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Re: mr_cassandra post# 2848

Sunday, 04/30/2006 12:26:40 PM

Sunday, April 30, 2006 12:26:40 PM

Post# of 17625
MVP

Agreed.

This system back tests better and offers more potential (in that it is not a “black box”) than anything (including the 500+ systems at Wealth Lab) I’ve seen in the many years I’ve been looking for a so-called “confluence” of indicators.

BTW: Kudos to you on your MVP system. I’m familiar with the indicators that you use that you have shared with the board. I also used them and I subscribe to DP and have for years. To be honest with you and with all due respect for your obvious success I’m having some trouble with your long call for Monday if it is an IT (2-5 weeks) call.

Unable to back test I’ve taken a list of the best (IMO) indicators and weighted them and then scored them in an attempt to remove the emotion and subjectivity. As you know so many on these boards list one-four indicators calling a view and conveniently ignoring the rest which are often suggesting just the opposite. To my way of thinking ultimately the only way to trade is to back test, scientific method you know.

BTW: Have you ever considered looking at public, odd lot and specialist short ratios along with market vane and the last hour indicator. These are a few that I’ve used in my own awkward subjective system.

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