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Ed, this would be an excellent opportunity to address the questions
raised in my post regarding the status/future of Pattern Smasher.
Ear
----- Original Message -----
From: "Earl Adamy" <eadamy@xxxxxxxxxx>
To: <realtraders@xxxxxxxxxxx>
Sent: Saturday, October 21, 2000 6:51 AM
Subject: Re: [RT] Software - Pattern Smasher
> Glad you brought up the subject of Pattern Smasher. I was extremely
> taken with the possibilities of using Pattern Smasher when it was
first
> released, perhaps 18-24 months ago. I had a long phone conversation
with
> Eddie Kwong about features and enhancements. One capability which I
> considered essential was the ability to create an output file with the
> historical patterns identifications so patterns could be tested for
> profitability - the released version provided printed output only.
This
> was one of a number of features which were going to be added to the
next
> release. I also understood that a real-time version was under
> construction.
>
> I have checked the Kasanjian web pages from time to time for updated
> information but I have seen none. In fact, the current web page has no
> detailed product information or marketing information. Does anyone
know
> if Pattern Smasher is in limbo or an update is in the works? If not,
is
> there another product which provides similar pattern identification
> search capabilities? Is there a Pattern Smasher user list?
>
> Earl
>
----- Original Message -----
From: "Kasanjian Research" <ed@xxxxxxxxxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxx>
Sent: Saturday, October 21, 2000 4:20 PM
Subject: RE: [RT] Software - Pattern Smasher
> Dear Rakesh,
>
> I believe you are a bit confused with this issue. My decision not to
> continue with the development of Nature's Pulse is based on our
commitment
> to providing our customers with valid trading tools. During the
development
> of the windows version of NP, I spent 6 months trying to automate the
> time/price projections using fibo (and other) ratios. In the process
I
> ended up proving that there is no validity to the technique. So what
would
> you do if you were in my shoes? I can tell you that I knew at the
time that
> my decision would cost me financially. My time is limited and I choose
to
> develop tools that I use personally for trading.
>
> Regarding the use of fibo ratios for making projections. I think it
is a
> good example of the idea that you get what you look for. The theory
is
> convincing. After all, these numbers are found in nature and it is
logical
> to assume that they can be found in the charts as well. We all know
that
> you can find them all over the place in the charts. The truth is that
you
> can also find just as many cases using arbitrary numbers. Try using
0.58,
> 0.42, 0.65 or anything else.
>
> There is a new version of NP available. Contact Geroge Limberg at
> realtraders-owner@xxxxxxxxxxx for more information. George has taken
over
> the development of Nature's Pulse. The new update addresses the y2k
data
> issues some of you are experiencing.
>
> As far as your other comments...I will assume you had a bad week.
>
> Profitable trading,
>
> Ed Kasanjian
>
> www.kasanjianresearch.com
>
>
>
> -----Original Message-----
> From: Rakesh Sahgal [mailto:rsahgal@xxxxxxxxxx]
> Sent: October 21, 2000 06:06 AM
> To: 'realtraders@xxxxxxxxxxx'
> Subject: RE: [RT] Software - Pattern Smasher
>
> Given the pathetic record of Kasanjian Research(KR) in customer
commitment I
> wouldn't be very surprised if KR start promoting a new concept
tomorrow and
> junk PatternSmasher(PS) altogether.
>
> I speak from experience when I term their record in customer
commitment as
> pathetic. I am a customer of KR using their product Nature's Pulse.
When I
> took up the issue of y2k glitches in NP their response was they are
not
> supporting the product any longer and hence unable(unwilling?) to
provide
> any solutions to customers using NP.
>
> To be fair I must add that Ed Kasanjian did offer me PS at the
> discounted/upgrade price. However the fact they could tomorrow tell me
that
> they did not support PS either dissuaded from putting any more money
on KR
> products.
>
> So I for one wouldn't be surprised to hear PS has been junked by KR
for an
> even more "profitable/state of the art" product.
>
> Rakesh Sahgal
>
>
>
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