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For a scientist, the good professor P.O. has unwavering confidence in Omega
Research, in my opinion.
My confidence in OR, however, was shaken a bit when, while preparing the
Prosuite 2000 review for TASC, I came across an article written by William
Cruz entitled: The TEM Trading System and how it all began. It was
published in Jack Hutson's Stocks and Commodities Magazine back in 1987 or
1988, while John Sweeney was the editor(not interim). In the article, Mr.
Cruz describes a remarkable system returning 150% trading the S&P 500 using
this TEM system. Maybe this is why Prosuite 2000i is less than perfect, in
my opinion. Maybe the programmer responsible for de-"issuing" the software
may be too busy trading his/her account using the TEM system and earning
150%. By the way, the article in Volume 5 can be ordered from TASC for
$2.95. What a deal. I just can't figure out why I couldn't find this system
in Tradestation
For what it's worth (not much...sorry prof.), I uninstalled Prosuite 2000i
long before I was fired from the magazine. And the software didn't cost me
a cent. In my opinion, it wasn't worth the disk space. Ask John Sweeney if
he has the software(PS2K) loaded on his machine, and if not, why not?
Stu Evens
Ex TASC staff writer
----- Original Message -----
From: <ribau@xxxxxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Wednesday, November 10, 1999 10:43 AM
Subject: Re: Global answer
> Keep in mind that slow and spotty Internet access is still the norm, and
> it's not especially reliable for real time trading. Maybe in three or four
> years most people will have high speed access and network connections will
> be more reliable, but the Net's not like that today. I've tried web based
> trading platforms before and they lag badly compared to cable or satellite
> delivery, sometimes by several minutes. Another drawback is that since the
> application would reside on a web server, traders will not have access to
> their charts anytime they are not online or can't get online.
>
> >>1) Providing online data from an internet server is a good solution.
> >>WOW and others have developped the technology, so no doubt
> >>that Omega will do what is necessary to make it work.
>
> >>It will use the datafeed from the internet, ready for use in an online
database and that's all.
>
>
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