Richard Dennis and Turtles In Chicago Tuesday

Quote from Trend Following:

Richard Dennis along with 4 of his students appeared on stage for the first time Tuesday to talk "turtle trading. Dennis and Turtles Jerry Parker, Liz Cheval, Tom Shanks and Paul Rabar presented and took questions for over an hour. I know 'Marketsurfer' keeps talking of trend following not being viable, but these folks sure paint a different picture in their words and performance about trend following (they used the term extensively in their presentation). Dennis noted that they did 40 in person interviews and approx. 20 were hired. He felt that they would have had the same results with the other 20 not hired...saying that as he sat next to his 4 star pupils. It was a packed room.

Too bad you feel qualified to write a book about them.
 
Quote from marketsurfer:

thanks, pabst.

just want to clarify--the 2k to 200 million was without zero OPM?

I can't say that. Sure, initially his money compounding, but he definitely had clients in the late seventies/early eighties range.
 
Quote from TraderZones:

Too bad you feel qualified to write a book about them.

That is a silly retort. Read the book and tell me how I am not qualified.
 
No problem at all Dave. Hooking me up with Eddie was a very nice deed and I have warm feelings toward you. And yes I knew you were duped in a last ditch attempt by Matador to save face. Hell if that writer for the New Yorker hadn't been there the truth may never have come out.


Quote from marketsurfer:

thanks, pabst.

just want to clarify--the 2k to 200 million was without zero OPM?
if so, that is indeed remarkable. it seems it could have just as easily blown out totally, if LUCK wasn't smiling.....

want to come clean on the niederhoffer saga and your information on the second blow up. i was provided DISINFORMATION prior to the actual story from someone as close as you can get to the situation. hence my adament denial of your story--- i had nothing else to go by and sincerely trusted the provider of my information--- perhaps it was innocent, perhaps it was a last ditch effort to stay afloat, perhaps it had more notorious reasons--- regardless, i was merely acting as advised via email from a high ranking source. as a financial journalist, this was a big breaking story so of course i "wanted to believe" my source.

surf
 
Quote from Pa(b)st Prime:

No problem at all Dave. Hooking me up with Eddie was a very nice deed and I have warm feelings toward you. And yes I knew you were duped in a last ditch attempt by Matador to save face. Hell if that writer for the New Yorker hadn't been there the truth may never have come out.

Guys, you are being fooled by a DOG!!!. Congrats to Pa(b)st! A win is a win! :D

attachment.php


chicagotribune.com
Boxer-Mix 'Pabst' Crowned World's Ugliest Dog

KTLA News

June 29, 2009

PETALUMA -- A boxer-mix with a prominent under-bite named Pabst has been crowned the world's ugliest dog.

The annual World's Ugliest Dog contest was held Friday at the Sonoma-Marin Fair in Northern California.

Pabst was rescued from a shelter by Miles Egstad, of Citrus Heights. Egstad took home $1,600 in prize money, pet supplies and a modeling contract with House of Dog for Pabst.

Pabst beat out former champion Rascal, a pedigree Chinese Crested.

Miss Ellie, a blind 15-year-old Chinese Crested Hairless, won the pedigree category.
http://www.chicagotribune.com/news/ktla-ugliest-dog-contest,0,4097908.story
 

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Quote from Thunderdog:



However, I am prepared to comment on marketsurfer's sycophantic adulation of VN. And so I do. On a risk adjusted basis, VN's trading performance does not compare well with many of the people marketsurfer incessantly criticizes. No one disagrees that, all else being equal, a higher return necessitates a higher level of risk. However, what marketsurfer fails to accept or recognize is that all else is not equal. Demonstrably, VN's risk was more outsized than the return that such risk generated.



no sycophantic adulation from me. VN is a good friend of mine, and i have tremendous respect for his research, intelligence and willingness to share same. Many traders from his tutelege have gone on to greatness, including monroe trout and roy niederhoffer. however, i do not hesitate to criticise VN for being overly aggressive with risk, etc. he is flawed just like everyone else. this does not invalidate his ideas, obviously

furthermore, its up to the investor to decide if the risk is too great, no one else.

surf
 
Quote from Trend Following:

That is a silly retort. Read the book and tell me how I am not qualified.

Besides the fact you felt insecure enough to reply back and ALSO send me a PM saying the same thing,

You seem to forget all the negative reactions you got earlier on ET, and the shill reviews you had planted on book review sites. (you will deny, but I and others have seen it clearly.)

Just because many months have been since you were shredded by a number of people here, does not mean that it has been forgotten.

remember comments about you like this? "I wonder if he can get reviews removed here like he did at amazon? "
 
I'm a little shocked by the amount of negativity here. I'm new to the forum, but I'm not new to trading.

I personally don't follow the turtle trading method, but a lot of my friends do, and they find it reliable.

Richard Dennis is a trading legend, I hope no one will argue with that, and Michael Covel is a well-known follower of that school of thought.

Practicing traders have great respect for both of them.
 
Quote from TraderZones:

Just because many months have been since you were shredded by a number of people here, does not mean that it has been forgotten

TraderZones you clearly did not read my book nor do you posses a complete understanding of the subject. That said, you are right about one thing. Several years ago there was criticism from a very small group who had not read the book. That quickly went away once people understood the facts and story completely presented in "The Complete TurtleTrader".

Many positive reviews for the book on Amazon, from the likes of Brett Steenbarger, Bloomberg, SFO, MTA, etc. understand the level of research and narrative that went into the book. Not to mention the positive statements from many, many Turtles on the first page of the new paperback version. Are you aware of how the most successful Turtle Jerry Parker feels about the book? I am very aware.

That said, I do understand for some of the mentally challenged there must always be a fantastic conspiracy to uncover, and in that sense I welcome all press even if some of it happens to be off the wall press.
 
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