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Ira,
I hate to bust your bubble but in today's
environment of computer logic it is
a fact that computers are programming themselves
based on observed
phenomena. And if we admit that all human
emotion is wrapped up in the
price changes we see then the computers that
program themselves will
EVENTUALLY overwhelm us in their
trading.
Clyde
- - - - - - - - - - - - - - - - - - - - - - - - - - - -Clyde
Lee
Chairman/CEO (Home of
SwingMachine)SYTECH
Corporation email: <A
href="mailto:clydelee@xxxxxxxxxxxx";>clydelee@xxxxxxxxxxxx 7910
Westglen, Suite 105
Office: (713) 783-9540Houston, TX
77063
Fax: (713) 783-1092Details
at:
www.theswingmachine.com- - - -
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<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Ira Tunik
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Sent: Monday, February 25, 2002 11:45
AM
Subject: Re: [RT] Vegas Anyone?
Who was it that programed the computer? Certainly not
another computer. Sothe computer has a greater degree of error
probability when the answer to aproblem is partially visual and
partially mechanical as trading is. Also,who is it that sets the
parameters for the computer to act? Anothercomputer? I don't
think so. Ira.TheQuant wrote:> Hello Ira,>>
IT> What about the skilled gambler or trader?>>
Honestly, I do not belive that their
are any skilled traders or> gamblers who could possibly keep up with a
computer. Remember when Big> Blue beat that guy at chess?
How many more games in a row around the> clock could that guy play as
compared to the computer. Furthermore how> many more times would the
computer win and with what consistency rate?> Consistency is the name
of the game and man is not.>> --> Best
regards,>
TheQuant
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