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Yes Steve,
You have our attention now!
Dan
-----Original Message-----
From: Jeff <jcob3@xxxxxxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: Saturday, December 11, 1999 4:30 PM
Subject: Re: winning systems for losers
>Hey Steve:
>
>If you give it to Betty, be sure to copy me
>
>Regards
>Jeff
>-----Original Message-----
>From: Burwell Pike <castlekeep52@xxxxxxxxx>
>To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
>Date: Saturday, December 11, 1999 12:45 PM
>Subject: Re: winning systems for losers
>
>
>>Hi Steve,
>>
>> I read your message (below) with a great deal of
>>interest. Being new to the list, I was wondering if I
>>could take you up on the previous offer that you made
>>previously (below). Namely, "I've tried to give away
>>my most guarded secrets and people ignore the offer".
>>My only assurance to you is that I will not ignore the
>>offer.
>>
>>Thank you in advance,
>>
>>Betty
>>
>>--- Steve Karnish <kernish@xxxxxxxxxxxx> wrote:
>>> Ryan wrote:
>>> "give me a simple insight to what u mean by your
>>> method of trading"
>>>
>>> Ryan,
>>>
>>> I closed out three long positions this morning in
>>> the Dec contract:
>>>
>>>
>>http://www.abbracadabra.com/cybercast/cgi-bin/comchrt.asp?chart=bonds
>>>
>>> Since Jan 1, '99, I've closed out 26 "long bond"
>>> positions. My mechanical approach is 20-5-1 this
>>> year. I use momentum oscillators and break all the
>>> trading rules (I average losers, don't use stops,
>>> etc.).
>>>
>>> I have posted the guts of my systematic approach for
>>> all to trade and examine and have shared formulae
>>> during the past two years on this and many other
>>> forums. It has become easier to maintain a website
>>> than answer numerous emails everyday.
>>>
>>> Human nature tells me that most folks believe my
>>> information is worth what its priced at: $zero. I
>>> promise to attach a big fat price to my mechanical
>>> approaches and charting service in the year 2000, so
>>> that people will think they are getting credible
>>> products. It seems to me that the HIGHER I price
>>> the information, the more CREDIBILITY will be
>>> associated with the product.
>>>
>>> Enjoy the free information while you can ... it's
>>> just a 2+ year plot to "entice and entrap" mindless
>>> traders from around the world and bring them under
>>> my control, so I can eventually dominate the world.
>>>
>>>
>>> Steve Karnish
>>> Cedar Creek Trading
>>> http://www.abbracadabra.com/cybercast/
>>> ----- Original Message -----
>>> From: Ryan Yeo
>>> To: metastock@xxxxxxxxxxxxx
>>> Sent: Wednesday, December 08, 1999 7:20 AM
>>> Subject: Re: winning systems for losers
>>>
>>>
>>> Hi Steve,
>>> Just curious if you would give me a simple
>>> insight to what u mean by your method of trading
>>> that people ignores. I trade interest rates
>>> contracts.
>>> Steve Karnish wrote:
>>>
>>> List, Alexander wrote:"Here is the most
>>> important consideration why the winning system would
>>> never
>>> be sold. The goal of the market is to defeat all
>>> predictions (or market
>>> would cease to exist). So every knowledge
>>> discovered about the market
>>> either has to be kept "secret" (and used on very
>>> small scale and in very
>>> conning manner as to not attract an attention of
>>> other market participants,
>>> remember old times pool manipulators?) or when
>>> known it is "negated" by the
>>> market." I agree with Richard Dennis. He once
>>> was quoted that he could publish his "Turtle" rules
>>> in the Chicago Tribune and absolutely nobody would
>>> pay any attention to it. I've tried to give away my
>>> most guarded secrets and people ignore the offer.
>>> I've also traded for many clients, using time tested
>>> mechanical systems, when after accruing 6 or 7
>>> winning trades in a row, the system incurs a small
>>> loss ... only to hear them comment: "Gee, I guess
>>> the "system" isn't working any more". I'm always
>>> amazed and amused that 90% of all traders are
>>> looking for the "holy grail" and yet, less than 5%
>>> (wildly high estimate) of those have the discipline
>>> or patience to perpetrate any mechanical plan.
>>> Argue the point if you must; this is my simple,
>>> subjective view, formulated after "way too many
>>> years" observing self-destruction by the Amerikan
>>> trading public.Steve Karnish
>>> Cedar Creek Trading
>>> http://www.abbracadabra.com/cybercast/
>>>
>>>
>>
>>__________________________________________________
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>
>
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