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FL

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Alias Born 03/20/2004

FL

Re: Ed Monton post# 1254

Wednesday, 10/05/2005 4:07:47 PM

Wednesday, October 05, 2005 4:07:47 PM

Post# of 2140
Such a plethora of lines! tradingfool's chart of Great Quest has so much extra, derived data on it, you can hardly see the actual price pattern among all the Bollinger Bands, various moving averages, dusty lines of dots, etc.

These derived values (unlike, say, the volume, or OBV) are all derived by computer formulae from the same price chart -- they may help with insight, but they contain no information that is not aready present in the price chart and hence available to the naked eye.

Looks like a braid of spaghetti. Do you actually know ways to exploit it all usefully?

FL



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