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Bug,
Let me get this straight. You do not believe in backtesting. So, of
course, you were long the stock of the company which specializes in it.
Based on what? Wait! Let me guess... you figured you'd cash in on all of
Omega's sales to newbies...
Good trading,
The Omega Man
Omega - Love it or Leave it.
-----Original Message-----
From: Neal T. Weintraub <ntw@xxxxxxxxxxx>
To: Paul Yoon <paul_yoon@xxxxxxxxxxx>; D. J. Martin <djmartin12@xxxxxxx>;
Danny <danos@xxxxxxx>; Elliot Sorkin <ask1017@xxxxxxx>; Gene Spaulding
<genebs@xxxxxxxxxxxxx>; Greg Myer <futures@xxxxxxxx>; Jason Kerr
<jkerr@xxxxxxxxx>; Joe Barry <jbarry@xxxxxxxxxxxxxxx>; John Krull
<kkrull95@xxxxxxx>; Michael Forti <Mike40@xxxxxxxxxxxxxxxx>; Pierre Buret
<Buret@xxxxxxx>; Ralph Harrington <osu@xxxxxxx>; Sean Bolger
<sbolger@xxxxxxxxxxxxx>; Sylvester Rembierz <sytrane@xxxxxxx>; Vinnie Vyas
<vinnie10@xxxxxxxxxxx>; Neal T. Weintraub <yourfilled@xxxxxxx>; Tom
Petterson <trader8888@xxxxxxx>; J. M. F. <jmf1021@xxxxxxx>; L. E. F.
<lef1002@xxxxxxx>; M. Jackson <mjackson@xxxxxxxxxx>; A. Strasser
<mail@xxxxxxxxxxxx>; Larry Overy <lovery@xxxxxxxxxxxxx>
Cc: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>
Date: Wednesday, October 07, 1998 12:33 AM
Subject: Re: The 95% losers Join now.
You know, our family just sold our Omega stock for little more than $1.00.
That should tell you something about my trading ability when it comes to
over the counter stocks. We bought Omega for a little over $10.00. Which
brings me to the point. Software, backtesting, and gurus are not going to
make it for you. If they did Jake and Larry would manage money and Omega
stock would be over $30.00. Stay our of the volatile markets and be sure you
are trading with money you can afford to lose. And stay away from brokers
who are under the age of 22. Do you know any successful traders? And can
prove it. Do they live in your area? One of my clients uses a stop based on
the low of the last 12 days Are you using stops?
-----Original Message-----
From: Paul Yoon <paul_yoon@xxxxxxxxxxx>
To: thevindicator@xxxxxxxxxxx <thevindicator@xxxxxxxxxxx>
Date: Monday, October 05, 1998 3:54 PM
Subject: Wiped out again!!
>Mr. Weintraub, that was a fine article in the most recent FUTURES
>magazine. I just need a bit of advice. When should i cry out "uncle"
>and move on with my life. This is my 4th year of trading and again, i
>have gone bust. I am in my mid 20's. Do you think i should just give
>up??
>
>
>Sincerely, Paul
>
>p.s. My confidence has not been shattered.......yet.
>
>______________________________________________________
>Get Your Private, Free Email at http://www.hotmail.com
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