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>
> >> DIRTY DATA + GOOD SYSTEM = LOSS
> >> ( you can't take Ferrari off road , won't work)
>
> not that i don't like perfect data as much as the next person. but if
> good data is necessary to make profits - how then would you explain a
> system like oddball which uses data from not only a different series
> than the one being traded but a different exchange as well?
don't you think that even a simple data error like a digit shift in A D data would not
send oddball ricocheting off the wall?
>
> some "expert" one called the other day to "tell me" ask me if i had
> considered the effects of the week of triple witching. he dictated to
> me that he had a policy of setting out of the market during that week.
> supposedly the market will treat you nasty and whip around taking all
> your money, making systems wither into crap.
wouldn't you think that triple witching data AD issues can fluctuate
a bit more then on the regular trading day?
>
> i kept asking how can oddball be manipulated when it does not even get
> its signals off the market it trades? if the conspiracy is that big,
> that you can get every trader in the world to agree to something then
> enlighten me. i think the model will survive as is because it's as big
> as the market is. plus the gut wrenching it puts you through
> eliminates most would be users.
i don't think oddball can be manipulated, it catches the "macro" market
dynamics and bandwagon nature of buying and selling...
timing the overall market based on AD issues ain't so uncommon.
there are other systems out there that try to catch buying and selling
in whatever form it may be measured... typically options data, open
interest data, ad data, etc...
>
> besides while everyone is looking at historical validation of
> performance, i would "stupidly" suggest that superior minds "read
> computers" suggest that some pilots may be jockeying time machines
> which in retrospect the public may rationalize as self fulfilling
> market behavior and continue to be blissfully happy as the public
> often is. if you know what i just said then you are smarter than i ;-)
don't you think that a sophisticated trading system is not an equivalent of a time machine?
it's telling you with whatever accuracy what will happen T + n time in the future
in price-time space isn't it?
bilo.
>
>
> --
>
> Have a Great Day, Mark
>
> http://www.markbrown.com
>
>
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