Elroy! Y-O-U have embarrassed me MORE than Bradley Turns could e-v-e-r embarrass me! LOL!
"..."The Bradley Siderograph is a popular indicator many traders rely on, to get an overview of possible larger turning points in an upcoming trading year. It is known for it's inversions, so it's not so good in showing whether highs or lows are coming but more so ... when major highs and lows can be expected. So using other indicators in combination with the Bradley, could give useful clues about future larger tops and bottoms."...
I have followed Gann Angles (which this board knows... which helped us through EVERY turn in the Nasdaq during 2000-2002.) Nothing else nailed it & we knew at least 3 months in advance. I always posted it, waited to see if it was right, and 3 times traded before the date... knowing the direction of the turn... and preserved more capital in doing so than at any other time.
Bradley, however, is something built into computer models and, in so doing... can force a turn in the market that would otherwise be left to the stars. Therefore, it is worth watching. IMHO--> a strong Gann is, sometimes, worth trading. A Bradley? I just watch. It will take (as did Gann) 5+ yrs before I believe my pocketbook should ... or should not... respond.
There... all embarassment (earned or otherwise) has dissipated.
AI
