Replies to post #20341 on T/A ETF AND INDEX

[POKERSAM]

capt - I got it. heh heh You make it pretty clear what you don't believe in. I would like to better understand what you do believe in.

Here are a few questions I would like for you to answer.

1. What time frame does your system work best with?

2. Do you give any credence at all to the use of patterns such as Slim Jim, Rising and Falling Wedges, Head and Shoulders, Cup and Handles. etc.?

3. Do you think overbought or oversold indicators are indicative of anything and are of any value? Do you pay any attention to divergence between indicators and price movement?

4. Do you ever use trend lines or support and resistance lines as an aid in determining future market fluctuation?

5. Is your system for forecasting based on statistical probabilities?

6. Do the rules of your "rule based system" suggest that you buy or sell when certain criteria are met? Have you done extensive back testing to arrive at these rules?

I see no reason why any one who uses TA would be hesitant to answer these questions. Quit the contrary I think most would be excited about the opportunity. I think it will certainly add value to our TA board to know what your answers might be.

You know capt, you have never given us any TA help that I can remember. Maybe you have but I just don't remember. I'll give you the benefit of the doubt and say it is just my bad memory. I hear that you have a system but I don't hear you telling us anything about it.