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Dummy question - what exactly is a non-correlated indictor. Could you give an example and show why ?
This would help me a lot
thanks
Peter
-----Original Message-----
From: Samuel K. Tennis [SMTP:skt@xxxxxxxx]
Sent: Friday, August 28, 1998 6:30 AM
To: thenoz@xxxxxxxxxxxx; omega-list@xxxxxxxxxx
Subject: Re: Don't You Wish
T. DeMark "trades" with three OR MORE non-correlated indicators on the
screen. He waits for multiple confirmation of signals.
I mention this because when he lectures, and I had the opportunity to help
/ aide / assist him in about a dozen presentations, it is my belief that
most people, at least figuratively, turn the page when he starts explaining
another study. he can only cover so much in an hour or three and he feels
the studies themselves are worth explaining.
This may not seem relevant. I apologize. The kernel is "Use
non-correlated indicators". There, I said it.
Samuel
At 10:09 PM 08/26/98 -0700, you wrote:
>I know that it's my problem, but I get the Omega-Digest. This means that
I don't have the luxury of deleting individual messages. Would it
>
<< Snip... >>
>
>For reading this message, I will pass on a pearl of wisdom. Price action
indicators(a la DeMark) combined with Oscillators(stochastic, rsi, etc...)
make for a good system. This comes from 22 years at the CBOE and CBOT.
>Thad
>Sorry to bitch, but it's late and I have to get up early.
>
Samuel K. Tennis, VISTA Research and Trading, Inc.
8103 Camino Real C-409 voice: 1(305) 273-1321
S. Miami, FL 33143 fax: 1(305) 273-9164
skt@xxxxxxxx http://www.gate.net/~skt
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