SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Dow Jones Futures -- A free paper trading service -- Ignore unavailable to you. Want to Upgrade?


To: fut_trade who wrote (268)3/14/2000 9:10:00 AM
From: Patrick Slevin  Respond to of 797
 
I do not think a lot of people will ever use it,

Firstly because it's rather arcane. Sloman developed it based on Lunar Cycles.

Secondly because it's quite a bit of work. Also, like almost all forms of technical/pattern/cycle analysis it's subject to interpretation.

Finally we don't do it the way Wilder presents it. It's similar only in that it's based on the same 4-day cycle with it's attendant turning points. Aside from that the determination is very different.

I started using it around 1984 and dumped it. I did not go back to it until perhaps 5 years ago, it's just not an easy system to accept. It's not easy for a lot of people to accept Elliott Wave for example. That also requires a lot of work, I believe. More people know how to use that than Delta and still it's cannot be an overwhelming number I do not imagine.