Letters To S&C  |  MAY 2001

Letters To S&C

CLARIFICATION, NOT CRITICISM Editor, I was shocked to learn that an S&C reader interpreted my letter to the editor in the February 2001 STOCKS & COMMODITIES (“Phasor Displays”) as a criticism of John Ehlers. I have so many faults that I have a personal rule never to criticize any person. My letter was an appeal for help, not a criticism. Ehlers’s articles show brilliance, but I’m frustrated because they go over my head. (Perhaps, as my wife reminds me, an idea goes in one of my ears and out the other — with nothing to stop it.) If I say that I don’t understand Einstein’s writings (and I don’t), this is certainly not a criticism of Einstein! ARTHUR MERRILL Haverford, PA We’ll admit that John Ehlers’s articles, such as “Phasor Displays” in the December 2000 S&C and “Nonlinear Ehlers Filters” in the April 2001 S&C, are innovative yet challenging. We appreciate the feedback we receive from you, Art, and our other readers. Note to readers: More than 50 articles by Arthur Merrill have been published over the years in Technical Analysis of STOCKS & COMMODITIES magazine. Merrill — modest though he is — has expertise in statistically quantifying technical analysis concepts; is the author of several books, including Behavior Of Prices On Wall Street and Filtered Waves, Basic Theory; and is former editor of the Technical Trends newsletter.—Editor

by Technical Analysis, Inc.