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ED
the fact that you were brave to admit that your approch was not valid stop
selling NP and as the result lose money is an approch that few if any are
doing AND I RESPECT .
ELI
>From: "Jim White" <jwhite43@xxxxxxx>
>Reply-To: realtraders@xxxxxxxxxxx
>To: <realtraders@xxxxxxxxxxx>
>Subject: Re: [RT] Software - Pattern Smasher
>Date: Sat, 21 Oct 2000 22:46:45 -0700
>
>Ed,
>Your customers for Natures Pulse are certainly sophisticated enough to
>understand the conclusions of your research.Why don't you do, as any valid
>researcher would do-- publish the methodology you used and the statistics
>substantiating your conclusion. Interested parties could then valid your
>results by conducting their own research. This is the way progress can be
>made in understanding the structure of market movement.Making claims
>without
>substantiation is just pure snake oil salesmanship and I never thought that
>of you.
>Jim White
>Pivot Research & Trading Co.
>Pivottrader.com
>----- Original Message -----
>From: "Kasanjian Research" <ed@xxxxxxxxxxxxxxxxxxxxx>
>To: <realtraders@xxxxxxxxxxx>
>Sent: Saturday, October 21, 2000 3:20 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
> >
> >
> >
> >
> > To unsubscribe from this group, send an email to:
> > realtraders-unsubscribe@xxxxxxxxxxx
> >
> >
> >
>
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