Ballard Power -world leader zero-emission PEM fuel cells Message Board

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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells

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10:27 AM EST

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To: David E. Smith who wrote (2839)	6/26/1998 11:42:00 AM
From: marketbrief.com	Read Replies (1) of 5827

I am not a systems trader at all, so I'll have to get our math wiz to get back to you on this one. I think the main reason why systems fail is that it still takes a human to determine trading range and trend. In a trend, the trend following indicators work well. In a trading range the oscillators work well. I don't think there is much argument there from anybody, not even me. So if someone could devise a way to differentiate a trend from chop using a computer, particularly the part where they originate, they would do well for themselves. There are several companies out there that have some sort of "consensus" indicator which take the balance of evidence between trend following and oscillator methods, but if it worked, the inventors wouldn't have to sell it to the public and would simply get rich using it to trade. It might take a few days to get back on your original question, but I promise we will get back to you on this one.

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