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Dan,
The simplest answer seems to be that Mr. DeMark has
offered a series of interesting market "observations."
The testing and proof of validity is left to the trader.
Ergo, Mr. DeMark's value lies in his ability to describe
his ideas in testable and accurate terms.
Walt Downs
CIS Trading
Dtrader wrote:
>
> Ron... I wish to have an actual discussion on the issues.
> such a discussion would be more productive than trying to ferret out
> unrelated and irrelevant personal motives..
>
> I have made it clear that I have nothing against Tom DeMark. I am most
> interested however in the *details* of how he (and you, and others) defend
> his work. That is what the bulk of these discussions should be focused on.
>
> I am not interested in Tom's or yours or anybody's "background" or
> "intelligence" or other such, to use your words "petty" things. let's have
> an open discussion on specific subjects such as TD Rebo and the details of
> other concepts found in his books.
>
> An attempt should be made (by you and Tom and others) to give clear and
> forthright answers to legitimate questions without becoming personally
> offended. My questions are as fair and unbiased as any public figure should
> be expected to receive.
>
> Certainly in a public forum such as this, I have the right to ask questions
> and to put Tom "on the spot" if he holds himself out to be the former exec
> VP of a major trading firm who is now willing to graciously share his
> insights with the masses. or should I accept his words as truth without
> questioning them first? you tell me.
>
> Rgds,
> Dtrader
>
> -----Original Message-----
> From: Ron Augustine <RonAug@xxxxxxxxxxxxx>
> To: Dtrader <dan@xxxxxxxxxxxxxxxxx>
> Date: Sunday, December 06, 1998 8:37 PM
> Subject: Re: TD_grail [2]
>
> :
> :Dan,
> :
> :The point is that many people who were interested in participating in the
> :List over the past two years have been chased off the List because of the
> :many personal attacks, such as the one you mounted against DeMark.
> :
> :Your characterization and opinion of "trademarking" or an interpretation of
> :how "wonderful" DeMark's work is has nothing to do with whether or not the
> :participants might glean some value from his Posts. Likewise, your
> :characterization of "non-systematic, open-ended template and collection of
> :thoughts on, for example, TD_Rebo" is simply your biased opinion and
> doesn't
> :even make much sense. What do you have against the free-flow of ideas and
> :concepts? Why is that so threatening to you?
> :_____________________________________
> :At 03:06 PM 12/6/98 -0500, you wrote:
> :
> :>Dear Ron
> :>You have chosen to become personal rather than talk about issues (Tom is
> :>guilty also). Thus I believe that your use of the word "contempt" is
> :>misguided and inappropriate with the caveat that you are correct on one
> :>point: I do have contempt for BS.
> :>
> :>Since you seem to thrash about on how wonderful Tom is, let me turn the
> :>question back over to you. How much of a "potential learning
> opportunity,"
> :>to use your words, is a non-systematic, open-ended template and collection
> :>of thoughts on, for example, TD_Rebo...???
> :>
> :>And please tell us for the record (love to hear from Tom on this too) how
> :>does one justify TRADEMARKING something which is not defined?? Upon
> several
> :>attempts to get Tom and other list members to define TD Rebo, I was
> provided
> :>with no more information than I received from the book.
> :>
> :>I have maintained that the book, and certainly this section of it, was
> more
> :>of a well disguised advertising piece for a set of TD indicators rather
> than
> :>any sincere attempt at expanding the body of knowledge regarding "timing
> :>techniques" as the title of the book alludes. Perhaps it has not been
> :>brought to your attention the fact that the book offers = with no
> :>explanation = a set of "selection options" for TD Rebo. What was the
> intent
> :>of providing this information? Please tell us.
> :>
> :>For the record, I have stated publicly in this forum that I hold no
> :>animosity or grudges towards Mr. DeMark personally (esp since i received
> :>both of his books for free and have never purchased anything with his TD
> on
> :>it). I quite respect him if for no other reason than he is older than I
> and
> :>he has certainly seen and done more in this business than I have. He is
> :>very very good at self-promotion.
> :>
> :>My best guess is that you will be disappointed if you continue to believe
> :>that a holy-grail exists. You seem to be very focussed on this and that
> is
> :>why I offer you my opinion.
> :>
> :>Best
> :>Dtrader
> :>
> :>
> :>
> :
> :
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