Jack Hershey View profile
More options Mar 3 2002, 12:34 pm
Eddie is an former contributor here; he pooped out a while back for his
reasons. As such, a lot of people can identify with him. His viewpoints of
me have been fairly consistent, a lot of people identify with these too.
Like nkhoi and uenal. He says:
I have concepts that I espouse.
I am a master of my writing style.
I have some powers that I use.
He feels the concepts do not work, that I write poorly for him to be able
comprehend, and he wants to protect others from my intimidation.
To be helpful to Eddie, I recommend a concept that will work for him: put me
on ignore.
If he can't understand this or it's intimidating (sort of sounds like it to
me) or it's not to his liking, then he should continue to be my foil as he
has in the past because he enjoys it. I can use his comments to clarify
where he is coming from and the possible ways to undo the situation he is in
and why he got there. It is helpful to me too when I do this because I can
focus on the NLP aspect of where people get stuck in not becoming wealthy.
We can use Van Tharp, Tad James and Meyers-Briggs as the focus.
Eddie always makes requests of me and others, without exception. He needs
several things this time:
One simple testable trading pattern.
An acceptable test, to him, to show "a positive expectation" for the above.
So lets see if Eddie wants to put me on ignore of if he wants to be my foil.
What I am personally going to do is imagine this as a junior high classroom.
And Eddie is there too most days. He has loads of Arm's and uses them. I do
not want to expand on this classroom scene at this point but I do want to
see it develop into a sophisticated place to get the record straight on this
lap with Eddie. If you goggle Eddie you can see the other classes he is
attending and how he is using his Arm's in them.
The simple trading pattern, a concept in TA, that I think will be most
rewarding for Eddie to begin with is the support/resistance pattern that
forms all trends and non-trends.
The other item, "a positive expectation" is Eddie's job to create since it
is his test criteria. He might do it at various levels of significance.
Level one for me is done with a straight edge and an eraser and a pencil and
a thousand charts. I will be looking for two points on the bottom and two
points on the top. We may get into details related to making money. I will
scour my notes to find a simple rule that might apply if Eddie gets to the
place that besides a pattern you need a corresponding algorithm or a least a
couple of rules. So far he hasn't understood this as yet. I prefer to
forward test these things but back testing should not be too hard if anyone
wants to do it. If Penal does it, then I recommend that he set up a Asian
distribution in his plan before he embarks on an analysis. This will help
Eddie out a lot because he needs to learn what a valid and statistically
significant test is.
I especially like the second item, because I think we can all find out what
"a positive expectation" is very soon or never if the term is in the
incoherent category. We can put all the concepts that do not meet this
result in a category that is the subset of things that do not work for
people like Eddie. Eddie cannot use the whole spectrum of concepts because
of his personal programming. The pair that exists for making money is: the
algorithm and the operator. An algorithm might work but the operator might
not work. For example, Eddie has determined at this point that I have
concepts, he says, and he says as a topic sentence that I can't trade. I am
an example of the pair. So is Eddie. We do not know his algorithm for
making money as yet, though.
Lastly with respect to the thread, I feel it is fortuitous that the
originator is deep in research of this sort and that he continues along this
path. It draws all this kind of thinking to one place and provides a
terrific platform for what you are going to see until Eddie poops out again.
Eddie Roberts" <nos...@nospam.com> wrote in message news:3C81B254.24816B55@n
ospam.com...
> It's always been my opinion that Jack can't really trade. But he's a
master at writing
> incoherant and rambling posts that intimidate people into thinking he's
got the answers.
> And look at how Dufferdon is totally transfixed by his hero, Jack. So
much so that he's
> actually put up a website (shrine) dedicated to Jack's teachings! LOL!!!
> Jack, if you're reading this, I'll publicly apologize to you in this forum
if you can
> post in clear and understandable English even one simple, testable trading
pattern that
> has a positive expectation. But I won't hold my breath.
> To everyone else, think about the following. If the derivation of
Einstein's formula for
> time dilation during travel through space can be explained to and
understood by freshman
