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  1. J

    Trend Following-Trend Commandments

    "Price Physics" is bunk, plain and simple. I have a good enough background in physics, math/stats, finance/econ and trading system development to make that call. Maybe it's changed since 2005 or so when I bought the manual and observed the chat room for a bit, but I doubt it. People tried to...
  2. J

    Trend Following-Trend Commandments

    The problem is, bwolinsky himself is a CPA and self-proclaimed stock exchange owner...yet he buys into esoterica from would-be ET gurus that's supposed to be accepted prima facie. No serious CTA says they "believe in Price Physics" yet can't produce any audited performance records. Oh, well...
  3. J

    Trend Following-Trend Commandments

    Maybe you, Hershey and the "price physics" mystics can post YOUR real-time, third-party audited performance summaries first. Oh, wait...
  4. J

    Don't risk your money on myths

    Jack, Just run your signals through Collective 2, Covestor or a similar site. No one has to know what kind of alchemy you perform with the MACD and Stochs. And you don't have to sell your signals or manage money. Just prove your worth on a long-term test. At least people will have a...
  5. J

    Elite Trader seems quieter than usual today

    You just described yourself perfectly. Thanks. It's the only cogent statement you've made so far. The purpose of market-timing studies is to research market behavior and TA tools with reasonable assumptions. Only those on the wrong end of the IQ bell curve make statements like "if I...
  6. J

    Don't risk your money on myths

    In your own mind, sure. In the real world of serious system trading, Prof and Hershey Bar's work would be thoroughly backtested and forward-tested using all of the industry-standard metrics. No one would risk a dime based on pretty charts and esoteric theories.
  7. J

    Don't risk your money on myths

    That's why all of your live trading attempts (Collective2 and Covestor) have ended in losses? Murray is a very knowledeable system developer and analyst. Prof should let someone like him test his system, per Murray's normal and rigorous procedures. Not some "look at the program in its...
  8. J

    Elite Trader seems quieter than usual today

    Wise words, Denner. We should have listened to you and not let this go beyond one page.
  9. J

    Elite Trader seems quieter than usual today

    I hope you're trolling, cause this is just getting worse and worse. I never said the golden cross was a reliable indicator the next secular bear market, either. I said it beat buy-and-hold as a basic timing system. That was really an aside, but you wanted to make a big deal about it then...
  10. J

    Elite Trader seems quieter than usual today

    No need for all the quibbling. Just admit you were wrong. 1) No one trades a long-term system like this (maybe 1 trade a year on average) on a 100% long-100% short basis. They're always 100% long-100% cash to take advantage of the general uptrend of stocks. Look at the work of Mebane...
  11. J

    Elite Trader seems quieter than usual today

    Nope. The data say otherwise: http://www.optionetics.com/market/articles/21577 You have to remember that you'd avoid the bulk of an 80%+ drop during the Great Depression and at least three other bear markets in the 50% range. Plus, 50/200 doesn't whipsaw nearly as much as a stand-alone...
  12. J

    Elite Trader seems quieter than usual today

    A sample size of 1? Is that how you judge a trading system? In reality, more than half the downside crosses don't work--they often happen just before a rally (i.e., 10-20% corrections). However, if you use 50/200 as a trading system, it does beat buy-and-hold over the long-term. You...
  13. J

    Get Out Now!

    You never gave a sell signal, fool, and now you're still touting the same bullish fluff? You acted as if we were on the cusp on a huge new bull market when the blow-off top was only 10% away in April. That was simply noise, greed and newbie traders...as always.
  14. J

    Elite Trader seems quieter than usual today

    A great example of horrendous critical thinking skills: http://www.elitetrader.com/vb/showthread.php?s=&threadid=211996&perpage=6&pagenumber=1 Oh, was that from Canadian schools? My bad.
  15. J

    Get Out Now!

    Permabear vs. Permabull madness. Vulcan and you should go on Jerry Springer or something.
  16. J

    Elite Trader seems quieter than usual today

    Strong earnings due to what? Lots of cost-cutting and squeezing as much productivity as possible. What corporations (wisely) haven't been doing is hiring, raising wages, taking on new projects/investments, etc. This has been a far cry from the 1980s-90s. The earnings revolution via...
  17. J

    Elite Trader seems quieter than usual today

    If he were smart, he'd know this market was a bargain back in December when the S&P was almost 1250. Some other genius posted a thread about it: "Smart money knows this market is still fairly cheap and is buying it up..."...
  18. J

    The Surf Report--part 2

    He's strangely silent. Maybe selling his exchange for a few billion this morning?
  19. J

    Bachman promises 2 dollar gas!!!!!111

    Uh, no. Adjusted for inflation, gas was still cheaper from the mid-80s to late 90s.
  20. J

    The Surf Report--part 2

    Uh, nice call? Was the price physics out of whack or what?
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