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Re: Plugging Vendors and their systems



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In a message dated 98-05-27 15:15:45 EDT, CycleSurf@xxxxxxx writes:

> This is why I wont release my very best system and keep it to myself.  I 
> have
>  some very good systems that I lease.  Probably better than and certainly 
> more

<Snip> 

>  However, there are a few things that I just won't share or even lease for 
> this
>  very same reason.

Dale

        I wholeheartily agree with you.  BUT, part of the problem is not only
the thieves stealing system, but in many cases they are also writing them.  In
case that shall be nameless, I paid x hundred bucks for a system selling for x
thousand dollars.  The author claimed it was a  new, mathematically
sophisticated unique indicator of his own design, with a brand new approach.
Yep, turned out to be a simple moving average with elementary moving average
rules.   I figured it out without seeing the code, but I am glad the code was
cracked so everyone could see a con.  In this business there is definitely two
sides to the issue.

        I guess the big thing is for people to realize there is no holy grail,
and there is just a limit to how much new can be down with
open,high,low,close, and volume data.  

                               Pete