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I don't know but I'm on my way out ... the nonsense now holds sway over
trading. It's a shame because this was once a great group but that all
changed in the controversy following MB's last visit while the group went
unmoderated. There are other trading groups where the good stuff far
outweighs the bickering.
Earl
----- Original Message -----
From: <Zaitzeff@xxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Thursday, July 11, 2002 7:22 AM
Subject: Re: [RT] Re: forecasting-track record
> Who are they letting on this site, anyway?
>
> My goodness gracious; by gosh and by golly. Kent Rollins, who
undoubtedly
> has never made a dime trading compares himself and other purveyors of
> multivariate regression analysis and learned mathematical tomes with the
> practioners of the psycho-babble of the stars, and asks who you would want
on
> your site giving advice and comment. Well, one such psycho-babbler and
> astrological forecaster on Realtraders is Norman Winski, who occasionally
> makes a few learned comments to the group.
> Now, I am over seventy years of age and pre-Alzheimer's is probably
> setting in, but if I remember correctly, Norman in the mid 1970's, started
> with a stake of less than $1000 and in the space of a year and a half ran
it
> up to $1.0 million. That is One Point Oh million in 1970's dollars.
Norman
> was a floor trader on the CBT and market maker on the CBOE for several
years
> and I think still counted as a friend, the President of the CBOE back in
the
> '90's. Norman used astrological forecasting in his trading and may have
lost
> most of his winnings over the next few years, but that is some
accomplishment.
>
> Shortly after Norman originally joined RT, he forecast, on RT, a major
> turn in the market for mid 1997 a couple months in advance, and then gave
a
> heads-up a couple days before. He also gave a time. He missed the turn in
the
> S&P by one minute in the cash and two minutes in the futures. And the
major
> turnaround ran for about three months. Unfortunately, as Kent says, he
gave
> as his reasoning, "Mars is going into retrograde hyperbolic conjunctivitis
> with Andromeda," and not many people listened.
> Well, Norman has won open world-wide competitions in trading, e.g.
TASC
> in '90 or '91, and his kudos are too numerous to mention.
>
> Back in the early '90's, to be a member of RealTraders, one had to be
an
> active trader or a member of the trading profession. But, beginners were
> welcome and encouraged. Unfortunately, now, we will continue to be led
astray
> by comments of those non-Traders like Kent who may never straighten out
the
> non-orthogonality of the independent variables of their data sets.
>
> I don't know about you, but if Norman has something to say, I, for
> one, am going to listen. Larry Z, Seattle
>
> Note for the record: I do not know Norm Winski, have never met him,
and
> am not connected with any of his enterprises. Z.
>
>
>
> To unsubscribe from this group, send an email to:
> realtraders-unsubscribe@xxxxxxxxxxxxxxx
>
>
>
> Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
>
>
>
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