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LOL, "be real", sounds like Neil anyway I enjoyed your reply was like a
walk down memory lane from the eyes of one involved with the Moon mission.
snip .......
My other big gripe is the
momentum
> > indicator. It has nothing to do with the physical property of mass
times velocity.
This is going to be true with any indicator because there is no physics and
no laws. Just a tick count, time and history of repetition. This is very
thin ice for me to talk about because I have such limited knowledge on such
matters. But common sense tells me that any indicator can never be anything
but a proximity of what price will do no energy 50% at best. Understanding
this reduces the need for the perfect indicator and relying more on price
patterns and price itself. For me fundamentals as well.
Robert
Marlowe Cassetti wrote:
>Wrong Neal, get your facts straight.
>
>We (NASA) understood the lunar gravitational anomaly called Masscons and
>targeted (what we thought was a good flat, smooth landing area from the
>available lunar satellite
>photography) a landing site in the Sea of Tranquillity. We got very close to
>the intended LZ. But when Neal Armstrong approached the target site he
>looked out the window and saw it was strewn with many boulders and large
>rocks "the size of a VW" (Neal's own words) and so they had to continue
>further downrange to a less hazardous landing site. This extended hover time
>burned more propellant. This plus propellant slosh in the reduced lunar
>gravity environment caused the low fuel warning sensor to come on earlier
>than expected. At mission control we almost all had heart failure at the
>close call. Post flight analysis after Apollo 12 (the next mission)
>revealed propellant slosh caused a false reading low level warning light on
>both missions so we fitted ring baffles in the LM tanks.
>
>We nailed every landing site for all lunar landing missions (except of
>course Apollo 13). On Apollo 12, we landed a few hundred feet from the
>unmanned lunar lander. An incredible feat of trajectory and navigation
>analysis and execution.
>
>I rest my case. ... Marlowe
>
>
>
>----- Original Message -----
>From: Neal T. Weintraub <ntw@xxxxxxxxxxx>
>To: Marlowe Cassetti <marlowec@xxxxxxx>
>Sent: Tuesday, September 14, 1999 1:19 PM
>Subject: Re: Stochastics
>
>
>> Be real/ You know the original mission to the Moon missed the target area
>> and nearly wrecked the mission.
>> ----- Original Message -----
>> From: Marlowe Cassetti <marlowec@xxxxxxx>
>> To: Jerry Gress <thegress@xxxxxxxxxxxxx>; Omega List
><omega-list@xxxxxxxxxx>
>> Sent: Monday, September 13, 1999 8:29 PM
>> Subject: Re: Stochastics
>>
>>
>> > I really dislike the use of the term stochastics for this indicator. It
>> has
>> > nothing to do with stochastics. Stochastics relates to a statistical
>> > process.
>> > During the Apollo program at NASA my team performed stochastic studies
>to
>> > determine the variance of everything from orbital parameters to
>> consumables.
>> > It was a key ingredient to the success of the manned exploration of the
>> > Moon.
>> >
>> > Years later as I began to study technical analysis of securities I was
>> > excited to learn that there was a statistical type of indicator called
>> > stochastics. As I examined the formula I concluded it was bogus and
>> didn't
>> > have anything to do with stochastics. My other big gripe is the
>momentum
>> > indicator. It has nothing to do with the physical property of mass
>times
>> > velocity.
>> >
>> > Now that I have vented my disgust, I'm relieved to learn that Lane named
>> his
>> > indicator after a book title. Good move George. It is good that he
>isn't
>> > taking this stuff seriously.
>> > But what turkey confused price rate of change with momentum?
>> >
>> > Now don't get me started on the simple moving average.
>> >
>> > Marlowe
>> >
>> > ----- Original Message -----
>> > From: Jerry Gress <thegress@xxxxxxxxxxxxx>
>> > To: Omega List <omega-list@xxxxxxxxxx>
>> > Sent: Sunday, September 12, 1999 8:24 PM
>> > Subject: Re: Stochastics
>> >
>> >
>> > > And the word stochastic, George Lane chose after a book titled "The
>> > > Stochastic Man" (he could see the future) printed in ??
>> > >
>> > >
>> > > Jerry Gress
>> > > Stockton, Calif. USA
>> > > trader@xxxxxxxxxxxxx
>> > >
>> >
>> >
>> >
>>
>
>
>
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