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Re: gaining losers for systems



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<b><i><font color="#FF0000"><font size=+1>YO!</font></font></i></b>
<blockquote TYPE=CITE><font face="Arial"><font size=-1>Alexander wrote:</font></font><font face="Arial"><font size=-1>"Here
is the most important consideration why the winning system would never</font></font>
<br><font face="Arial"><font size=-1>be sold. The goal of the market is
to defeat all predictions (or market</font></font>
<br><font face="Arial"><font size=-1>would cease to exist). So every knowledge
discovered about the market</font></font>
<br><font face="Arial"><font size=-1>either has to be kept "secret" (and
used on very small scale and in very</font></font>
<br><font face="Arial"><font size=-1>conning manner as to not attract an
attention of other market participants,</font></font>
<br><font face="Arial"><font size=-1>remember old times pool manipulators?)
or when known it is "negated" by the</font></font>
<br><font face="Arial"><font size=-1>market."</font></font><font face="Arial"><font size=-1></font></font>
<p><b><i><font face="Arial"><font size=-1>Couple of interesting thoughts
here, Steve.&nbsp; This is Colin Alexander you're quoting?</font></font></i></b>&nbsp;<font face="Arial"><font size=-1>I
agree with Richard Dennis.&nbsp; He once was quoted that he could publish
his "Turtle" rules in the Chicago Tribune and absolutely nobody would pay
any attention to it.&nbsp; I've tried to give away my most guarded secrets
and people ignore the offer.&nbsp; I've also traded for many clients, using
time tested mechanical systems, when after accruing 6 or 7 winning trades
in a row, the system incurs a small loss ... only to hear them comment:
"Gee, I guess the "system" isn't working any more".</font></font>&nbsp;<font face="Arial"><font size=-1>I'm
always amazed and amused that 90% of all traders are looking for the "holy
grail" and yet, less than 5% (wildly high estimate) of those have the discipline
or patience to perpetrate any mechanical plan.&nbsp; Argue the point if
you must; this is my simple, subjective view, formulated after "way too
many years" observing self-destruction by the Amerikan trading public.</font></font><b><i><font face="Arial"><font size=-1></font></font></i></b>
<p><b><i><font face="Arial"><font size=-1>Hmm.&nbsp; Sounds like people
are giving you grief about the recent cybercast drawdowns . . . or are
you launching a preemptive strike against potential detractors, based on
25 years of experience with "the public"?</font></font></i></b><b><i><font face="Arial"><font size=-1></font></font></i></b>
<p><b><i><font face="Arial"><font size=-1>As the magenta resistance line
indicates on your feeders chart, the action on 12/6 was encouraging for
your shorts.&nbsp; At least, I would think twice about being long after
a failure like that.</font></font></i></b><b><i><font face="Arial"><font size=-1></font></font></i></b>
<p><b><i><font face="Arial"><font size=-1>Back in top shape in the meantime?&nbsp;
"Up to snuff," as they say?</font></font></i></b><b><i><font face="Arial"><font size=-1></font></font></i></b>
<p><b><i><font face="Arial"><font size=-1>Philip</font></font></i></b>
<br><b><i><font face="Arial"><font size=-1></font></font></i></b>&nbsp;
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<br><font face="Arial"><font size=-1></font></font>&nbsp;
<br>&nbsp;<font face="Arial"><font size=-1>Steve Karnish</font></font>
<br><font face="Arial"><font size=-1>Cedar Creek Trading</font></font>
<br><font face="Arial"><font size=-1>http://www.abbracadabra.com/cybercast/</font></font></blockquote>

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</x-html>From ???@??? Tue Dec 07 13:05:54 1999
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From: "Walter Lake" <wlake@xxxxxxxxx>
To: "Metastock bulletin board" <metastock@xxxxxxxxxxxxx>
Subject: colour picker
Date: Tue, 7 Dec 1999 14:46:00 -0500
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Status:   

For those of you that want a VBA coded floating XL colour picker like the
one in Metastock. Check this out.

http://www.j-walk.com/ss/excel/tips/tip49.htm

It has 56 colours plus it gives their RGB colour codes for handy coding
reference.

Best regards

Walter