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  1. J

    Questions to Jack Hershey

    My questions: 1) If your trading methods are so good, how come you've only entered one public trading contest...coming in dead last and leaving with a 28% loss? 2) If you don't like contests, why not enter your trades on a site like Collective2? 3) You seem to fancy yourself as a...
  2. J

    who is the top trader?

    I'm shocked. I figured the top 10 or 20 traders would all be Hershey disciples and Proflogic students. I don't even see the redoubtable Bwolinsky on there?!
  3. J

    Software Used to Trade Jack Hershey Methods

    Custom program I wrote for my 1981 Timex Sinclair. Just need to find a tape recorder. Once I do, me, Jack and my ancient baby micro-PC are about to conquer the trading world. Be afraid HFTs. Be very afraid.
  4. J

    Occupy Wall Street

    Yeah, it's definitely a joke now with the "poor" teacher's unions and other imaginary victims getting involved. This, on the other hand, is much more serious: http://www.inquisitr.com/148993/the-muppets-occupy-sesame-street/
  5. J

    Smart Money is Long

    The market clearly needs a pep talk from Nine-Ender. C'mon, N-E. Canadian banks. Incredible earnings quarter-after-quarter. The TSX. Say something that will get that promised 2011 rally back on track! The bulls are waiting!
  6. J

    Sell Everything Else and Buy Silver

    That too.
  7. J

    Sell Everything Else and Buy Silver

    Nothing like a meandering ET thread to bring out the weirdness.
  8. J

    Sell Everything Else and Buy Silver

    The example I used had a signficantly larger drawdown. But it tripled in 3 years--and did even better if you cost averaged a few times. Again, it's only "horrific" (or great) depending on the context of the call.
  9. J

    Sell Everything Else and Buy Silver

    Without more specifics (time horizon, profit targets, stops if applicable, whether to average down) both the original call and your criticism are pointless. What if the OP told everyone to "buy silver now" in 2008 after it dropped from $20 to $15? It fell to about $9 before it rebounded and...
  10. J

    Sell Everything Else and Buy Silver

    The better rule is probably: don't sell physical (silver or gold). Trade with ETFs, futures, mining shares, options and the rest. Actually, I might sell physical if we reach one of those famous ratios (16:1 silver/gold or Dow = Gold, etc.), but only if it looks like some financial stability...
  11. J

    Unemployed American Will Let You Hunt Him For $10,000

    You’re missing the point, though. This guy has gone public and advertised his “hunt me for $10K” thing. If he shows up missing, it will be pretty obvious what happened. It might be different if he did this secretively, but they still caught the German cannibal and locked him up for...
  12. J

    Unemployed American Will Let You Hunt Him For $10,000

    There was another movie like that starring Gary Busey (as one of the hunters) and Ice-T, IceCube or one of those talentless rappers as the hunted. Anyway, the whole things is ridiculous. No one in their right mind would shoot him and get locked up for murder the rest of their lives. Perhaps...
  13. J

    Silver down 20% in 2 days

    Or 100.
  14. J

    boxing and trading- a classic fight..

    Yeah, Machida is a better example of an efficient counter-fighter. Silva is a showboat, but good enough to get away with it. To me, Fedor is like a once-great trader who refuses to evolve his game or face the realities of fighting (or the market). Other fighters have gotten better and there...
  15. J

    boxing and trading- a classic fight..

    Watch a really good counterfighter like Jimmy Young in boxing (way back in the 70s) or Lyoto Machida or Anderson Silva in MMA. They patiently wait for openings, avoid getting hit very often and wait for low-risk, high-reward opportunities to strike. Contrast that to brawling fighters...
  16. J

    boxing and trading- a classic fight..

    Not with gays!
  17. J

    Covestor Top 10 and Bottom 10 Clients

    Well, he does charge 1.5% for $10K minimum investment at Covestor. Not sure if he has any subscribers yet. Hopefully Covestor is his only venture. It would be scary if he managed large amounts of funds for clients who can't see his transactions and performance day-to-day.
  18. J

    Tokyo Evacuation

    Well, if any city that size could have an orderly evacuation, it would be Tokyo. I can't imagine the looting, flash mobs, chaos, etc in a major U.S. city trying to evacuate.
  19. J

    Covestor Top 10 and Bottom 10 Clients

    What's the old expresssion...."In God we trust...everyone else must have data"? Any tax returns, account statements, etc. for Prof? Every vendor and their grandmother claims to be a millionaire, have multiple yachts and houses, etc. His claims are no different. If you're going to prove...
  20. J

    Covestor Top 10 and Bottom 10 Clients

    No backtest or any real idea what happens when you combine two systems, but heck, let's go live with this baby...and hope others pay to join us. You go, girl!
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