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Gram:
Perhaps Charlie has flipped coins for so long that he has developed
an unconscious method of flipping the coin to come up on the side
he wishes in order to confirm what he wants to believe. This could
be manipulated by the height, strength of the flip, number of revolutions
and deciding when to snatch it from the air.
Chas
-----Original Message-----
From: Gram <gramario@xxxxxx>
To: realtraders@xxxxxxxxxxxx <realtraders@xxxxxxxxxxxx>
Date: Wednesday, July 07, 1999 11:48 AM
Subject: Coin Tossing
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>>Theoretically we might say:
>>1/. Charlie makes money trading.
>>2/. Charlie tosses a coin and goes long when it is heads, and short when
it
>>is tails.
>>
>> Is it true then that: one CANNOT draw the conclusion that coin tossing is
>>flawed as a way to trade profitably?
>>And further, is it also true that one CANNOT argue that coin tossing is
>>totally invalid, and at the same time accept that Charlie uses it to trade
>>profitably?
>>
>>-----Messaggio originale-----
>>Da: JCDuffy@xxxxxxx <JCDuffy@xxxxxxx>
>>A: nwinski@xxxxxxxxxxxxxxx <nwinski@xxxxxxxxxxxxxxx>
>>Cc: realtraders@xxxxxxxxxxxx <realtraders@xxxxxxxxxxxx>
>>Data: 07 July 1999 16:47
>>Oggetto: Re: Trading Gen: The Duck - Astology
>>
>>
>>>Fact #1: Norman makes money trading.
>>>Fact #2 Norman uses astrology to trade.
>>>
>>>One might argue what conclusions may be be drawn from these facts.
>>>
>>> One conclusion that CANNOT be drawn though, is that astrolgy is flawed
as
>>a
>>>way to trade profitably. As well, one CANNOT argue that astology is
>totally
>>>invalid, and at the same time accept Norman uses it to trade profitably.
>>>
>>
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