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Bilo,
Is THAT how you trade futures<g>?!
Beam me up Scotty...the only problem is how do I get my cut if I am in the
future?
Regards,
Chris
-----Original Message-----
From: Bilo Selhi <citadel@xxxxxxxxxxxx>
To: Riccardo <riccardo@xxxxxxxxxxxxxxxxxxxxxx>; Omega List
<omega-list@xxxxxxxxxx>
Date: Monday, October 02, 2000 11:26 PM
Subject: Re: Wired 2.07 Cracking Wall Street
>this guys are a fad, just like the chaos
>with non linear dynamics.
>a bunch of theoreticians that decided
>to beat the market with number
>crunching.... ha ha.
>well, they could not beat the roulette
>in the first place.
>
>i read the book they wrote...
> multivariate models + a bit of chaos
>+ non linear curve fitting +
>ga's + model tinkering ( best fit ) +
>luck + oconnor moving the market
>with those orders...
>just about all current technology
>you can throw into the kitchen
>sink to see the future.
>i smiled a lot when i read the book.
>
>and do they have IT? nope.
>they still don't know what the
>underlying structure is and what
>it takes to trade right.
>plus they are talking too much, writing
>books, bragging about it and all.
>no good, no cool.
>those who have IT don't talk at all,
>let alone writing a book and giving
>away pointers left and right...
>the book is worth reading though.
>tells you how a couple of guys who
>never traded but have some brains decided
>to beat the market by pitching their
>"top stuff" to the highest bidder in Chicago.
>bilo.
>ps.
>you know what, 100 years from now,
>1000 years from now, it will be
>the same thing... just different technology.
>you don't need to predict the
>markets to make money ...
>that's what they missed in the first
>place.
>the only way you can predict the market
>is to send a guy one day ahead
>in the future with a one way radio
>you need a time machine for that.
>i have it. any volunteers?
>
>----- Original Message -----
>From: Riccardo <riccardo@xxxxxxxxxxxxxxxxxxxxxx>
>To: <omega-list@xxxxxxxxxx>
>Sent: Tuesday, October 03, 2000 12:21 AM
>Subject: Wired 2.07 Cracking Wall Street
>
>
>>
>>
>> http://www.wired.com/wired/archive/2.07/wall.st.html?topic=&topic_set=
>
>
>
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