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Re: Opinions on "The New Science of TA"



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Brad wrote:
> I was left with the impression that I had discovered an entertaining
> although expensive sales brochure for $2000 worth of his indicators.

Agreed. He has some interesting ideas but I had a very hard time getting
past his ego trips and his deliberate obscuring of the "meat" of his
work. He would take the old saying "too many cooks spoil the broth" and
turn it into "a (TD)plethora of (TD)culinary specialists tend to
(TD)vitiate the liquid in which a variety of (TD)nutritional substances
are gently (TD)boiled."

> Any opinions on this book?  How about the indicators themselves?

Some people consider sequential useful. Personally, I think it's just
over-optimized pattern recognition.

When it's all said and done, the one really useful thing I got from the
book is the correct way to draw trendlines... start at the right side of
the chart and draw them to the left. (It would have been cheaper and
easier if someone had just told me that. :-)

-- 
   Dennis