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Dear Alan,
I take great offense and opposition to your message to me.
1.My integrity would never let me offer something that does not work.
2.I did not develop this to sell.
3.I trade at 2 x margin and use about $25,000 to trade a system that trades daily. A $6000 drawdown to date is less than 25%.The top rated S&P systems by Futures Truth hit 50% drawdowns.
Are you always this negative or is it a bad day?
John
P.S. I originally just sent this to you but when I realized you were spreading your negativity about me to the list , I thought I would publicly respond to your comments.
------------------ Reply Separator --------------------
Originally From: "Alan Savant" <the_savant@xxxxxxxxxxx>
Subject: S&P 500 System Update
Date: 05/11/98 10:24am
The concept I am using requires no charting, no tecnnical analysis, no
indicators and no knowledge of trading.That is why it is probably doomed
to failure. All it takes into the frey is market action on a
mathematical basis.
Thanks,
John
Well John, if we ever see you offer it for sale or giving trading advice
are we to assume that it has failed and no longer of value to you? The
drawdown is unrealistic to say the least, good thing you are trading the
mini, but I think the full size contract would wake you up faster.
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