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Strategies & Market Trends : Classic TA Workplace

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To: velociraptor_ who wrote (50998)8/22/2002 1:33:31 PM
From: The Freep  Read Replies (2) of 209892
 
Thanks, Velo.

As to the MACD oscillator index, I would be willing to wager that prior to those 500 days of data you have, it gave the same reading as now and DIDN'T lead to a 40% selloff. I have no facts to back me up, other than the fact that there are damn few 40% selloffs in general. However, in the same way that the ARMS readings that bears loved to deride over the last 18 months worked perfectly prior to the last 18 months, I'd be willing to bet there are no indicators that bat 100%. Other, of course, than the Freepish Contra Indicator.

the freep
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