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Why?
Got to my website and send me an e-mail if you want to talk.
Larry
--- In Metastockusers@xxxxxxxxxxxxxxx, "manohohman" <j3ttt@xxxx>
wrote:
>
> Call me back when you get a track record--an audited one!
>
>
>
>
> --- In Metastockusers@xxxxxxxxxxxxxxx, "Book" <book@xxxx> wrote:
> > I would like to introduce myself to this group.
> >
> >
> >
> > I am a retired manager of a major U.S. corporation. I was
educated
> in the
> > fields of mathematics, electrical engineering and computer
science
> and I
> > have had an interest in stock market analysis for nearly 20
years.
> >
> >
> >
> > I believe my background skills have given me a unique insight
into
> technical
> > analysis, allowing me to look at and understand the mathematics
> behind
> > technical analysis formulas, take an unbiased common sense
approach
> to the
> > results of these formulas and develop a system that does not
> succumb to the
> > short falls of Technical Analysis.
> >
> >
> >
> > I have been studying technical analysis in the stock market since
> 1987,
> > testing and analyzing hundreds of formulas and charts. I began
by
> using
> > commercial software with built in formulas, then wrote my own
> formulas and
> > finally wrote my own software and formulas.
> >
> >
> >
> > I am now writing a book "An Analysis of Technical Analysis",
which
> is far
> > from complete but there is some very relevant information that I
> will point
> > you to a little later.
> >
> >
> >
> > I have also been lurking and contributing on many forums over the
> last 10
> > years or so, and I have made several observations.
> >
> >
> >
> > 1. The questions are generally the same, form year to year. Some
> > technical question on how to get a formula or program to work and
> some
> > general questions on how to make a system that really works. The
> technical
> > questions are usually answered in detail but the system questions
> are rarely
> > answered except in the most general terms.
> >
> > 2. There are usually one or two Gurus who expound "I have
> developed a
> > system that really works well" but they never give explicit
details
> on how
> > this system works and they never give actual trades until well
> after the
> > trades have happened. This gives way too much opportunity
> to "adjust" the
> > figures. In other words, they never prove themselves.
> >
> > 3. After a period of time, a year or less, these Gurus disappear
> from
> > the scene. Did they lose all their money, or can't they just
keep
> up the
> > BS?
> >
> >
> >
> > Why is this the case? I will answer this a little later.
> >
> >
> >
> > First I want to say that I have created a "commercial" market
timing
> > website, but I will not advertise or even mention the name here
so
> that the
> > moderator of this group won't ban me. My main concern is to get
> some very
> > pertinent market timing information to those of you who are really
> > interested in trying to time the market.
> >
> >
> >
> > Let me start out this way. Technical analysis (using
mathematical
> formulas
> > only) DOES NOT WORK, WILL NOT WORK, AND YOU WILL JUST LOSE YOUR
> MONEY!
> >
> >
> >
> > How can I possibly say such a thing, especially when I said I own
a
> market
> > timing web site?
> >
> >
> >
> > I said "Technical analysis (using mathematical formulas only)".
> > Mathematical formulas, no mater how simple or complex, try to
match
> a
> > recurrence, or pattern, in the market. They simply do not
predict
> anything!
> >
> >
> >
> >
> > Experts contend that the market is "random"
> > <http://www.timeyourfunds.com/book/random%20walk%20theory.htm>
and
> > "efficient"
> > <http://www.timeyourfunds.com/book/efficient%20market%
> 20hypothesis.htm> .
> > We all know that random events cannot be predicted and if
something
> is
> > really efficient there are no disparities to capitalize on.
These
> two
> > factors alone tell you that the market is impossible, or nearly
> impossible
> > to predict, using mathematical formulas.
> >
> >
> >
> > If you would like to learn a little more about technical
analysis,
> what
> > works and what doesn't, and what you REALLY need to look for you
> can read
> > more of my upcoming book. The start is here "An
> > <http://www.timeyourfunds.com/book/An%20Analysis%20of%20Technical%
> 20Analysis
> > .htm> Analysis of Technical Analysis" or you can get the quick
and
> dirty
> > "summary <http://www.timeyourfunds.com/book/summary.htm> " here.
> >
> >
> >
> > It won't cost you a cent, but it might save you several!
> >
> >
> >
> > Thanks for reading.
> >
> >
> >
> > Larry
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