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It is nice to be able to agree with Mr. Duffey for once. The greatest asset that
a tout or prediction or guesstimate has is to stimulate thought. Many times
there is an Item I have not bothered to look at for an extended period of time.
Or a stock I didn't even know existed. The prognostication or question will
force me to look at something I normally wouldn't. I will then look at it and
make a trading decision based upon my system and what I feel it will do.
Sometimes I agree with the one who posted and at times I may take a position
diametrically opposed to that noted. But a service has been done for me by the
poster. Ira
JCDuffy@xxxxxxx wrote:
> The comments below were NOT directed at a Tom (I think Ben wrote the post I
> replied to). I don't know anything about Profittaker. I only know he is right
> most of the time. Therefore I think his opinion, whatever it is based on, is
> worth something. Just me though. Some people need to know exactly what he is
> doing. I respect that. Others need to respect the fact a track record is
> enough for some to consider his forecasts quite a useful tool--- regardless
> of his methodologies. As to why not share?--- the answer is it takes many
> years and many thousands of dollars to learn what he has--- giving it away
> for free would be a bit much to ask. He is already giving me a "hand up". I
> personally would not feel right about then asking for a "hand out".
>
> ancroft@xxxxxxxxx writes:
>
> <<
> I think the only point Tom was making is this: if you are going to make
> predictions, why not share the methodology that allowed
> you to make the prediction? Don't get defensive, just tell us why we should
> believe the forecast. For example, what is
> Profittaker? What methodology does it use? We are not asking for trade
> secrets, just some background information. Thanks.
>
> Bill Bancroft >>
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