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Hello Kent,
Monday, August 12, 2002, 2:56:22 PM, you wrote:
KR> The question made perfect sense to me. I would have understood a complaint
KR> about a system off the shelf being purchased and not making money, but an
KR> indicator...? Come on. Picks and shovels. Picks and shovels. Picks and
KR> shovels.
KR> Kent
KR> ----- Original Message -----
KR> From: "DH" <catapult@xxxxxxxxxxxxxxxxxx>
KR> To: "Clyde Lee" <clydelee@xxxxxxxxxx>
KR> Cc: "Omega List" <omega-list@xxxxxxxxxx>
KR> Sent: Monday, August 12, 2002 12:24 AM
KR> Subject: Re: Anyone had successfully create a good trading system using
KR> MarkJurik's Indicators?
>> and look who is asking!
KR> Okay, I should explain my somewhat cryptic "why." I was wondering if he
KR> purchased the indicators because he had identified a need and they
KR> filled it. OR, was it simply a purchase because it seemed like the thing
KR> to do, assuming he could just throw them on a chart and a profitable
KR> system would make itself apparent.
KR> Indicators are like tools. Buying the best tools in the world won't help
KR> you build a house if you don't know the basics of house building and
KR> what tools might be used for that job. You could go buy an imported
KR> precision metal lathe - a wonderful tool - but maybe you would be better
KR> served with a hammer and saw from Home Depot if you want to build some
KR> walls.
KR> Does he know what Mark's excellent indicators measure? Does he know
KR> which stock TS indicators do something similar? Does he know why Mark's
KR> are "better?" All basic questions that need to be answered before he can
KR> hope to "create a good trading system."
KR> --
KR> Dennis
I am still shoveling while wondering anyone manage to dig out
something valuable.
--
Best regards,
AceTrader mailto:tradersh@xxxxxxxxxxxx
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