1. If it was a reliable "system" I would think you would have conceded that. Since you are emphatic and so are others that it fails the litmus  test  of back-testing it can not be called a reliable system.

2. There are others who claim that they make money with it by applying their judgement in addition to the rules.

Now why does someone say something? Whats their motive?  I couldn't care less. Evidence available suggests to me it is a method which some can implement succesfuly. Thats where the matter rests insofar as I am concerned.


Regards


R



On 10/28/06, Fred <[EMAIL PROTECTED] > wrote:
Again ... I don't find what you say to be particularly startling in and
of itself as it embodies discretionaty systems in general ... Not my
cup of tea but that doesn't make them any less viable ... What I find
odd is your statement coupled with a quote from a document written
about Woodies methods that was apparently okayed by Woodie.

--- In [email protected] , "Gerard Carey" <[EMAIL PROTECTED]>
wrote:
>
> Quite
> G
>
> The inference - irrespective of who says what Woodie's is not a
system
> that can be executed mechanically but a method that requires human
> input.
>
> R
>





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