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Perhaps I will revisit this later this month when I can get some TIKI data,
or if anyone feels like sending it to me...
David
> David:
>
> My take is the ticki is generally too noisy, while in
> strong trends it may not get to some arbitrary point
> (say -20) and you miss the move. But hey, if someone
> has a ticki system that beats the basic OB, or whatever,
> please post the results.
>
> Perhaps my comment "a complete waste of time" is too
> harsh, but I think there are better places to look.
>
> BW
>
>
> >From: "David Folster" <mr_bond@xxxxxxxxx>
> >To: "Bill Wynne" <tradewynne@xxxxxxxxxxx>, <softexcl@xxxxxxx>,
> ><ebonugli@xxxxxxxx>, <omega-list@xxxxxxxxxx>
> >CC: <rfurse@xxxxxxxxxxxx>
> >Subject: Re: OddBall as a market timing tool
> >Date: Thu, 21 Feb 2002 10:28:01 -0800
> >
> >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.
> >
> >
>
>
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