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Technology Stocks : INTEL TRADER

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To: Trading Machine who wrote (9167)3/5/2001 9:24:43 AM
From: Jurgen Trautmann   of 11051
 
Well I'm glad the t/a can predict the future with such amazing clarity!!!

Paul, I like the way you're shitslinging here - that's really refreshing, that's keeping me happy.

About T/A.

First, I think there's no contradiction here, T/A is no possible technic for predicting - that was proven at so many universities that often, I think you all must have read that.

However, T/A do work as a kind of appointment then and only then when a significant part of active traders do use these points for interventions.

Here's the risk: As far as I know every known experiment where T/A-experts had the mission to beat the pure chance proved that f.e. apes (University of London?) or darts (WSJ?) were more successful.

A few days ago I looked into a boot about option-calculations: it was shocking. The last time that I saw that hard mathematics was when I heard "Electrodynamics" at the university. Of course I did that book back in the shelf.

My point: Why shouldn't a private investor be able to use any instrument like computers, mathematics, statistics automatisation or automatic information-validation even just similar good like a professional team in the 45th floor of every investment-bank?

Do you all really believe that your T/A are by the certain "tick" better, faster, cleverer than their's?

OK, but why you win?

Are you really winning "forever"? Let's judge that when the poker-party is over.

Me f.e. won enough during the second half of the 90ths for losing more than the life-income of a "normal person" last year - and guess I'm the only "professional" here, gambling with own money, living from investment-gains and having no other source of income.

What I want to say is that a winning strategy from yesterday can turn out to be catastrophical tomorrow.

One big "grip in the closet"...

Thats my soap box for a Monday, sorry to beat your ear off, and I'm not beating you up personally,, I think all of us on the thread respect too what Paul has to say.

CU

Jury
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