original Message-----
From: Michael Bissonnette <michael-mbt@xxxxxxxxxxxx>
To: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>;
ssukhani@xxxxxxxxxxxxxxxxxxxx <ssukhani@xxxxxxxxxxxxxxxxxxxx>
Date: Friday, March 27, 1998 12:24 PM
Subject: Re: omega-digest Digest V98 #168


>Sudarshan
>
>I find Cycle Trader effective in combination with other OB/OS indicators
>such as  "Scalper" and Yon Arrps "R-4" indicator very effective for
>catching market turns. At least for intra-day S&P trading. One can get
>hurt in strong trending markets unless you have clear rules and avoid
>the temptation of trying to call the top or bottom against a strong
>trend. Best to catch the first pull back under extreme trend conditions.
>
>I am curious for those who trade the S&P intra-day that are looking to
>catch market turns, what other techniques or indicators are used for
>both catching the turns and keeping out of stealth trends. (Trends that
>have not yet confirmed themselves to be strong)
>
>Michael Bissonnette
>