|
PureBytes Links
Trading Reference Links
|
Hi Jay,
Thanks for the reply but I'm still hoping
you can provide an answer to my question. I'm not sure what you refer to
as fact.... Are you saying UA creates continuationcharts with wild gyrations in
price activity that don't occur in the actual contract or are you referring to
that happening just on the rollover date? Can you give an example as I've never
seen such activity, or understand how such a well developed product would be
making such a fundamental error as to actually change the relativity of
individual bars rather than simply shifting whole contracts up or down in price.
What you would be suggesting would have to be an intentional exercise by the
seller of the program as such obvious errors would have been corrected years
ago.
You say a CC isn't a real contract and your
strictly correct, but to say you cant trade it is wrong. I manage to doit every
day without any problems, nor do I experience any of the wild gyrations in price
you refer to.
As to your reference to Moore's site, I fail
to see the relevance as to whether it proves as a 'fact' that UA is a flawed
product. If Moore wants to trade each individual contract then that's
fine. If you want to make note that trading say a long term system doesn't take
into consideration rollover costs in a CC contract, then you'd be right, but we
are all familiar with that and can make the appropriate adjustments. It
really does sound like you are a soured customer of UA for some reasons that has
perhaps been banned fro using the product.
Just a though, as you only make allegations
with no proof. UA has been around for years and is used by most professional
CTA's. I'm sure they wouldn't tolerate the allegations you make if they were
fact.
Cheers,
Adrian
<BLOCKQUOTE
>
<FONT
face=Tahoma>-----Original Message-----From: Jay T
[mailto:JaysTownsend@xxxxxxx] Sent: Friday, 21 May 2004 12:09
AMTo: equismetastock@xxxxxxxxxxxxxxxSubject: Re:
[EquisMetaStock Group] Reuters Futures Data &
Downloader
<<Why are UA owners who use
continuous contracts for testing fooling themselves? You provides no reasons
for your allegations at all.>>
It isn't an allegation, it's a fact.
All you have to do is to look at the UA continuous contracts (the best that
you can get, by the way) and look at the roll over from one contract to the
next. Much of the time you have wild price gyrations that don't simply
do not happen in the real world. A continuous contract is not a real
contract, you can't trade a continuous contract. Read some of Bruce
Gould who also looks at historical data, but only with the method I outlined
earlier.
Go to the Moore Research site. They
DO NOT use continuous contracts and they have a long history of providing
exact entry and exit dates based on the review of specific month contracts
only.
<SPAN
class=921410909-19052004>
Jay
<SPAN
class=921410909-19052004><FONT
face=Verdana>
Yahoo! Groups Sponsor
ADVERTISEMENT
Yahoo! Groups Links
To visit your group on the web, go to:http://groups.yahoo.com/group/equismetastock/
To unsubscribe from this group, send an email to:equismetastock-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
|