Anybody use Bernard Mitchell's Strategy?

Discussion in 'Technical Analysis' started by egildone, May 10, 2002.

  1. egildone

    egildone

    I would like to know if anyone uses Bernard Mitchell's strategy on www.feargreed.com. It uses fib clusters and 89 period sma and ema.

    If any has had experience with it, I would appreciate your evaluation of it.

    Ed
     
  2. gary

    gary

    I took a look. Sorry, thought it was mostly hipe.
     
  3. I've been following it for a while now and I've got to agree with Gary.

    As far as the "fibonacci cluster" calculator it isn't anything you can't do on a chart if you really want to - but value is limited. I've tried it and there's nothing especially enlightening, it hasn't been as useful as other methods and certainly not worth the cost.

    Good luck.
     
  4. egildone

    egildone

    Thanks for the input. That was my opinion of his strategy. Took his "free" seminar which was nothing but an infomercial touting his software.

    I have gotten a lot of emails touting "holy grails" since I egistered with www.zacks.com . I thought they were a standup reputable firm, but they sold my email address to several people.

    Ed