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Strategies & Market Trends : Technical Analysis- Indicators & Systems
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To: gonzongo who wrote (2147)7/22/1997 11:41:00 PM
From: TechTrader42   of 3325
 
My colleagues in the control tower have become so intrigued by technical analysis that they are now spending their nights and days turning out formulas. Given the seriousness of the task, and, of course, the ultimate rewards, our supervisor is loathe to say anything. There have been some minor "anomalies" in the skies, of course, but nothing that couldn't be attributed in our reports to outmoded equipment. And during the first heady days of BNS, we simply rerouted most of Newark's planes through Buffalo. Quite frankly, few passengers even noticed a difference. One group of conventioneers even spent an entire weekend at a hotel in Buffalo, believing they were in New Jersey.

I no longer busy myself with the tiresome duties of air-traffic control or the laborious but ultimately fruitless task of technical analysis, I confess. I'm now studying Serbo-Croatian and rereading the classics during my work hours, to improve my mind.

As for your reworkings of the formula to suit IP, I'll try it out. I think you've found the same ultimate system that I discovered in the course of the BNS project: tailoring a fomula for past data. Now if H.G. Wells could only come up with the perfect trading vehicle for this system, one that moves back in time.
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