Re: OddBall as a market timing tool

["David Folster" <mr_bond@xxxxxxxxx>]

Bill,

I found TIKI had some value as a daytrading technique if you used it as an
oversold measure in a rising market and vice versa for a falling market.
i.e. If 5 minute SP > than 25 period MA and tiki = -20 or less, buy.  Didn't
define an exit technique but one possibility would be exit when you have a
profit and the majority of a 5 minute tiki bar is < 0.  Possibly adding my
OB DB as a filter for longs/shorts would work better.

Any comments?

David

> Raschke, Conners, Schwartz all talk about tick and tiki methodologies
> in recent books..... (IMHO a complete waste of time...the tiki systems
that
> is). Ned Davis and many others have been doing breadth (i.e.
> A/D) research for decades.