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Hello John,
JC> I think you must have come from the Omega group because that is the
JC> way you act.
Hey! I resemble that remark :)
--
Best regards,
Jim Johnson mailto:jejohn@xxxxxxxxxxxxxxxx
Tuesday, April 02, 2002, 3:52:34 PM, you wrote:
JC> This List Will Die.
JC> Hello Quant and All,
JC> This is living proof you have nothing to offer.No answer to two easy
JC> questions. No..the Quant is above that.
JC> The time it takes reading your response and your writing it would
JC> take more time than for you to tell how you would do it. That tells
JC> me reams.You do not know how to do it.!
JC> No one should be subject to your abuse; especially steady
JC> contributors like Ira and others
JC> If you think I did not know all of the negative aspects about the
JC> systems you mentioned and their creators, you are dreaming. They did
JC> well for a period and then flopped. All of a sudden the creators
JC> became scammers and were regulated and fined. Tell me something I did
JC> not know.I dropped them when they stopped performing not because of
JC> some regulatory article. You probably took the extra time to respond
JC> to me to search your archives on how to respond.
JC> Whatever "qualifications I threw around" were accurate compared to
JC> what you provide [which is zero]. You never offer any qualifications
JC> even if asked and all you do is club away at your keyboard like the
JC> cavceman you call me..
JC> I think you must have come from the Omega group because that is the
JC> way you act.
JC> And the reason you can not elucidate what you have done is probably
JC> that! all you do is critique and do searches which takes most of your
JC> time.
JC> I would ask of you the same questions about testing and you would not
JC> answer in an hour ,let alone a minute. I have done everything from
JC> double blind testing to beta testing and hired the right people for
JC> one minute trading resolution and more. Once again you elude
JC> answering two simple questions by attacking.
JC> I had an idea that this could once again become a forum to express
JC> and retrieve knowledge...but with you on this list that will never
JC> happen.
JC> So drudge away in your make believe world that you are some superstar
JC> of trading with no at bats ever posted nor any batting average
JC> logically.In that way no one can assess YOUR credentials.
JC> I will continue to post but never respond to you or yours until you
JC> come to your senses. As a fact you show signs and aymptoms of mental
JC> disease in your posts. Symptoms like these generally run in the
JC> family tree--like inbreeding. You should seek help.
JC> Having said all that, I would add I too feel very good about myself
JC> and pity you. A babe in the woods I am not and that is a real laugh.
JC> I have just satisfied myself that I have flushed you out like the
JC> farce you are and not worth any more than a nanosecond of my time in
JC> the future.
JC> Dispassionately,
JC> John
JC> ------------------ Reply Separator --------------------
JC> Originally From: TheQuant <thequant@xxxxxxxxx>
JC> Subject: Re: [RT] Time and Motion Trading
JC> Date: 04/02/2002 02:04pm
JC> 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.
JC> It is very hard to communicate to a cave man that world in not flat.
JC> But I will try and not punish you out of my frustration, that is wrong
JC> 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.
JC> Honestly it would be a waste of my time and effort to try and educate
JC> you any further on the subject of trading. When I read below who and
JC> what you think are usable systems. Plus the credibility of the
JC> purveyors associated with those two systems. I would say that the
JC> qualifications you once threw around here as many others have mean
JC> absolutely nothing but evidence of a lack of knowledge in this field
JC> 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.
JC> I have a full minute tell everything you know about testing? Did you
JC> 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].
JC> Master Suite - if the name alone doesn't scream at you SCAM! Then
JC> perhaps the government can educate you better.
JC> http://www.cftc.gov/ogc/oporders99/ogcr_wtechnical031699.htm
JC> Dual Thrust - another systems by another scammer. Find the information
JC> on tHE NFA web site. Also note that the Dual Thrust web site claims
JC> they have a mechanical system, but it's not good enough to trade so
JC> they want to trade your account using their discretion, funny stuff.
JC> BASIC Narrative
JC> UNIVERSAL TECHNICAL SYSTEM INC
JC> NFA ID 0090343
JC> NFA Case No. 87BCC00034
JC> CHALEK, MICHAEL EDWARD 0101247 0090343
JC> http://www.nfa.futures.org/basic/text.asp?
JC> ref=87BCC00034&nfaid=0090343&name=UNIVERSAL+TECHNICAL+SYSTEM+INC&contr
JC> ib=NFA
JC> Tuesday, April 02, 2002987, THE CENTRAL REGIONAL BUSINESS CONDUCT
JC> COMMITTEE ISSUED A COMPLAINT AGAINST MICHAEL E. CHALEK ("CHALEK"). THE
JC> COMPLAINT ALLEGES THAT CHALEK USED DECEPTIVE AND MISLEADING
JC> PROMOTIONAL MATERIAL IN VIOLATION OF NFA COMPLIANCE RULE 2-29(B)(2);
JC> USED PROMOTIONAL MATERIAL WHICH FAILED TO MENTION THE RISK OF LOSS IN
JC> VIOLATION OF NFA COMPLIANCE RULE 2-29(B)(3); USED PROMOTIONAL MATERIAL
JC> WHICH FAILED TO MENTION THAT PAST PROFITS ARE NOT INDICATIVE OF FUTURE
JC> RESULTS IN VIOLATION OF NFA COMPLIANCE RULE 2-29(B)(5); USED
JC> PROMOTIONAL MATERIAL WHICH CONTAINED MISSTATEMENTS OF FACT IN
JC> VIOLATION OF NFA COMPLIANCE RULE 2-2(A) AND 2-29(B)(2); AND FAILED TO
JC> SUPERVISE HIS EMPLOYEES IN THE CONDUCT OF THEIR COMMODITY FUTURES
JC> ACTIVITIES IN VIOLATION OF NFA COMPLIANCE RULE 2-9. DECISION: ON
JC> NOVEMBER 23, 1987, THE CENTRAL COMMITTEE ACCEPTED CHALEK'S OFFER OF
JC> SETTLEMENT AND AUTHORIZED THE ISSUANCE OF A DECISION. THE DECISION
JC> DIRECTED CHALEK TO CEASE AND DESIST FROM FURTHER VIOLATIONS OF NFA
JC> REQUIREMENTS AND TO PAY A FINE OF $10,000.
JC>> But what do you do and what have you done.
JC> Why would I need to tell you? I feel good about myself already!
JC>> Still sincerely,
JC>> John
JC> You are a babe in the woods John.
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