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Bang on Lawrence! TS is a toy. We need serious programs that are capable
of serious number crunching like what MatLab and MathCad can do. Engineers,
statisticians and scientists would not use crap like TS and in many ways the
demands of real-time financial software are even greater than the more
"static" data they frequently work on. If OR continues on its present
course, TS in all its permutations and combinations will NEVER, EVER become
the de facto trading-software standard of the future. In fact, it's fate is
being sealed as we speak. I hope you are all preparing. The end is nigh.
-----Original Message-----
From: Lawrence Chan [mailto:stnahc@xxxxxxxx]
Sent: March 30, 2001 9:50 AM
To: brian; omega-list@xxxxxxxxxx
Subject: Re: Why futures truth doesn't care about stealing your system
foucs on money management is a waste of time -
IF the base model does not have the necessary
"edge".
And in fact, there are new models emerged over the
past few years not available to the public that
perform very well during both 1999 and 2000, for 2001
we have to see.
Excalibur cannot test these new models as the design
of Excalibur just cannot handle it, period.
The good news is that nor TS can do it at all :)
-Lawrence
Lawrence Chan http://www.tickquest.com
Home of trading tools NeoBreadth and NeoTicker series
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