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Strategies & Market Trends : Technical Analysis- Indicators & Systems

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To: Webb B Blackman Jr who wrote (2249)	7/28/1997 10:19:00 PM
From: TechTrader42	of 3325

Webb: I've found it useful to confirm buy signals with the components of BNS, though, when I'm using the steps in Dave's suggested system (DNNS). That's because it has a few extras such as CCI, and also, I think, because the components of BNS tend to turn quickly, as Bill Sandusky has discovered. That's the beauty of BNS: how quickly the indicators turn, anticipating others. Both the BNS and DNNS binary systems seem to pinpoint tops and bottoms, but the DNNS system gives fewer signals and seems to generate better profits, probably because it involves so many careful steps before buying. Perhaps BNS is really designed as a shorter-term system, and one that can be applied in day trading. Andy: You might wanna check out the DNNS system. It's doing well in preliminary unscientific newbie tests. I don't know if it accurately reflects what Dave said at the convention (maybe not), but it might have promise, particulary if you subject it to your scrutiny and suggest improvements). I'm gonna post the whole thing at: members.aol.com

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