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Non-Tech : OmniTrader-Do you like it???

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To: Julius Wong who wrote (35)4/19/1997 1:01:00 PM
From: Tom Simpson   of 402
 
Julius,
Thanks much...I went for the subscription.

<This OT '3.0' is really an incomplete version of the 3.0, which will become '3.1'>
That's what I was afraid of. These guys like to peddle off whatever they are working on in January, whether it works or not. And the hype is so thick I can't see through it. Frankly, I don't like the way they do business.....although I did like some of the fundamental notions which drove the original product....still do.

<I do believe there is an upper limit on all black_box systems. We are
just not that smart yet.>
I agree wholeheartedly, further, if anyone is that smart, market dynamics are going eliminate any significant systematic mechanical advantage which can be distributed. I.E. the market will adapt its behavior to fit the new circumstance.

I'm not looking for the package to do my trading for me. I just want it to mechanically apply pre-defined procedures and organize the results as data so I can get at them. Somewhere they seem to have gotten off that track and into the black box business (and religious zeal). I keep hoping they will go back towards something more practically useful.

I'm not familiar with TC2000. Right now I get by with MS5.11, using Telescan for data. What does TC2000 do for you?

Best Regards....Tom
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