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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Slevin who wrote (42899)	12/28/2000 8:45:27 AM
From: SE	Read Replies (3) \| Respond to of 44573

Patrick, Found this while surfing this am for some delta info. You see this before? -Scott moneytide.com moneytide.com DELTA / RON PRINCE -------------------------------------------------------------------------------- Question Do you have any affiliation with Ron Prince? He has an article of yours posted on his website. Look at the "History" section. His claim seems hard to believe: 90% accuracy of telling exact time of intra-day hi/low and points movement for S&P 500 futures using planetary aspect trading system. Just wondering. -------------------------------------------------------------------------------- Answer: I have no relationship or involvement with Ron Prince. He quotes an article of mine published in Trader's World. I cannot comment on his accuracy claim. I believe he is using his own version of Wilder's 4 day Delta pattern. My MoonTide accuracy is available from the link on my home page. -------------------------------------------------------------------------------- Question I am studying Wells Wilder's Delta system of trading. According to this system inversions only occur just before or after the 1 delta point. Since inversions provide the unpredictable part of your approach, would incorporating this fact into your prediction programs like the Moon Tide program help to increase the accuracy of the program? -------------------------------------------------------------------------------- Answer: Delta's claim about inversions is incorrect. In fact, the Delta turning points are derived by an ad hoc eyeball approach which is quite inaccurate. I have taught three Delta directors my Master's Course and all of them have told me my work was superior. Delta is based on lunar cycles but attempts to oversimplify a very complex system. My Astro Dow Points are correctly derived versions of the Dow's Delta Points. In the same time frame that Wilder finds ten points, I find fourteen. It's a reasonable good statistical approach, but one has to develop the turning points based upon an understanding of why they are there. I teach this in my Master's Course. -------------------------------------------------------------------------------- Question Do MoonTides work in conjunction with Welles Wilder's Delta system? -------------------------------------------------------------------------------- Answer: No. while the premise behind Delta is partially valid, the Delta points are derived by eyeball, not by mathmatics. So they are not that good. Welles does a good job of marketing Delta. -------------------------------------------------------------------------------- Question Do you use the Delta phenomenon, by Wells Wilder to help in your decisions? The planets would be ???( sun, moon,earth or mercury,venus). -------------------------------------------------------------------------------- Answer: While I use planets, I do not use Delta. I cracked Delta from Welle's second brochure. I found he used Moon and Earth, but in the S&P, where he got 10 turning points, I found 14. The calendar on my newsletter has my Astro Dow days. They are like Delta, but better. The important thing is to understand why those points show up. That's taught in my Master Course. When I talked to Welles about Delta, he told me that it did not use planets. That was a lie unless you don't count the Moon and the Earth as planets. So I didn't pay the $35,000 to become a Director. I have taught three Delta Directors my Master Course. They told me I had far better stuff. I just work on improving my own knowledge, bit by bit. This is a very complex system with 22 overlapping electric fields. The Delta approach tells you where the haystacks are. I am after the needles.