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Strategies & Market Trends : Technical Analysis- Indicators & Systems

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To: David Russell Coburn II who wrote (827)	4/23/1997 1:49:00 AM
From: Richard Estes	of 3325

All of my posts are to start people thinking. Yes I am sure if you trace back far enought I have tried to point it out. No the lists were straight compare runs. I didn't say what was best system. As you begin to see what elements can make up a good or a bad system, don't you feel sorry for those who haven't seen the light. They have never tested or reviewed the results. They don't know if they are looking at good or bad systems. Remember to look at individual trades. also the periods of time contained in a system. Say you dropped in a 200 day MA in a part of it, bam you don't have a signal for nearly 1st year of data. Now what if you had only two years in database. Now, I know you are aware but many haven't opened their eyes to this. What about when a great system on trending stocks does a bad or average job on ranging stocks? It is suppose to do that. of course, if RS>80 then you have trending going on . Glad it is sinking in. Now next week when someone comes on addressing these questions because they only look at last 24 hours, give them the answers.

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