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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (7721)5/24/2008 5:11:34 PM
From: Real Man  Read Replies (2) | Respond to of 71454
 
Gann/Elliott stuff is still extremely popular among pro
traders, and Gann was into this Astrology stuff.
His son claimed Gann died broke, and made all his money
selling his trading courses. -g-
Quants who use scientific stochastic models for
probabilities tend to win consistently, though. -g-

en.wikipedia.org



To: LTK007 who wrote (7721)5/24/2008 5:12:33 PM
From: Giordano Bruno  Read Replies (1) | Respond to of 71454
 
So planetary TA is out then.
Tell it to the Bank of England and investment houses across the fruited plains. -g-
BTW, that stuff is pretty easy to back test.
Think about it.



To: LTK007 who wrote (7721)5/25/2008 5:23:59 AM
From: MoneyPenny  Read Replies (1) | Respond to of 71454
 
Reading your post, this came to mind:

"The only function of economic forecasting is to make astrology look respectable." ~ John Kenneth Galbraith

and while trying to make sure my quote was correct, I found this

* "An economist is a man who states the obvious in terms of the incomprehensible." ~ Alfred A. Knopf

and one I hadn't heard before:

"Everything reminds Milton Friedman of the money supply. Everything reminds me of sex, but I try to keep it out of my papers." ~ Nobel Laureate Robert Solow

MP