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Hi Yuki,
I don't know the full details. I know only what I heard from a very
trusted source. I never bothered to find out fully for myself. I
did visit his web site once but it did not seem to exist any
longer.... He was obviously impressed by the results he got trading
some national competition (Not Larry Williams) with the system and so
bought the whole copyright, trademark, company and the system. Draw
your own conclusions...
People do get a seat in an exchange as an investment as the price of
the seat may increase and also you get lower commissions if you are a
member and it proves to be cheaper in the longer run....
Regards,
pal
--- In amibroker@xxxxxxxxxxxxxxx, Yuki Taga <yukitaga@xxxx> wrote:
> Hi palsanand,
>
> Tuesday, October 21, 2003, 4:35:07 AM, you wrote:
>
> p> That is correct. The owner apparently has been forced to close
> p> his business web site because he alledgely posted results which
> p> did not take into account, commissions and slippage etc. and had
> p> also been banned from exchanges etc.,...
>
> Something about this makes my BS detector peg in the red zone.
*Who*
> can force someone to close a business web site, other than say a
> government, or one's own ISP? And for what reason? For posting
> results that don't take commissions and slippage into account????
>
> This guy has some version of the holy grail, yet he *needs* to be a
> member of some exchange??? Yeah, right.
>
> I guess you could tell us . . . but then you'd have to kill us?
>
> Yuki
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