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The operative word here is probably.
I prefer to know if a company in making its projected earnings.
I prefer to know if a firm is gaining market share.
I prefer to know if mangement is solid.
I prefer to know if the release of a new product met expectations.
I want to knowthe weather forecast, not back test every July 17th for the
past 77 years.
nea;
-----Original Message-----
From: Charles Wright <redeemed10@xxxxxxxxx>
To: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>
Date: Wednesday, July 15, 1998 4:43 PM
Subject: Re: CTA foolishness
>
>aren't you gambling that the odds will remain about the same over time?
>
>CW
>???????????????????????????????????????????????????????
>
>> Past performance is no guarantee, but the long-term statistics
>provide us a
>> certain assurance that things will probably work into the future.
>That's
>> one great reason to use a computerized system - You can know very
>well just
>> what the odds are. They're good enough for me, in fact that's the
>only way
>> we have the confidence to trade. If you don't know the odds, then
>you're
>> just gambling.
>>
>> If somebody wants to give us 100K or so we'd consider "selling" our
>> stuff...;) but otherwise it's worth far more to trade than it would
>be to
>> peddle systems.
>>
>> Happy speculating!
>> Phil
>>
>>
>
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