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Pastimes : CHEERS TO CHARLES DOW

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To: Eddy Blinker who wrote (72)5/16/2002 1:55:29 AM
From: MechanicalMethod  Read Replies (1) of 148
 
It looks like it's showing a profit. Nice trading. I don't care for Kalman though. He may be a math wiz but my experience is his techniques applied to the market cheat by looking ahead a variable number of bars and then changing the historical signal line. Yes it adds considerable smoothing but I've never understood the value since it's after the fact smoothing. When the look ahead variable is set to zero then the signal line loses all it's advantage. Just my personal experience and I know someone who I have great respect for that disagrees with me about Kalman so maybe I haven't spent enough time on it.

I like the format of your trading page. Bet n dollars for a chance to win N dollars. Probability seems to be your strong point. If the posted results are a true reflection of what you can do on a typical day then congratulations you've figured out what many who've gone before you have failed at.

Regards, MM
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