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The "squat" is just an isolated high or low, sometimes called a pivot.
Nothing to do with chaos theory in the least - just a way to hype up a very
expensive trading course by using fancy names. The rest of the stuff in
that course is of a similar character. Ditto for the software that he sells.
David Cicia
At 08:49 PM 12/13/98 -0700, Ramin Zahraie wrote:
>Dtrader wrote:
>>
>> does anyone on the list have any experience with the use
>> of "squat" bars, ala chaos theory, either alone or as part
>> of a system/method that they could share..?
>>
>
>Well Bill Williams in his book Trading Chaos has a reference to
>something he calls "squat". Is this what you are refering to?
>
>If so, I have to say that I fail to see what Williams' concept of
>"squat" has anything to do with Chaos theory.
>
>
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