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Hi Yuwono,
Thanks for the reply on the Demark question.....It's bad
enough that his books are so tough to read....But THEN
he holds back the refinements intentionally!
I've read that he's a very pleasant and helpful man
in person, but you'd think for the trouble of buying his
book and (gah) wading through it, you'd get a useable
system.
There's an SI (silicon investor) Thomas Demark discussion
group, and when it first started, a guy popped up that was
apparently working for Demark, coding his proprietary
indicators......offering to answer any questions! (Of course
Mr. Demark quickly blotted out that little ray of sunshine!)
The guy calling himself "The Code" wasn't working for
Demark was he ?
Dick
-----Original Message-----
From: Yuwono <satria@xxxxxxxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: Friday, June 12, 1998 8:29 AM
Subject: Re: Demark Sequential
>At 08:56 PM 6/11/98 EDT, you wrote:
>>You seem to indicate that your use of the DeMark Sequential is based on a
>>different program than MetaStock. Is this true? And , if so, what program
do
>>you use?
>
>Omega Research software.
>
>>Any information would be helpful. For instance, DeMark sells a canned
program
>>for his Sequential system priced at about $500.00. Do you use his program,
>>etc.?
>
>Someday, a mask man called himself "The Code", cleaned all his toolboxes
>and send to the omega list. He was very disappointed with these expensive
>protected and copyrighted indicator. This is one of his letters.
>
>----------
>EXAMPLE: Wisdom of the ages, Sold for 10,000.00 a copy.
>
>The code is a mix from Tom Demark books and David Wrights of the
>Cherry Picker fame.
>
>The system code was converted from an indicator that someone I
>Know programmed from ideas publicly disclosed in Demarks book.
>Demark came after him and lost because when you publish an idea
>In a book it is fair game. Then wisdom of the ages bought or stole
>This indicator and hired a hack to make it a system. The studies are
>Stolen from David Wrights, 21 tick bar chart filter for the system
>Cherry picker. Again this idea is a modified Demark study that has
>Been adapted to his own use.
>
>You have the pleasure of having a systems historian setting you
>Strait. I dare say I couldn't be fooled by anything. I most recently
>Figured out that http://www.mangeeze.com/ stuff. It's a hoax also.
>It is nothing, NOTHING more than a STOCKASTIC. Ha! Ha! Ha!
>
>I have always advocated that the only solution to buy risk
>free code is to have the ability to test it risk free and for an
>amount of money no more than $0.00.
>
>Got to go my macaroni and cheese, with hamburger patty and
>Onions is ready for my consumption.
>-------------
>Altogether are worth more than 20000. But don't ask me the list of those
>indicators.
>Ask the omega list or the archieves. I looked at them and they were
>copyrighted. So I have deleted them.
>It is different with the one I sent to the metastock list. But the result
>of the
>formula I sent to metastock list, is the same with the omega software.
>
>>Further, what other indicators do you use with the "Sequential" as
indicated
>>in your e-mail.
>>Thanks,
>>Jim Barone
>
>I am trading at the Japanese Market. I use adaptive channel breakout
>sometimes as
>a breakout, other time as a counter trend (more often).
>
>Thanks
>Yuwono
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