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Dear Mr. Murray,
Up until now, I have remained on the sidelines, watching your posts
with interest, and some dissapointment.
I am responding now in order to balance the scales a bit, and make
sure that newer traders understand the situation, and are able to
accept both the pros and CONS of your methodolgy.
Mr. Murray, you seem to be a person of some intelligence. I found it
sad that a person of "rare intellect" , should state that any trader who
failed to follow his methodolgy was "ignorant".
The dictionary defines ignorance as:
1. Lacking knowledge : Uneducated. 2. : resulting from or showing
lack of knowledge or intelligence.
I have talked with almost everyone on RT at one time or another.
>From these conversations, I might assert many things about my
fellow traders, but "ignorance" certainly wouldn't be one of them.
There are two possible interpretations of your assertions:
1. You are simply using the term "ignorance" to mean uneducated in
your methodology. This argument is valid.
2. You are using the term "ignorance" as an emotional club to
assert that anyone who is not educated in your methodology is
using up valuable oxygen that a more intelligent life form
could be using to greater benefit.
If you are versed in the
basics of rudimentary logic Mr. Murray, you will note that
this form of argument is refered to as "Ad Bacculum". This
means that you respond to well thought out questions and
arguments with : "Your Mother wears army boots!! " This
type of argument is not valid.
Sadly, from the tone of your posts, I fear your usage is the later
and not the former.
Your last post was a wondrous display of esoteric "facts" that
beguiled the mind, and addled the senses. I found it amusing to
note that one who claims to be such a lover of harmonics would
present such a cacophony of verbage.
You ARE amazing Mr. Murray, but I think I understand the difference
between a prophet and a magician.
Your assertion that traders are too unintelligent to use 8TH grade
math, might also lead to the logical assertion that YOU are
incabable of using anything else.
But let me put my personal views aside and approach this coldly and
logically.
I have an IQ of 185. Under standard psychological testing procedures
currently accepted the "genius" level is 160.
Therefore, under the likely possibility that you were addressing me
under the second argumentative form stated above, your arguments are
unfounded, fallacious and inconsistent.
Therefore, I am adequately qualified to state a few arguments of my
own. I have reviewed your work, and your statements regarding trading,
and it is my assertion that your statements are insupportable, and
untradable. So many points of entry and egress are called in your
methodology, that a trader would be at a loss in picking the ONE
right turning point.
These are my arguments and assertions. Disproving them should be easy
for you. Simply provide a "realtime" trading record of your profitable
transactions, and I will gladly recant.
Until such a time, I will quietly go my own trading way, but everytime
you post such claims and assertions as you have been making, in
the interest of making sure that new traders understand both sides
of the coin, I will , quietly and with much regret, re-post this
message.
I look forward to your response, and the "enlightenment" I am sure to
experience. Until then I shall approach you with the method I have
found most practical in dealing with these types of situations:
.......... silence
Walt Downs
CIS Trading
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