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Non-Tech : OmniTrader-Do you like it??? -- Ignore unavailable to you. Want to Upgrade?

To: Allan Corrado who wrote (326)	3/29/1999 4:34:00 PM
From: Flapdoodl	Respond to of 402

The Nirvana Club includes the ARM2 data-base that they claim hits over 70% of it's trades. The newsletter may not even exist anymore. I got it 2 or 3 years ago. The newsletter may now be a part of the website. I have not visited lately. I will have to check it out and see the hype behind the 4.0 release. To really make Omni-trader work, I think you have to start experimenting with the settings to come up with a trading model that fits your style. The default settings never seem to be the ones the people endorsing this thing use.

To: Allan Corrado who wrote (326)	3/30/1999 9:57:00 AM
From: Ken Adams	Read Replies (1) \| Respond to of 402

Allan, Even though I've given up on OT as a useful tool, I commend your tenacity to make it work for you. Over the several years I tried to use it profitably, I got their newsletters, bought the videos and even attended a weekend seminar. What I mostly got from all this was the decision that, for the most part, the default settings in the program were by far the wisest ones to go with at first. The material states that these were determined after a great deal of testing. Besides, OT alleges to "optimize" for each stock it looks at. You probably can't improve on that. My major problem with OT boiled down to "too much". I got hits that were so numerous that I couldn't see the value. I wasn't looking for it to spew out 2-3 sure things, but at least some consistency in what it presented for consideration. After several versions, hundreds of hours and thousands of dollars, it just wasn't forthcoming. Best of luck with your efforts, though. Ken