RE: [RT] No Predictive Power, But....

["Richard Garvis" <rgarvis@xxxxxxxxxxxxxxxxx>]

Thanks 
for your offer,  I would appreciate that you send me the 
code.
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Thanks 
again,
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<FONT face=Arial color=#0000ff 
size=2>Richard Garvis
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  size=2>-----Original Message-----From: Ernie Bonugli 
  [mailto:ebonugli@xxxxxxxx]Sent: Sunday, February 16, 2003 9:44 
  PMTo: realtraders@xxxxxxxxxxxxxxxSubject: [RT] No 
  Predictive Power, But....List,Here's a couple 
  of items that might interest this board:In  terms  of  
  ~2  days swings, the channel indicator, showsthat  we  
  have  entered into an overbought situation or thatwe're  
  at  the  start of a steady uptrend. Secondly, the 
  bbcindicator  also  shows Overbought. The bbc attempts to 
  trackthose 1.5 to 2.5 day swings. The bbc range goes from ~6.0 to~-6.0 
  and it is currently sitting at an oversold level and Iam  
  waiting  for  it  to  turn  sometime on tuesday or 
  earlywednesday. The down turn may be weak, I cannot predict 
  this.A  bit  more  on  the  channel 
  indicator, it is based on theProbability  Channel  
  indicator  recently  posted by BobR. Imodified it to generate 
  channels on intra day charts. I usedthe  Hilbert Transform to make it 
  a bit more adaptive. Emailme    should   
  you   want   easylanguage   code   
  for   this"Probability/Hilbert channel" indicator.The 
  buy/sell signals are based on the bbc turns. Because bbcis  a  
  complex  piece  of  code,  I am not able to make 
  thisindicator/strategy available, but I can post its status 
  fromtime  to time as necessary. If the markets are swinging 
  thisis  an  OK  to  good indicator that help me get in 
  the rightframe of 
  mind.Regards,Ernieebonugli@xxxxxxxxTo 
  unsubscribe from this group, send an email 
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