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Re: TA On The Beach - GANN line anaylsis



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Michael

----------
> From: tmurrey <tmurrey@xxxxxxxxxxx>
> To: metastock-list@xxxxxxxxxxxxx; Simon Baker <s.baker1@xxxxxxxx>
> Subject: Re: murrey math uses no indicators:
> Date: Saturday, June 07, 1997 6:52 AM
> 
> The joke is this: pure and simple !!! I have been on this forum for 30
days
> and I see someone leaving this forum everyday because it contains nothing
> but inane "indicator builders" that already know that any indicator is an
> average so at best it is one day late.  If you send $ 100.00 to my broker
> he will tell you that I traded OEX Options only and that I made a profit
on
> 11 out of the past 12 here recently, since the market is so volatile.  If
> you aren't making at least $ 1,000 a week these days, then you should go
> and sell my book for me and you will always make money. thanks for being
so
> skeptical !!!  It keeps me on my toes !!! thanks THMurrey
> ----------
> > From: Simon Baker <s.baker1@xxxxxxxx>
> > To: metastock-list@xxxxxxxxxxxxx
> > Subject: Re: murrey math uses no indicators:
> > Date: Friday, June 06, 1997 11:01 AM
> > 
> > Dear All,
> > 
> > At the risk of stating the obvious, and without wishing to seem overly
> > cynical, this looks decidedly fishy. Am I not alone in thinking that
the
> > real money to be made in any successful trading system is clealry by
> > playing the market, not by knocking out books to wide-eyed punters keen
> to
> > get rich quick. Quite frankly, the market is bigger than any one man,
so
> > trumpet your discovery from the rooftops and sit back as you earn a
> fortune
> > from your investments and bask in global adoration.
> > 
> > As Dr Roffey implied, MrMurrey is probably barking up the wrong tree by
> > pitching a book in an almost Amway-esque fashion to a user group
> containing
> > some extremely knowledgeable and proficent investors, a I title to
which
> I
> > do not yet lay claim!! Following the excellent, FREE advice contained
in
> > this group looks liker a safer path to riches.
> > 
> > Regards, and long live past histories and indicators
> > 
> > 
> > Simon Baker
> > 
> > 
> > 
> > >Murrey Math Uses No Indicators:  in my book published May 1995 Murrey
> Math
> > >Trading System I proved that one is able to trade without any past
> history
> > >or moving averages or math formulas and my 8th grade math trading
system
> is
> > >so simple that any person who can play checkers and divide 100 by 8
and
> in
> > >just one hour one shall be able to trade as well as any seasoned
trader:
> > >87.5 % of all time is spent looking at indicators that only work at
high
> /
> > >low reversals.
> > >
> > >I have included 23 different indicators (most popular)  created by
some
> > >extremely smart math people, in Metastock 3.5 software and each of
them
> > >used some kind of average formula of the past that is always late in
its
> > >buy / sell signals.
> > >
> > >My non-formula trading system is more accurate than the math "folks." 
I
> > >included 23 examples in my book at the top of the chart and below I
had
> my
> > >"Square in Time" charts (since America is obsessed with sports that
are
> > >played inside some kind of rectangle, we trade all our markets inside
a
> > >square and since everyone is watching the
> > >N.B.A. finals right now we do the one thing the pro's won't allow one
to
> do
> > >and that is to  play a zone defense: the most effective zone defense
is
> a 2
> > >- 1 - 2 zone.  I will bet you any amount of money that if you hand
your
> > >child (over 6 yrs) a piece of typing paper and turn it sideways and
ask
> > >them to make a continuos graph from the exact left edge to the exact
> right
> > >edge, they will avoid the zone defense on this paper 68.% of the time
> > >(although they don't "see" it when they are drawing their lines).  If
> you
> > >know anything about basketball, you will know where to draw the five
> > >circles; if not use common sense logic to spread the 5 circles out
> equally
> > >on the paper.
> > >
> > >After your child has drawn their graph on the typing paper (plain) you
> will
> > >fold it in half 3 times vertically and horizontally and you have just
> set
> > >up your child's Brain Waves to what the S.E.C. just did this week and
> set
> > >their "Trading Brain Waves" to 1/8 ths or exact decimals.
> > >
> > >Your child has reversed direction (which means that they changed their
> > >minds) on one of these lines that you just divided into 1/8 ths.  Your
> > >child's body is set to what Pathagorus said in 432 B.C. to know the
> > >knowledge of all math it is looking at any 12 or 13 year old child ? 
> You
> > >don't know what he meant for you probably can't "see" your navel since
> 62.5
> > >% of the U.S. is "portly." (corpulantly fat).too much fast food.
> > >
> > >One of my students made $ 10,540.00 in just 3 days trading a soy bean
> > >spread with Murrey Math using a checker board and two rulers and
> dividing
> > >100 by 8.
> > >
> > >In just one hour's time I can teach your child to teach you how to
trade
> > >any market.
> > >If you study your market more than 1 minute you are waisting your
> > >family-time with your loved ones.  Bird -watchers don't prove anything
> but
> > >taking up time.
> > >
> > >With the Murrey Math Trading System one is able to memorize every
> reversal
> > >point of any market on a pre-set basis.  W.D. Gann lied to everyone
and
> > >took it to his grave.  I have proof that he told you the truth twice
and
> no
> > >one listened.  I read his book 50 times and I saw his "little game." 
He
> > >made up the high / low extremes to throw you off.  Every intelligent
> Math
> > >Man is trying to creat some "Majic Formula" to make them famous.  If
you
> > >look at John: 21.5 you will "see" Murrey Math in those 25 verses. 
Math
> is
> > >everywhere: just look and the Moon and the Sun on the same day.
> > >
> > >Thanks for listening and please look at my Metastock formed charts on
my
> > >web page at www.murreymathtrading.com  THMurrey
> > 
> > 
> > Simon Baker
> > Room 737
> > Department of Chemistry and Felix
> > Imperial College of Science, Technology and Medicine
> > Exhibition Road
> > South Kensington
> > London  SW7 2AY.
> > 
> > Tel. 0171-594-5813 (work)               0181-516-1939 (home)
> >        0171-594-5805 (fax)                   0976-727621  (mobile)
> > 
> > 
> > 
>