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Re: WHY BACKTESTING WORKS



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Mark Down and Omega Spam......LOL you guys are to funny.
Rovert


 The Omega Man wrote:
>
>Mark Down wrote:
>
><<If someone will send me the details of it I will post them here.>>
>
>
>Should all be in the 10-Q/10-K.
>
>
>
>Good trading,
>
>The Omega Man
>
>
>
>
>-----Original Message-----
>From: Mark Brown <markbrown@xxxxxxxxxxxxx>
>To: Sean M. Davis <sdavis@xxxxxxxxxxxxxx>; Ralph M. Stone
><Tenbfive@xxxxxxx>; product.quality <product.quality@xxxxxxxxxxxxxxxxx>;
>Neal T. Weintraub <thevindicator@xxxxxxxxxxx>; Mitch Ackles
><mitch.ackles@xxxxxxxxxxxxxxxxx>; Melody Blais
><Melody.Blais@xxxxxxxxxxxxxxxxx>; John Sweeney S&C <JSweeney@xxxxxxxxxxx>;
>Janette Perez <Janette.Perez@xxxxxxxxxxxxxxxxx>; Bill Cruz
><OfficeOfThePresident@xxxxxxxxxxxxxxxxx>; Omega List
><omega-list@xxxxxxxxxx>; The Omega Man <editorial@xxxxxxxxxxxxx>
>Date: Sunday, October 11, 1998 11:24 AM
>Subject: Re: WHY BACKTESTING WORKS
>
>
>>The key is to choose a model which performs well in backtesting, and then
>*stick to that model*.
>>
>>The Omega Man
>
>
>Hey, I'll keep this letter because its the ONLY  thing I have seen Omega
>Spam write that I agree with.  You should relay that theory of sticking to
>the model to your employer Bill Cruz.   See when Bill Cruz started up he had
>a good Corporate Model.  To provide a good product with reasonable service,
>he showed a genuine concern for the company, employees, clients and the
>software.   Then he transformed himself into a greedy little "you fill in
>the words".  He my friend has deviated so much from the model that there is
>no hope of recovery.  There is not enough capital left in the account to
>keep trading.  He is essentially perpetually on margin call.   The board of
>directors should vote to fire him and his dead beat brother.   They have
>milked the cow dry and there is nothing left.   Does anyone want to comment
>on how the Lawsuit settlement has affected their finances?   I wish someone
>who was part of the settlement would fill us all in on was agreed upon.  If
>someone will send me the details of it I will post them here.  I think the
>numbers would be staggering, and make those that purpose to support Omega go
>into shock.
>
>MB
>
>ps Money has changed Bill Cruz into a moron, akin to Howard Hughes.  He
>lives in his little Omega World Bubble and its about to pop.
>
>
>Mark Brown  TradeLab for the Serious Trader http://www.sciapp.com
>==================================================
>BTW, you might want to ask yourself how far the fraud goes. Can you tell
>me how Tradestation\DTN wins the award from TASC for best institutional
>trading software when it wasn't even available at the time of the survey?
>You couldn't even buy\lease it from DTN. I tried! Advertising revenue can
>work wonders! Charles Kaucher to John Sweeney     circa 1997 - 199?
>==================================================
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