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Thanks Pierre, just spare us your spam will you? After a while it gets really
boring. We all know you are selling your stuff and how great and wonderful it
is and why we are all stupidly missing out on the messiahs gift.
Just use it for yourself, like everyone else of us who is using his own miracle
product without necessarily having to tell it every other second so we get
another one to buy it from us, and let us live in ignorance of your immense
luck.
Have mercy for our miserable souls.
Gwenn
| -----Ursprungliche Nachricht-----
| Von: pierre.orphelin [SMTP:pierre.orphelin@xxxxxxxxxx]
| Gesendet am: Tuesday, October 19, 1999 5:19 PM
| An: omega-list@xxxxxxxxxx
| Betreff: Re: Neuro/Fuzzy Recommendation for TS?
|
|
| ----- Message d'origine -----
| De : Gwenael Gautier <ggautier@xxxxxxxxxxx>
| A : <omega-list@xxxxxxxxxx>
| Envoye : mardi 19 octobre 1999 18:06
| Objet : AW: Neuro/Fuzzy Recommendation for TS?
|
|
| Your conclusions are invalid because you compare a general concept ( AI
| applied to
| trading) with a precise question dealing with availability of a neurofuzzy
| software to TS users.
| Dowload the trial version, do some experiment with it , then afer speak about
| it.
|
| For what I know, all these funds are not using neurofuzzy logic and they have
| not bought
| our software, LCMT included. So what do you want to compare ?
|
| Sincerely,
|
| -Pierre Orphelin
| Neurofuzzy Logic tools for TradeStation
| Free evaluation versions and competitive upgrades available
| web: http://www.sirtrade.com
|
| >
| > Well I happen to have talked to major accounts in the US, in the UK, in
| > Japan,
| > in France and in Germany, and by major I mean people who manage well over a
| >
| > trillion $ collectively. Their view on AI is that it is not reliable, at
| > least
| > doesn't warrant firing managers to replace them with machines. Believe me,
| > they
| > wouldn't hesitate. Now the last public example of AI is what the hedge
funds
| >
| > are doing, and they have not been doing better than traditional funds, if
| > doing
| > well at all.
| >
| > Apart from some well publicized stories like LTCM which was short so much
| > Volatility on the European markets that we came hair close to a bank
| > meltdown
| > in derivatives and subsequent market crash (they held over 40% of the total
| >
| > open short volatility position, with gammas which would have provoked a
| > multiple of 1987 volatility), others have not been doing that well either:
| > See
| > Tiger.
| >
| > BTW if you talk with some of the major CPOs in the industry, you will find
| > out
| > they are not too keen on AI. If the big and smart money is staying away
| > (KIO,
| > US and Japanese billionaires etc), why should I know better?
| >
| > Draw your own conclusions. There is no shortcut to riches, there are only
| > shortcuts to your wallet.
| >
| > Gwenn
|