Quote from Wide Tailz:
The really scary thing is..... as I've progressed thru the development of my own system of market timing, I almost see what you're getting at, although the language barrier is tricky. Binary is not my native.....
You should give a read to TJ Watson JR's autobiography.
IBM was all Endicott from the beginning.
Once TJ got the drift of what he was being told about speed in doing transactions, he finally permitted some one to call sleepy little Poughkeepsie where the standard time division had sone EE's.
It was then that the IBM computer systems were born.
Since I am so old I got to live through the invention of the transistor at BTL. I took a monograph from BTL to college where none of the faculty was clued in. LOL...
When I did go to work, I felt that military stuff was off limits (except for defensive stuff).
Living in the punched card world was an experience. The failsafe aspect of the coding on the cards was a supreme experience.
I feel the shift from scalor to vector in information measurement was the real eye opener for trading systems.
This thread is a REAL experience for me.
Imagine it five years from now when there are quotes that mean something.
The scoring of trends, using binary vectors is just beyond the grasp of DH and MS.
As Dennis was said to have announced, you could run an add in the NYT's and no one in publishing or WallStreet could "GET IT".
The lack of mental processing power that TJ had for electronics is on a par with moving from scalor to vector in making money in markets.
How hard would it be for the industry to change its logic processing from up to increasing.
For me working in computer logic in the 50's was fun. Vaccuum Tubes did get replaced and the voltage analog became a curent analog. But it was almost impossible for older engineers to make that change.
Watch a BTL film on the invention of the transistor. Really drill down on the way a mistake in the lab had to be made for the transistor to be able to work. The credited iventors hadto be shown the mistake and its implications over and over before they got it.
Granularity in markets is where the seed for invention was found.
Granularity is there staring every observer in the face. No one recognizes it. No one can use it.
Anyone can take out a sheet of paper. Can they go through drawing one bar on that sheet and see what granularity gives to them.
Then could they on a second sheet begin to work with any of the market variables.
In five sheets anyone can outline in detail how the three variables work on their own.
here in this thread that was not possible. From a little humor the brainless turn to talking about smart money and their inexperience in being in the presence of smart money.
Obviously the smart money's leading 'tells' are found on my Stretch/Squeeze chart. The math behind it includes the market variable from which smart money's performance is all derived. don't wait for a quote from a pundit on how smart money "tells" are measured.
How many letters of my name have to be typed into a google search for my name to appear? Is google fucking up? I don't think so. Try getting that to happen with any of the pundits quoted in this thread.
You won't find me on facebook. lol....
