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This List Will Die.
Hello Quant and All,
This is living proof you have nothing to offer.No answer to two easy
questions. No..the Quant is above that.
The time it takes reading your response and your writing it would
take more time than for you to tell how you would do it. That tells
me reams.You do not know how to do it.!
No one should be subject to your abuse; especially steady
contributors like Ira and others
If you think I did not know all of the negative aspects about the
systems you mentioned and their creators, you are dreaming. They did
well for a period and then flopped. All of a sudden the creators
became scammers and were regulated and fined. Tell me something I did
not know.I dropped them when they stopped performing not because of
some regulatory article. You probably took the extra time to respond
to me to search your archives on how to respond.
Whatever "qualifications I threw around" were accurate compared to
what you provide [which is zero]. You never offer any qualifications
even if asked and all you do is club away at your keyboard like the
cavceman you call me..
I think you must have come from the Omega group because that is the
way you act.
And the reason you can not elucidate what you have done is probably
that! all you do is critique and do searches which takes most of your
time.
I would ask of you the same questions about testing and you would not
answer in an hour ,let alone a minute. I have done everything from
double blind testing to beta testing and hired the right people for
one minute trading resolution and more. Once again you elude
answering two simple questions by attacking.
I had an idea that this could once again become a forum to express
and retrieve knowledge...but with you on this list that will never
happen.
So drudge away in your make believe world that you are some superstar
of trading with no at bats ever posted nor any batting average
logically.In that way no one can assess YOUR credentials.
I will continue to post but never respond to you or yours until you
come to your senses. As a fact you show signs and aymptoms of mental
disease in your posts. Symptoms like these generally run in the
family tree--like inbreeding. You should seek help.
Having said all that, I would add I too feel very good about myself
and pity you. A babe in the woods I am not and that is a real laugh.
I have just satisfied myself that I have flushed you out like the
farce you are and not worth any more than a nanosecond of my time in
the future.
Dispassionately,
John
------------------ Reply Separator --------------------
Originally From: TheQuant <thequant@xxxxxxxxx>
Subject: Re: [RT] Time and Motion Trading
Date: 04/02/2002 02:04pm
Hello John,
JC> If you can respond to the two items below in a non sarcastic and
JC> hamanitarian way I would join QUANT@xxxxxxxxxxxxxxx in a NY
JC> minute.Otherwise my wife is telling me I am spending too much time
JC> on you. And you KNOW she may be right I do BELIEVE.
It is very hard to communicate to a cave man that world in not flat.
But I will try and not punish you out of my frustration, that is wrong
and I apologize in advance just in case.
JC> Dear Quant,
JC> Two items:
JC> 1. How would you do it? An answer and not another critique would
JC> be appreciated.
JC> 2. I am told by those more astute than I with the TS that the
JC> latest model backtests with I minute resolution. I have seen such
JC> backtesting correlate with realtime results whether good or bad.
Honestly it would be a waste of my time and effort to try and educate
you any further on the subject of trading. When I read below who and
what you think are usable systems. Plus the credibility of the
purveyors associated with those two systems. I would say that the
qualifications you once threw around here as many others have mean
absolutely nothing but evidence of a lack of knowledge in this field
which I so arrogantly reside.
JC> I am glad you know I am not a scammer but a seeker of the truth
JC> which often comes by hypothesizing and testing. Forward testing
JC> tells me a lot more than backtesting.
I have a full minute tell everything you know about testing? Did you
do it somewhere professionally where they paid your for your research?
JC> So far you know what I do and how I run my portfolio and my good
JC> and bad mechanical trading years [Master Suite, Dual Thrust, etc].
Master Suite - if the name alone doesn't scream at you SCAM! Then
perhaps the government can educate you better.
http://www.cftc.gov/ogc/oporders99/ogcr_wtechnical031699.htm
Dual Thrust - another systems by another scammer. Find the information
on tHE NFA web site. Also note that the Dual Thrust web site claims
they have a mechanical system, but it's not good enough to trade so
they want to trade your account using their discretion, funny stuff.
BASIC Narrative
UNIVERSAL TECHNICAL SYSTEM INC
NFA ID 0090343
NFA Case No. 87BCC00034
CHALEK, MICHAEL EDWARD 0101247 0090343
http://www.nfa.futures.org/basic/text.asp?
ref=87BCC00034&nfaid=0090343&name=UNIVERSAL+TECHNICAL+SYSTEM+INC&contr
ib=NFA
Tuesday, April 02, 2002987, THE CENTRAL REGIONAL BUSINESS CONDUCT
COMMITTEE ISSUED A COMPLAINT AGAINST MICHAEL E. CHALEK ("CHALEK"). THE
COMPLAINT ALLEGES THAT CHALEK USED DECEPTIVE AND MISLEADING
PROMOTIONAL MATERIAL IN VIOLATION OF NFA COMPLIANCE RULE 2-29(B)(2);
USED PROMOTIONAL MATERIAL WHICH FAILED TO MENTION THE RISK OF LOSS IN
VIOLATION OF NFA COMPLIANCE RULE 2-29(B)(3); USED PROMOTIONAL MATERIAL
WHICH FAILED TO MENTION THAT PAST PROFITS ARE NOT INDICATIVE OF FUTURE
RESULTS IN VIOLATION OF NFA COMPLIANCE RULE 2-29(B)(5); USED
PROMOTIONAL MATERIAL WHICH CONTAINED MISSTATEMENTS OF FACT IN
VIOLATION OF NFA COMPLIANCE RULE 2-2(A) AND 2-29(B)(2); AND FAILED TO
SUPERVISE HIS EMPLOYEES IN THE CONDUCT OF THEIR COMMODITY FUTURES
ACTIVITIES IN VIOLATION OF NFA COMPLIANCE RULE 2-9. DECISION: ON
NOVEMBER 23, 1987, THE CENTRAL COMMITTEE ACCEPTED CHALEK'S OFFER OF
SETTLEMENT AND AUTHORIZED THE ISSUANCE OF A DECISION. THE DECISION
DIRECTED CHALEK TO CEASE AND DESIST FROM FURTHER VIOLATIONS OF NFA
REQUIREMENTS AND TO PAY A FINE OF $10,000.
JC> But what do you do and what have you done.
Why would I need to tell you? I feel good about myself already!
JC> Still sincerely,
JC> John
You are a babe in the woods John.
--
Best regards,
TheQuant
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