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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Square_Dealings who wrote (11039)7/5/2001 6:56:37 PM
From: TechTrader42  Read Replies (2) | Respond to of 52237
 
I calculate them myself, Michael, based on my own formula, which is fairly simple. For the time being, it's proprietary, while I determine whether it's useful or not. If it isn't useful over the long term, there isn't much reason to share it, and add to all the other useless TA indicators. (Many TA indicators are useful, I find, but many seem to be of questionable value, particularly during a volatile bear market.) I've been using the complacency formula for only a short time. We shall see whether it has any value. The best test is to see whether it can survive when the market's under water (the drowned rat test). So many of my indicators failed to survive that test.