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You have an excuse for everything, don't you Jack? Actually jem was talking about the 2002 contest in which you returned -24% and here was your excuse for that: "I did not participate continually as was required of me. So by default, I did hold those positions for a long time that continued...

This puts Jack Hershey in context: http://www.elitetrader.com/vb/showthread.php?s=&postid=1405944#post1405944

How is that an anti-Jack trade? Isn't that what Jack would have done (pick the exact top)?

Maybe Jack thinks he can simply "BE" a great trader to "HAVE" all the financial rewards he imagines? THE BE-DO-HAVE PARADIGM Most people believe if they "have" a thing (more time, money, love -- whatever), then they can finally "do" a thing (write a book, take up a hobby, go on vacation...

Of course not! Unless you become Jack, that is.

OK kiddies, put away the crayons for a few minutes... I'd like to ask a very simple but serious question: who is the "real deal" and who is not? Jack offers a new "paradigm" which he claims is superior to the "conventional orthodoxy." So let's compare and contrast the two with Jack...

That's odd because I've always found that REAL trading success is inversely proportional to claims and bragging...

Apparently, MAK, it's gone over your head that this is prediction. Pretend all you want but it won't change anything. That only works in candyland. "I trade in a perticular category where I am a parasite and I elected to front run the smart money and I deal in a manner that is anticipatory...

I see you have impotence on your mind... that explains a lot. It must suck to be you.

Care for some mustard with that mind pretzel? I see Jack has taught you well! You seem to like the weather analogy, so are you saying that when a meteorologist sees the precursors of rain and makes a forecast, it's not a prediction? Pretend that Jack doesn't predict all you want but Jack...

That's a typo... "Sammuel Clemmens" is stupidity.

All that sound and fury about NOT predicting, then Jack admits that he does last night: "I trade in a perticular category where I am a parasite and I elected to front run the smart money and I deal in a manner that is anticipatory as a consequence."...

I've already answered this here: http://www.elitetrader.com/vb/showthread.php?s=&postid=1404113#post1404113

Go back and and think hard... it obviously went over your head.

Normally one does a forward test after the backtest... and the max DD of yours was in Jan 07. Anyway, how does that saying about bull markets go? Something like, in a bull market, even Jack Hershey might appear to know how to trade. But I still wouldn't believe it without proof. Which you...

Look who's shooting his mouth off now! Did you make it past the 6th grade BTW?

If I concluded that SCT works, not only would I use it, I'd defend it instead of criticizing it. I, too, object to the lack of quantitativeness. And Jack, please spare me your sorry paradigm bull. IF SCT really does work, at least some of it would be testable.

I have several objections I'd like addressed but will hold them for now out of respect for the OP and his wish to debate them one by one. Still looking for your response to Objection #1, Jack.

Well at least you admit that you're an ignorant, bootlicking toady!

Great approach to thought reform. Bravo, Jack! http://www.workingpsychology.com/cult.html