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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: GPS Info who wrote (105946)	5/3/2014 8:06:50 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 217804

A good test of delusional is ability to live long term very well without being a ward of the state or somebody else. I have passed that test very well. If we add to the test the ability to propagate DNA into a second and third generation, I've passed that test very well too. So while Americans love to do over-the-internet free psychobabble analysis one shouldn't take their diagnoses too seriously. In evaluating "delusion" one needs to take account of the fact that when somebody comes up with something that has never been thought before, they are generally thought of as delusional. But nothing that exists [made by humans] existed until a "delusional" person imagined it, then went ahead and created it [usually in conjunction with converts to the cause]. That's not to say that any delusional idea is the future in formation. There are outright delusional ideas. Such as those which conflict with the fundamental facts of physics. But even there, care is needed, because fundamental facts can turn out to be mere approximations of no value in the bigger picture [such as Newtonian mechanics]. Professor Lusignan, a Stanford university physics expert, claimed that CDMA by QUALCOMM breached the laws of physics. It turned out that my "delusional" idea from mid 1989, which Qualcomm also thought of and created, was not in fact delusional but is now the motive power of mobile cyberspace. I love 'delusions' like that. I look for more of them. For example, Tradable Citizenship, my digital currency [preceded bitcoin which has the benefit of somebody actually doing it while mine is still in delusional form], Globalstar - arrggghhh = lost heaps $$ but it's now soaring again, changed NZ government [twice - 1984 and in recent decades]. But my graviton spin reversal system is still in delusional form as is my sneaky tungsten, lead, mercury and maybe even iron to gold and platinum process. There is still some physics development required for those to become economic. <There is no one else on this board that gets anywhere near as delusional as you seem to be at times. I want to assume that you’re just having some fun, but I’m unsure.> It's funny how different people think totally opposite things about the same thing. Viewing me from the inside and seeing how things work out, compared with nearly anyone, I'm certainly willing to contemplate all sorts of ideas which might or might not turn out to fit a possible reality. After decades of success in those I seriously pursue, with failures being not too bad and abandoned as soon as they appear failed, I'm not too worried about being delusional. My main purpose in posting and reading is to consider ideas, obtain facts, tempt other people to consider ideas and correct bung ideas that I might have. While doing so, it might as well be fun, because I value fun quite a lot. Fun is secondary to the main purpose of thinking out loud and reading the thinking out loud that other people do. I have had some successes from that process. For example, TJ persuaded me back in 2001 [along with other things I was reading], that my position was in fact a lot more hazardous to my financial health than I had estimated. So I bailed out of megatons of QCOM stock only part way down the decline. That turned out to be an extremely valuable action. Back in 1996, Ramsey Su wrote "wake up and milk the sheep" when QCOM had crashed suddenly. After a quick evaluation of the situation, I bought big chunk of QCOM shares, which was an excellent thing to have done. There have been many other valuable posts by many many people. It's not just fun. I really do think the Flash Crash process is computer algorithms dueling and exploring market liquidity and financial stability along with responses of other market participants. I don't believe they are market failures or accidents. The "flash" part is just a particular variety of the same process. The HFTs are the ones that take part in those millisecond by millisecond processes which makes them so noticeable in volume with large and rapid movements. Over less flashy periods, such as days, weeks, and months, all participants are drawn into the process. <HFT Flash Crashes are special opportunities which are had to catch when they are short. But sometimes they are deep and wide as in 2008 when there were lovely profits to be made, and I did. Message 29479397 So, does the “they” in “they are deep and wide” refer to the flash crashes or the special opportunities? It’s not clear from the sentence.> "They" refers to the flash crash decline, which is also the special opportunity. "They" is both. Warren Buffett and I both enjoyed the opportunity, but he did so on a giga scale, while mine was tiny. Being delusional like him is okay by me. Mqurice