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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: bill meehan who wrote (75282)2/5/2000 6:49:00 PM
From: Skeeter Bug  Read Replies (1) | Respond to of 132070
 
bill, just a thought. the whole point is to get an advantage over others (handicapping, investing, business). once everyone is using the same tools, what advantage does one get from the technology? sure, the providers make a bundle...



To: bill meehan who wrote (75282)2/6/2000 9:58:00 AM
From: Freedom Fighter  Read Replies (1) | Respond to of 132070
 
Bill,

>>However, using the market and handicapping (very similar in many ways) isn't the best way to prove your point. Both require much more than simple logic and chains of yes/no questions to arrive at consistently accurate conclusions, especially within self correcting systems.<<

That wasn't my point of course. In the track's case, if it was easy it wouldn't have taken me so long to be able to win on a fairly consistent basis. The thing that slowed me down was my assumption that in order to get an edge I needed more and better information than the average serious player. Inevitably that lead me to increasing complexity in terms of the individual factors and trying to put it all together. Somewhere along the line that approach blew a fuse. When I went back to the fundamentals of speed, pace, class, trip, distance etc... in the form that most players have available to them with just a little research or work, I started seeing clearly again. The key was not in finding the best horse using more sophisticated information. The key was in identifying which horse's odds were out of line using the information that was available to almost everyone.

Wayne



To: bill meehan who wrote (75282)2/9/2000 11:40:00 PM
From: John Pitera  Read Replies (1) | Respond to of 132070
 
THE DAILY NASD CHART FROM 1-1-87 TO 2-9-00 W/ 200 dma updates.

geocities.com

yes it's true we were 4 standard deviations above the 200 day moving average on the NASD, and were 46.69%
above the 200 dma on tuesday night as well.

I believe This is the highest % above the 200 dma
that we have ever been.

geocities.com

this is a log-scale chart so it should make us feel a bit better -g-

John