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Strategies & Market Trends : TA-Quotes Plus

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To: sean sanders who wrote (8453)1/24/1999 11:49:00 PM
From: Richard Estes  Read Replies (1) of 11149
 
Ziz-zaz is has perfect hindsight but no foresight. You should not use it for a trading system. It shows a pretty picture by placing imaginary points on a chart at points where price reverses at a certain % and connects them. The last price can change the plot backwards in time to make it look good.

Forget you ever saw it.
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