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Re: [RT] Until The Quants of The Board Are Gone



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Bob,
 
You have my unconditional support.
The list definitely needs to be cleaned up and 
return to trading discussions.
I have also routed quant, ric and a couple of 
others permanently to the delete bin.
Email message rules are wonderful.
 
God Bless and best wishes in all your future 
endeavors,Tom
<BLOCKQUOTE 
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  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  BobsKC 
  
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Tuesday, April 02, 2002 5:37 
  PM
  Subject: Re: [RT] Until The Quants of The 
  Board Are Gone
  I have exchanged mail with the list moderator and he has 
  stated that life and travel has kept him from doing much with the real 
  traders list.  I have offered to take the moderator job since he is 
  too busy for it.  I told him that my idea was to have a "board" or 
  team of a few of the older list members who would decide if any rules need 
  added/deleted/changed and would further decide if anyone should be removed 
  from the list.I currently handle several mail lists as owner/moderator 
  and as I am not employed outside trading, (sold my businesses in '97), I 
  have the time to take care of the list if there are no 
  objections.You can mail your thoughts/support/complaints about this 
  idea to George at rtmoderator@xxxxxxxxx or to me directly, if you 
  wish.  (I do have mail routed to dev nul from thequaint and ric 
  ingrem .. or whatever their names are), but would be pleased to hear your 
  thoughts and ideas as to how we can keep our list together and keep the 
  people on it who contribute the most.We really need to get our list 
  under control again.. .. It's a great group of people here but the 
  constant discourtesy and psychological nonsense needs to go away and be 
  replaced with consideration for others while sharing ideas and formulas 
  for success.BobAt 03:52 PM 4/2/2002 -0500, you 
  wrote:>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.><A 
  href="http://www.cftc.gov/ogc/oporders99/ogcr_wtechnical031699.htm";>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>><A 
  href="http://www.nfa.futures.org/basic/text.asp?";>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,>  
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