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RE: zero balance



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AnD

for those who have read the *real* old works ie,
hamilton, dow, schabacker and even 'reminicences' --
there are many many references to the volatility
phenom, though they never termed it 'volatility', but
certainly without a doubt they knew the conditions
that seperated volatile from non-volatile markets and
traded accordingly.  

i'd say the concept is at least 100-125 years old.

RNM




--- Bill Wynne <tradewynne@xxxxxxxxxxx> wrote:
> Didn't LW "discover" volatility
> contractions/breakouts
> circa 1994 (5 years after Toby Crabel's NR7 /
> Opening
> Range Breakout Book)? Kind of reminds ya of a bunch
> of
> 5 year olds sitting around: "That's mine! No it's
> mine."
> Yada yada yada.
> 
> BW
> 
> >From: multitrak@xxxxxxxxxxxxxxxx
> >To: omega-list@xxxxxxxxxx
> >Subject: RE: zero balance
> >Date: Thu, 22 Mar 2001 11:38:45 -0600
> >
> >Yeah, and let's not even get into the stochastic
> (George Lane) vs %R (LW)
> >wars....Larry states outright in his book (LTSTSTT,
> p. 6) that "George did
> >not invent Stochastic...." and implies in the same
> paragraph that GL was a
> >crook!
> >
> >MT
> >
> >truth is indeed stranger than fiction among "the
> legends"   ;-)
> >
> >At 08:50 AM 3/22/01 -0800, John Hamon wrote:
> >>the most astonishing part of this is that larry
> williams is actually
> >>claiming credit for market work that was done in
> the 30s.
> >
>