Re: [RT] ODDBALL - what is the best filter?

["BobR" <bobrabcd@xxxxxxxxxxxxx>]

Well said, Sir Clyde.
 
bobr
 
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  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  Clyde Lee 
  
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Thursday, November 08, 2001 8:51 
  AM
  Subject: Re: [RT] ODDBALL - what is the 
  best filter?
  
  I believe what you said:
  only taking signal in the direction of 
  trend;
   
  and:<FONT 
  face="Courier New">not to miss any valid signal at top/bottom when market is 
  fully extend itself and about to reverse;
   
  are basically mutually exclusive.
   
  If you use a trend follower, then to not miss 
  the bottom/top
  turns you will have to use a much shorter ROC or momentum
  indicator to turn the "trend" following off and if you are not
  real careful about this you will be back into whipsaws.
   
  Clyde
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    ----- Original Message ----- 
    <DIV 
    style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
    <A title=mycatuity@xxxxxxxxx 
    href="mailto:mycatuity@xxxxxxxxx";>mycatuity@xxxxxxxxx 
    To: <A 
    title=realtraders@xxxxxxxxxxxxxxx 
    href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx 
    
    Sent: Thursday, November 08, 2001 10:41 
    AM
    Subject: [RT] ODDBALL - what is the 
    best filter?
    Hi, allwhat in your opinion is the best filter 
    for Oddball to accomplish the following:avoiding being whipsawed 
    during strong trending market, only taking signal in the direction of 
    trend;not to miss any valid signal at top/bottom when market is 
    fully extend itself and about to reverse;can this really be 
    done? cheersJasonTo 
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