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Dans un courrier daté du 27/01/99 00:01:57 Heure d12iver Pari57 Madrid,
markbrown@xxxxxxxxxxxxx a écrit : ( was transmitted by)
Please find below the necessary decoding
> Our company is heavily involved in market analysis and custom
> software development for all kinds of market related purposes and we
> have the capability to create a relatively cheap software that will
> work with low cost (or even free) real time and historical datafeeds.
> Such software will have all the useful features afforded by current
products
>
> on the market plus more. We don't intent to include "more" as a gimmick
> as it will simply depend on what you, traders, want. "More" is what this
> software is all about as it will be developed according to your needs at
> the lowest possible cost.
>
Cheap and better than anything existing : the target is obviouly some stupid
people who could believe this.
Companies like Omega (25 000 TS copies sold, ONLY, 200 people involved in it,
and they take a lot of time to build TS2000), but this one will do better for
a cheaper price and give away the source code for $1495. ( precise to the 4th
digit!).
The reality should be obvious to anyone: A true genius was living on this
planet and we were not informed until now.
> One of the major advantages of such software is that it will
> utilize Datek's real time quote feed (Datek customers may be familiar with
> Streamer that provides realtime streaming quotes for no charge). Compare
> that to paying $200+ every month to Signal or BMI to feed your
Tradestation.
>
Oh oh.
The problem is still money again.
Spare some bucks on the feed and trade futures with a max dd and deposit that
has nothing in common with the yearly spare amout.
Obviouly, they have understood what is the futures game.
> The software will also use PCQuote or any other compatible TalTrade feed
> which can be obtained $75.00/mo (basic feed). In addition, as more free
data
> vendors appear (and doubtless, they will) we will provide for their
> protocols in the software.
>
OK, OK. Very easy, as to develop the UMDS 3 server
> Now, the cheap data feed is by no means the most advantageous
feature.
>
> The software will be portable to any platform (Unix people will be happy
> to hear this) as all of its components are being written in Java. In
> addition,
> programming-savvy people will be able to utilize Java's full capacity
> for data analysis. E.g., they will be able to write your own routines for
> analysis, graphing, notifications, backtesting, staistics, etc. This is
much
>
No problem.
They may also add an automated microwave owen to the software.
Do you know how many traders have lost money because they were going to warm
their hamburgers when trading realtime ?
When back to their seat, the market was on the wrong side.
Should they have the microwave software, they could beat anyone by monitoring
the S&P AND the hamburger.
> more effective than using TradeStation's EasyLanguage or other means of
> describing trading ideas. Of course we realize that learning a full-blown
> language may be outside of most traders' scope and thus we will provide a
> watered down interface to Java similar to EasyLanguage.
>
Yes, yes, that's right.
EL has been around since 1987, and the old tune is still here.
> Now, this is not all, as we will also offer a module that can
> automatically place orders with some Internet brokerages based on
long/short
> calls made by the software. This may be a risky feature, but we can see
> many traders welcoming it. Process Driven Trading (PDT) is currently
> available to instituions only and now we can bring it to the professional
> market of individual traders.
>
This is not risky if the buy / sell command is very different of the on / off
microwave owen.
Sam apply for the heating time command and the number of contracts command.Be
aware to choose:
Buy 1 SP contract and warm the hamburger for 30s and not the reverse.
> Finally, for those who would like to enhance the software we can
> provide the source code to the entire package. None, and we repeat, none
> of the current vendors can afford to make such offer.
>
That's right.
None will do.
> We feel that the above features are completely new to the
professional
> market and they alone should raise some interest among the traders. Of
> course,> all the usual features expected from such software will also be
available.
> Moreoever, this software is currently under development and is far from
> production release. Thus we will be more than happy to hear of any features
> that you would like to see implemented.
>
Maybe an automatic ketchup pump.
> Tentative pricing for the software is targeted to be as follows:
> ----------------------------------------------------------------
>
> Basic package (includes everything except for trading module
> and source code): $599.00
>
> Trading Module: $299.00
>
> Source code for all of the above: $1499.00
>
> Also, custom programming services will be made available.
>
>
Hmm...
See haw this paragraph is well typed and very clear.
This is where you can for sure detect the true vaporware in action.
> There is a lot more, but we'd like to keep this announcement short.
> If we get enough interest in our software, more details will follow. We
> would like to hear what you, active traders, need from a software package
> such as this or whether you are completely satisfied with what is
> currently available and feel that yet another analytical package has no
> place in this market. We are very open to constructive suggestions and will
> do our best to meet your demands.
>
If I got new ideas, I'll let you know.
Thinking of a mustard distributor too, but I do not yet know if it will work
under Unix.
> Please send all feedback to mitch@xxxxxxxxxxxxxxxx or simply post
> a response below.
>
I will not do.
This post is for Omega List internal use only
> Many thanks!
>
I understand your position!
> Sincerely,
Hmmm....
-Pierre Orphelin
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