Blau's indicators

["Walter Lake" <wlake@xxxxxxxxx>]

Hi Randy

Thanks for your appreciation.

Just a short note of caution for those traders who are using or planning to
use oscillators in their trading.

I would encourage you to read Mark Etzkorn's articles or book "Trading With
Oscillators". His book covers oscillators, including the "new and improved"
versions such as Bill Blau's and Cynthia Kase's. Despite the improvements,
real concerns and cautions still exist.

For those planning to use oscillators, including MACD, as the core of their
trading system, you might want to read LeBeau and Lucas' book "Computer
Analysis of the Futures Markets" (1992) and Colby and Meyers' book "The
Encyclopedia of Technical Market Indicators" (1988) in addition to Mr.
Etzkorn's book.

Best regards to all.

Walter