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Re: The Ross Hook and Babcock



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Babcock reviewed Ross's work several years ago, and his beef was that none
of Ross's methodology was backed up with mechanical testing reslults. As I
recall, BB contacted Ross and asked for documentation of his trading
success, ie copies of statements, etc, and Ross refused. That being said,
Ross's work is very common sensical, and my guess is that he is what he says
he is.

The hook is really just a breakout through a pivot point trend continuation
signal. You will occasionally see his books on ebay, and can pick one up a
little cheaper than retail. You can also get it through amazon and return it
if you don't think it's value will hold up.




----- Original Message -----
From: "Ron Augustine" <RonAug@xxxxxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Sunday, February 18, 2001 4:05 PM
Subject: Re: The Ross Hook


> Don't know anything about Ross or his work, but it might be worth pointing
> out that Babcock has been dead for three years and was in failing health
> for several years prior.  He also was not without controversy --
everything
> from selling stolen systems to publishing, promoting, and selling systems
> that simply didn't work (not that this minor infraction is uncommon  :)
> _______________________________________
> At 09:33 PM 02/18/2001 +0000, you wrote:
> >Bruce Babcock - the  critic's critic and LW calls him - has voiced a
> >reservation or two about his books.
> >
> >Any comments and opinions would be appreciated.
>