Should Hershey hit the highway?

Should Hershey hit the highway?

  • Yes, it's to the curb

    Votes: 42 49.4%

  • No, leave the sweet old guy alone

    Votes: 43 50.6%
  • Total voters
    85
Quote from jack hershey:

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You are playing with words. Again. You claim not to be a "professional" trader in the attched Word document, and yet you claim to have traded at an "expert level" since about 1960:

http://ibd.meetup.com/75/members/2239980/

Would you care to differentiate between the two distinctions insofar as your response to my earlier post is concerned? How is one such term out of context with respect to the other, in my comparing you with Schwager's market wizards, for the purposes of comparative performance?

Further, you wrote in the attached Word document: "I do not speak about claims," and "I do not make claims." And yet, in the following posts you do just that, under your Grob109 username:

Here, you claim to regularly make 3 times the daily range:

http://www.elitetrader.com/vb/showthread.php?s=&postid=912447&highlight=grob+3x#post912447

Here, you claim to that someone with your trading orientation can potentially make 4% to 7% per day, consistently:

http://www.elitetrader.com/vb/showthread.php?s=&postid=1031210#post1031210

These are not claims? Trying to pin you down to anything is like trying to herd cats. You are a slippery salamander, Mr. Hershey.
 
Quote from Thunderdog:

You are playing with words. Again. You claim not to be a "professional" trader in the attched Word document, and yet you claim to have traded at an "expert level" since about 1960:
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why don't you take a rest?

don't you think you have embarrassed yourself enough?
 
Quote from Thunderdog:

You are playing with words. Again. You claim not to be a "professional" trader in the attched Word document, and yet you claim to have traded at an "expert level" since about 1960:

http://ibd.meetup.com/75/members/2239980/

I go by the financial industry terminology. Both amateurs and professionals trade on an assortment of levels. I am an amateur. My level of trading is unusual amd most people who know me and are aware of my record deem me to be expert.

One thing that can be used to "test" whether a person is a professional is if he derives income (meaning others paying him for services) from doing what he does. You may be in the financial industry and have a parking place and a suite of offices and support people; if they pay you to work there, this makes you a professional if you come to work and accept money for doing something.

I do not do the above.[color]

Would you care to differentiate between the two distinctions insofar as your response to my earlier post is concerned? How is one such term out of context with respect to the other, in my comparing you with Schwager's market wizards, for the purposes of comparative performance?

Some of the market wizards were employed and traded OPM. Others just traded their own money as individuals and did other things related to that for money.

The NFA rules are pretty clear. 208 especially.

Further, you wrote in the attached Word document: "I do not speak about claims," and "I do not make claims." And yet, in the following posts you do just that, under your Grob109 username:

Here, you claim to regularly make 3 times the daily range:

http://www.elitetrader.com/vb/showthread.php?s=&postid=912447&highlight=grob+3x#post912447

Here is the quote from the page: "And I do reach my goal of 3x H-L in ES as a practice." I regard this as an informative statement of what I go for and that I achieve it. For me it is a statemtn of what is going on, no more no less.

You are a person who feels that I said something else whch you have a name for. The name you give it is "a claim". I am an amateur and I am doing something. What you are doing is commenting on my statements. Do as you wish.

My reply to you and others who use the word "claim" in reference to my performance, is that I am not stating or making claims. To me claims are things that appear in certain forms of exposition. I am not connected to writing any of those forms of exposition.

Your descriptions of me are inappropriate in amny many ways for the reasons that you to choose. you have very poor reasons for doing what you do.

At some point, I wish you would turn to other priorities and other use of your time.

I am spending time here replying to you to encourage you to begin to do somereasoning. there are many many people who do what I do and I have had to deal with authorities that made some fundamental mistakes that they had to spend the time correcting at their expense and at my brokers' expense. By persisting in doing as you do even after I have given you an example of people doing things like you do and then their having to correct their mistakes, you are representing yourself as a person who is like they were. you are putting yourself in a place that is unseemly at this point.

Here, you claim to that someone with your trading orientation can potentially make 4% to 7% per day, consistently:

http://www.elitetrader.com/vb/showthread.php?s=&postid=1031210#post1031210

Here is the statement that I made: "the market potential for a front running trader orientation to trading the highest quality stocks (based upon earnings and price performance) runs, on a daily basis 4 to 7 % a day consistently."

These words are a matter of fact as to how the market operates and how it is possiuble to collect the list and observe this happening as the markets operate.

I did a presentation on this and then later redited the illustrated transcript with the addition in bold print of the sunday preparation (actual scan of the notes of the preparation) and about 31 illustrations of the next day (a Monday) unfolding. These 31 illustrations were a series of timely snapshots and commentary about what was happening.

I am Jack Hershey and I am working with real people in real markets and the record of the work is put into a convenient form for those people to make use of by example. The examples that are put up and made available simply follow the statement you referenced and I quoted above.

The reditied document is 77 pages long. And it is ued all over the world at this point by people who are successfully doing PVT.

This is what is happening with many many people and all over the place. The markets do provide the opportunity for anyone to do it. That is just a matter of fact.

The bridge from what the markets offer to making that money offered is short and sweet. NIKE says it all: "Just do it"

These are not claims?

you think they are and people who do it do not think they are. For people such as me and those who are empowered to do it, it is "just doing it". The name ordinarily used in this writing here is usually called "results".

Trying to pin you down to anything is like trying to herd cats. You are a slippery salamander, Mr. Hershey.

You are using an expostory style here that is consistent. I do not use your style of exposition. It may be that you live in a world where how you write and talk is done in the style you use. It is not part of the world that I participate in.

when I am on the range and I am presenting to those thee in my presence itbis as a guest of the Bank of Mexico or, in the US or Canada, as a guest of a rancher who has flown down to Butte to pick me up in his twin. I am talking to the assemblge about range rotation and how to check prennials for stored energy and how to run the cattle to crush the past season's grasses to create a hubris which then avoids shadows in a "brittle environment" (I would speak this in the local language). the hubris then becomes a humic component of the ground (soil) which allows the retention of moisture and the creation of the biota whose waste nurishes the root structure of the perennials causing a high rate of crossovers which eradicate the unwanted perennials and encourage the wanted perennials.

Ordinarily I use a helicopter to corden off the areas I want to use for illustration before I give the tour.

I am responsible for some locations of the world running cattle at four times the rate of oru generations ago. I have name recognition withh 50% of the feeders and growers in Texas for example.

As far as salamanders go, you can check out the diversity index that was created three years before the pasage of PL 92-500. Use volume 2 of the book that was written on the Ford Foundation Grant that was the seed grant for the environment.

you advertising lingo is cheap and tawdry; I am the real McCoy and I could afford to become an expert in any field I wanted at any time I wanted to be able to solve and institutionalize solutions to pressing cultural problems.

To do any thing I wanted, I learned how to make money and make all I needed to get any job done that I undertook.
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the fact that you cannot think or imagine what I DO and who I AM and what I accomplish is just the consequence of the kind of life you live.

I live to create, help others and get any job doen that I am asked to do. I can afford to be the best and I am simply because I work my ass off to understand deeply and totally any problemn that is before me.

You do not come close to getting down to where the rubber meets the road anywher and at any time. I do and I do all of the time.

This will help you figure out why we have never met.
 
Quote from jack hershey:

the fact that you cannot think or imagine what I DO and who I AM and what I accomplish is just the consequence of the kind of life you live.
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Thunderdog, we are going to be "left behind."
 
Jack, the irony is that this is one of the most bogus claims I've seen you make yet. Congrats!
Quote from jack hershey:
...I do not speak about claims... I do not make claims...
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Brilliant Jack! The same reasoning template could have been used by Jim Jones or Marshall Applewhite!

Symptom #6 of cult influence:

Sudden use of a new ideology to explain everything: Like a harpist playing an instrument with a single string, a cult member uses his or her new ideology to explain the entire world--even when it's wildly inappropriate.

http://www.workingpsychology.com/cultdef.html
Quote from jack hershey:

The issue of how all of this stays under the radar is self evident. It is rejected out of hand when people apply the tests of the conventional orthodoxy to the pool extraction paradigm.
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Jack,

The quantity of words in your post is impressive. However, these fine words do not directly address the issues I have raised in my earlier post to Steve Tvardek which you have chosen to respond to. According to you, you make all kinds of money that I cannot even conceive. Your alleged rates of return are unrivaled by anyone participating in the financial markets, either in the present or at any point in history. And yet no one outside of internet forums knows anything about you, despite the fact that you have traded at this "expert level" since 1960. How very curious! The issue of "conventional orthodoxy" is a moot point here. When the financial press or biographers write about trading legends, it is principally because of the returns they have generated, quite apart from how they may have done so. (Particularly since most of these renowned traders do not share their methods with the general public.)

And so, like all of your other posts, this most recent one of yours is also beside the point. I do admire your consistency.
 
I heard a rumor that Jack is really Vic Niederhoffer, who practices here, warms up so to speak, before posting true wisdom on his own site.
 
Then again, he could be Woodie, who tiring of talking to 80 year olds and unemployed shoe salesman in his room all day, comes here to Minister to a more distinguished flock.

I said flock.
 
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