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To: wanna_bmw who wrote (54162)	9/7/2001 6:52:47 PM
From: TGPTNDR	Respond to of 275872

Wanna_bmw, Re: <The field of Technical Analysis requires much more complicated scenarios in order to predict data with any confidence.> KISS is the operational saying, IMO. OR In order to understand we must simplify as much as possable; but not too much. Once a method is publicised it's worthless. That's a general rule of trading. Victor Niederhoffer was one of the greatest speculators of the 20th Century. A trading rule he gave away on 8/23/01: We therefore looked at the first three moves that the market comes out of the chute with each week. We looked at all eight combinations of rises and falls in S&P 500 futures that can occur on Monday, Tuesday and Wednesday that occurred since June 1994. Next, we looked at what happens five days later. The results show that after a very bad start on Monday and Tuesday, with some improvement on Wednesday, the ride will tend to be smooth over the ensuing five trading days – with a 1 in 20 shot of that occurring by chance. Conversely, after a very good start on Monday and Tuesday with bad vibes on Wednesday, the ride tends to be unpleasant. He went on to elaborate, then put up his money. You can read the whole thing at moneycentral.msn.com Though you may have to promise to use hotmail. In this biz I believe in using what works. & if it works for me that's all I ask. It doesn't have to work for you! ;-) tgptndr