I think the answer here is that there's many ways to skin a cat or find a low or trade a market. There's reams of evidence here that MC looked at charts and was bullish at the lows. Charts and ideas were posted, even. It's all here, archived. But I don't think any of us would claim that one method is THE BEST for everyone, merely the best for the person who uses it. Frankly, we'd all agree that if the late lamented freepdog's incontinence was timed with market moves, then I shoulda used that as well as anything. Woulda been entertaining, too.
I happen to like sentiment stuff, but find it's more mercurial, comes from so many different sources that it can be hard to smooth out (for me) and it's harder to use for, say, stops and the like. As you've said, you combine lots of things to optimize trading. A lot of people, however, say that optimized combination already exists in the chart... and they've traded well accordingly. Who's to say, as it's unprovable?
Whatever gets ya an edge is the best system, imo. |
