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FW: Market Timing Hoaxes, Myths, and Scams



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> Ron, news flash, you haven't discovered diddly. You phrase your question
> in such a way that the answer is intuitively obvious to the most casual
> of observers. I suspect you're something of a slow learner if you think
> this is anything new.

This is what educated people call "condescension." Look it up and/or ask
your shrink about it. It's a form of abuse towards another person. I don't
deserve it.


> We hate system vendors and recognize them for the cynical
> con artists they are. You are a system vendor and, a priori, you are a
> cynical con artist.

Do you feel the same way about John Ehlers and John Clayburg? If so, then I
disagree with you. I believe that MOST system vendors are naive hucksters as
you say. However, I think that some of us are serious, sincere, and worthy
of recognition by the public for their efforts. I respect your right to
generalize and say that all system vendors are dishonest, but I hope you'll
respect my right to disagree.

> It won't fly here. The BSometer is pegged to the max
> and we are calling you on it. If it's any comfort, Larry Williams and
> Tom DeMark were run off this list as well so you're in (in)famous
> company. This is not a friendly place for those, such as yourself, who
> prey on the hopes and dreams of people trying to learn how to trade.

The hopes and dreams of people trying to learn how to trade are no better
served by anyone here than they are by me. The bottom line is that ALL
market timing is speculative. I disclose all of my research and findings on
my web site. I receive dozens of emails every year from people who
appreciate my efforts. They only complaints I get are in public forums like
this where somebody is simply trying to demonstrate what a bully they can
be. I don't think you're a very rational person if you really think your
contributions are any more helpful or valuable than mine. Why can't we just
respect and appreciate eachother? Why do guys like you have to try to attack
and ridicule people?

I say that we stop the brawling and attacking, and focus on helping
eachother.

>
> And, yes, I trade the e-minis with a mechanical system and I won't
> discuss it further. It's not for sale and you can take your "proof" and
> shove it.

Yes, that's what I would expect from a guy like you. Tell us: How much
income did you report from trading the last 3 years? I reported none,
because I didn't make any money. Are you willing to make the same disclosure
and prove it by posting a scanned copy of your year-end brokerage tax
statement here? No scanner? Send a copy to me using the address on my web
site and I'll scan it for you, or go to Kinkos. I don't care whether you
prove it or not, but I personally don't believe you, and my BSometer is way
up too. I'm sure everyone here would be interested in seeing proof of your
claims that you are a "professional" emini trader. Until then, we'll just
have to take your word for it <smile>.

I would submit that it is guys like YOU that do a disservice to beginning
traders, ridiculing others for not making money because they don't do it
YOUR way. I think there that guys like YOU are not disclosing all of the
facts about your trading, and I think it is guys like YOU who are misleading
others into believing they can become professional traders if they listen to
your abstract, subjective, and confusing advice. The "shortcuts" that you
are suggesting to people are no better than the ones I'm suggesting. Why
can't we just respect each other's viewpoint and try to get along?

>
> --
>   Dennis
>