To: Richard Estes who wrote (10496 ) 6/3/1999 5:50:00 PM From: Christopher Read Replies (1) | Respond to of 12039
Richard, Since Gonzongo quoted TASC(Technical Analysis of Stocks & Commodities) magazine, I thought I would quoted myself. I have volume 15 which includes all issues for 1997. I looked up the index for the word "Oscillator". It has hit on pages: 55, 125, 306, 353, 423. On page 423 the title of the article is "The Relative Strength Index(RSI)". It was written by John Sweeney who actually works for TASC. On page 423 and under the heading "ONE OF A CLASS" and I quote the word CLASS, Sweeney opens his paragraph with the following statement: J. Welles Wilder's relative strength index is one of a class indicators know as "Oscillators". On page 353, Tom DeMark has written an article titled "The TD Range Expansion Index(TD REI). On page 355 and in big bold letters highlighted Tom say the following: In most trading range markets, oscillators work well. ... In the above statement the words "oscillators work well" assume that you know what oscillators are. I have been a subscriber of TASC for two years now and I have read many articles on oscillators. The definitions I gave you were taken from Elder's book "Trading for a Living". I also have a book called "trading with oscillators" written by Mark Etzkorn. He covers momentum, ROC, RSI,and Stochastic among other things. It seems that every one talks about oscillators including TASC, authors that write articles for TASC, Sweeny who works at TASC, Tom Demark, Mark Etzkorn, Elder, Murphy, Pring, and you are asking me to forget about them. This thread asks experianced people to share knowledge with everyone. If you do then it seems some people have problem with that. This is becoming a waste of time. Good luck everyone. Christopher