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Yes, Brian, I follow it (but don't use it, yet). See my post # 25940 for recommendations. I'm still learning it and testing it, so I'm not ready to trade yet. I'm also looking at other types of channel breakout systems, too.
Al Venosa
>From: "Brian Elijah"
>Reply-To: amibroker@xxxxxxxxxxxxxxx
>To:
>Subject: Re: [amibroker] Re: Oscillators are a fool's game
>Date: Mon, 28 Oct 2002 11:26:35 -0600
>
>Al,
>
>Do you use or follow the turtle method? Would you recommend it?
>
>Thanks,
>Brian
>
>----- Original Message -----
>From: "Al Venosa"
>To:
>Sent: Monday, October 28, 2002 10:52 AM
>Subject: [amibroker] Re: Oscillators are a fool's game
>
>
> > The guys at the TurtleTrader.com site go even farther. They say that
> > it's a waste of time to use ANY indicator other than price breakouts.
> > I'm not saying I agree, but that's their view. They recently issued a
> > challenge to anyone who can unequivocally prove that use of Elliot
> > Wave is anything other than nonsense.
> >
> > Al V.
> >
> >
> > --- In amibroker@xxxx, "Herman van den Bergen" wrote:
> > > "Oscillators such as RSI, stochastics, Williams %R, etc. are all
> > > designed to help people who are trying to pick tops and bottoms.
> > > In my opinion, this is a fool's game." Van Tharp in "Trade your
> > > way to financial freedom" (p219).
> > >
> > > How many fools do we have on this list?
> > >
> > > Herman
> > > a fool :-)
> > >
> > > Ps. First reading done, tomorrow I'll study the good stuff:
> > > Expectancy and PositionSizing.
> >
> >
> >
> > Post AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx
> > (Web page: http://groups.yahoo.com/group/amiquote/messages/)
> >
> > Check group FAQ at:
>http://groups.yahoo.com/group/amibroker/files/groupfaq.html
> >
> > Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
> >
> >
> >
> >
>
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