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Hello Mark: Thanks for your reply. I think your remarks are right-on. I
agree that the fact that OB is not for everyone may be a plus for its
ultimate value. Nobody ever said it should be easy, especially when it's
free!
Regards, Jack.
----- Original Message -----
From: "Mark Brown" <markbrown@xxxxxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Monday, April 07, 2003 9:30 AM
Subject: Re[2]: Cash vs. Futures Woes
> Hello jack,
>
> jz> Hi David: Does this mean that Oddball's stellar performance (which
> jz> I believe was generated using cash data), as reported on Mark's
> jz> site, falls apart when tested on futures data? Hope not.
>
> i think that like everything in life you have to look at the
> perspective and circumstances. modeling any type of breakout on cash
> would have less replicable results than a counter trend system. In
> fact depending upon the type of modeling a cash based testing can
> yield poorer results in some cases on cash than actual futures.
>
> also time frame has allot to do with it, typically the lower the time
> frame examined the less likely a fill would be able to take place.
>
> there have been some independent tracking of oddball by various groups
> and persons actually trading it. i have heard reports all over the
> place as far as profitability. i would say that you need only to look
> at oddball trades to determine if there are over whelming numbers of
> instances you could have gotten a better price. it's not exactly a
> price movement chaser like most people model.
>
> not say that's bad or good just saying that when comparing apples and
> oranges your taste has to come into play eventually no matter what the
> results are. obviously oddball is not for most people, that may be a
> good thing for it's longevity.
>
>
>
> jz> Regards, Jack.
>
>
>
> --
> Best regards,
> Mark mailto:markbrown@xxxxxxxxxxxxx
>
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