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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)
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