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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?


To: TechTrader42 who wrote (8465)8/11/1998 9:38:00 PM
From: TechTrader42  Read Replies (1) | Respond to of 12039
 
I've decided to invite Jay Randini, founding fellow of the Committee for the Scientific Investigation of Technical Analysis Software and Systems, to investigate my own trading systems. He's set the rule that there can be no money management or intuition involved -- only strict adherence to trading signals. He's going to start with my spoon-bending resistance system, then evaluate my numerological market-timing system, then move on to my parapsychological parabolic SAR system.

Jay Randini is not inexperienced in such investigations. As many of you know, he tested the trading systems of Uki Heller, an analyst who claimed he had predicted an 11.5 percent market correction in October 1987. Randini demonstrated that Heller had, in fact, psychically initiated the correction. Given his power to manipulate the market, Heller's prediction was deemed a hoax. Now, Heller is calling for further testing, saying that with real-time quotes and new, more expensive software he can really predict market drops, without actually causing them.

If any of you have systems or software that you want Randini to test, please let me know -- telepathically (since I'm inundated with e-mail right now).

Brooke