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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Casaubon who wrote (61133)	10/21/2000 11:32:03 AM
From: bobby is sleepless in seattle	Read Replies (1) \| Respond to of 99985

not to mention the cutting of the decks are deep, thus minimizing the probabilities of the counter even more... hence, one might think the pros will seek single/dble decks games to even the playing field... Wall Street recognizes that card counters are in abundance, and so it goes the house continues to look for ways to flatten the bell curve once more.

To: Casaubon who wrote (61133)	10/21/2000 4:51:46 PM
From: maceng2	Respond to of 99985

Casaubon, re I see trading in a similar vain. Look to take advantage of statistically favorable set-ups. Hmmmmm... . For a moment I thought I had picked a bad example in the gambling biz. But on second thoughts NNOOO. So, some knowledgeable guy comes up with a way to win with blackjack. What happens?.... The Casino bosses see losses on the blackjack tables. They make a NEW RULE. No card counting allowed. If you start winning too much you are shown the door. Now of course that can't happen on the stock market -g-. For a start, if you have some dumb idea that companies with a low P/E and show sustained huge profits are a good investment..well think again. Time should tell though Horrifically simple in my view. It's a game I am willing to play. rgds, pearly.