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Re: Mark Brown Workshop: a quick review



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I've been looking thru Mark's real time arbitrage results and I'm pretty
impressed.
QED
----- Original Message ----- 
From: "John Blucar" <blucar@xxxxxxxxxxxxxxxx>
To: "David Colin" <david_colin@xxxxxxx>
Cc: <omega-list@xxxxxxxxxx>
Sent: Thursday, November 20, 2003 2:37 PM
Subject: Re: Mark Brown Workshop: a quick review


> You know, if a workshop guru only can get 3 buyers at only $500 each
(instead of $1500 each), it seems he should be clever enuff to figure out he
needs to change his marketing approach.
>
> I would bet if he really wanted to attract the attention of more serious
traders (who more often look for performance results instead of hype), he
should post decent believeable 4 year performance summaries on his better
oddball systems and his mechanical bond systems.
>
> If they are as good as you would suspect he wants people to believe --- 
then this fact alone would attract many more students to his next seminar.
>
> But then again, if his performance summaries would not show anything that
great - - - maybe that's the real reason he is not eagerly posting them up
front ?
>
>
>
>
> John
>
>
>
>
>
>
> On Mon, 17 Nov 2003 09:18:56 -0800 , David Colin <david_colin@xxxxxxx>
wrote:
> >List:
> >
> >In October I had the good fortune to be able to attend one of Mark
Brown's
> >"Shortcut to Discovery" workshops in Dallas.  I had wanted to attend for
> >some time...the price for the workshop that was listed on
> >www.prosignals.com was $5000.  Of late however the price has been
> >temporarily slashed to $500, so I jumped at the chance.
> >
> >The workshop was set to begin at 08:30.  The other attendees arrived -- 
> >there were only three of us - and I was happy to have the chance to meet
> >one of the other attendees (an O-lister), someone I've only previously
> >corresponded with by e-mail.  Mark and his son Alan arrived at 8:30.
[Just
> >a quick note: Mark is not what I think most people would expect.  I think
> >he has a little bit of a reputation on this list for being "rough around
> >the edges," but honestly, he is one of the nicest guys I've met (as was
> >Alan). ]
> >
> >Mark began by giving us a little history of how he came to be a
> >professional trader -- absolutely fascinating stuff.   The core of the
> >workshop was the revelation of a mechanical Bond model and a somewhat
less
> >mechanical options strategy.  Mark's view is that it is difficult, if not
> >impossible, for someone to buy a black box system and trade it without
> >understanding the logic.  So half the day was spent explaining the logic
> >behind the mechanical bond model.
> >
> >The Bond Model:
> >
> >The model was developed using the Ned Davis Technalyzer, which is a piece
> >of software that costs $100K/year to lease and has to be run on a cray
> >supercomputer.  The software sounded pretty sophisticated, however Mark's
> >teaching style was clear and engaging, and the explanation of the model's
> >logic was not beyond the comprehension of anyone with some degree of
> >knowledge about technical analysis.  The model was made to run on
perpetual
> >contracts (Mark included a big historical perpetual bond data file for
> >testing) .  (please don't write me asking for system results, or the
model)
> >
> >The Options Model:
> >
> >The remainder of the day was spent revealing a pretty nice options
> >strategy...although it isn't really mechanical, so it requires a bit of
> >skill to implement.  Still, the strategy was simple, and again, not
beyond
> >the comprehension of anyone with some degree of knowledge about technical
> >analysis.
> >
> >
> >The second day was spent reviewing and then briefly discussing a few
> >Oddball variations, and some bet sizing techniques.
> >
> >Mark took all questions patiently, no matter how basic, without making
> >anyone feel stupid.  He wanted to make sure we all understood exactly
what
> >was being taught.  I think I learned almost as much from the discussions
we
> >had as from the instructional part.  You could tell there was genuine
> >concern that we learned from the experience -- which brings me to another
> >point: Mark was only collecting $1500 for the whole weekend workshop, so
> >clearly he wasn't doing this for the money.  I think he is at least
partly
> >motivated by a genuine desire to help fledgling traders.  And with all
the
> >garbage for sale out there, and all the shysters in this business, it was
a
> >real privilege to have the opportunity to learn from a legitimate world
> >class trader like Mark.
> >
> >One final note: I was surprised by the hospitality we were shown as
> >well.  We all went to a restaurant for dinner on Saturday night, and had
a
> >wonderful time.  That was above and beyond what we paid for.
> >
> >All in all, it was a great experience.  My recommendation?  You should
go.
> >
> >David
>
>
>
>
>