They can be used... but careful if the index is a single colon!
Let's define
>> x = 10:10:2000;
Indexing with 'a' produces the 97-th element of x, as expected:
>> x('a')
ans =
970
However, indexing with ':' is a special case. The string ':' acts as a : index, thus producing a column vector of all values of x. That is, x(':') is the same as x(:):
>> x(':')
ans =
10
20
30
...
1990
2000
This means that the index ':' is being evaluated (x(':') acts like x(:)), whereas other character arrays used as indices are not evaluated (x('a') doesn't act like x(a)):
>> a = 1;
>> x('a')
ans =
970
This also implies that with ':', converting to a numeric type before indexing does matter, unlike with other characters used as indices:
>> x(double('abc'))
ans =
970 980 990
>> x('abc')
ans =
970 980 990
>> x(double(':'))
ans =
580
>> x(':')
ans =
10
20
30
...
1990
2000
The "evaluated" behaviour of ':' used as index was already known. What's surprising is the contrast with other characters or character arrays used as indices (which are not evaluated).
The examples have used a single dimension for simplicity, but the described behaviour also applies to multidimensional indexing. The same behaviour is observed in Octave too.