dont u love fake gurus

Discussion in 'Educational Resources' started by traderkay, Apr 26, 2003.

  1. Like in prison there must be no more rooms that's why there are so many that stay on earth :)

     
    #11     Apr 26, 2003
  2. "Fair Games


    The Casino-on-Net "Dealer" is actually a computer. To ensure that performance is truly random. Casino-on-Net uses the trusted MD5 RNG, which provides absolutely random results. The system has been rigorously tested by running millions of rounds and examining results. The system is also systematically tested by Casino-on-Net. To view PriceWaterhouseCoopers' report regarding Casino-on-Net's Random Number Generator, click here.

    Casino-on-Net provides our Members with an Online log of their game results. This information may be reviewed any time, by pressing the "My Game Log" button, and includes the amounts wagered, game results, as well as all Deposit and Cash Out records.

    Casino-on-Net has retained the services of PriceWaterhouseCoopers Inc., an internationally respected and distinguished accounting firm, in order to review the payout percentage.

    The review is conducted on a monthly basis, and includes the Payout percentage of each Casino-on-Net game, as well as the total average Payout percentage of Casino-on-Net."

    Now think about stock market, does it have such an algorithm that does garantuee this ? No the only garantee is ... their puppets like Malkiel claiming it :D

    So if you play the stock market as it is fair whereas it is unfair you will be crushed at longer term (for many are winners for a rather long period before losing suddenly). TA is a mean to detect the unfairness and profit from it instead of being victim of it - although not perfect tool of course.
     
    #12     Apr 26, 2003
  3. nkhoi

    nkhoi

    from court doc the defendant claim
    "I have never had a losing day in the live trading room on the Accutrader trades.”

    "My services have been reviewed by the CFTC and my local
    attorney."

    "I have a file 5 inches thick with correspondence from the CFTC, my attorney and myself."

    "The CFTC did check out all web sites that offer trading techniques, methods or schools for futures trading."

    now we know since he didn't trade he couldn't lose and CFTC did have a file on him, so in essence he is telling the truth, haha
     
    #13     Apr 26, 2003
  4. http://www.angelfire.com/dragon/shareholders/equities.htm

    CCCCH

    Canadian Committee To Combat Crimes Against Humanity



    Press release

    Immediate publication


    To small shareholders and depositors in College Retirement Equities Fund-Stock Account.

    Two activist organizations notify the small shareholders and depositors in College Retirement Equities Fund-Stock Account, so as to provide the safeguard of their investments against actions that in the future shall be taken against COSTCO, a buccaneer corporation that has destroyed the National patrimony in Cuernavaca, Mexico. College Retirement Equities Fund-Stock Account is an institutional COSTCO shareholder.

    Montreal, Cuernavaca, April the 12th., 2003.-


    According to College Retirement Equities Fund-Stock Account’s, annual report, December 2002, a great majority of people working at universities, schools and investigation centers in the United States and United Kingdom have decided to deposit their savings in the mutual fund, College Retirement Equities Fund-Stock Account, as a means to multiply their investments towards a golden pension.

    What those workers probably ignore is that College Retirement Equities Fund-Stock Account, to be able to hand on to them a golden pension, invests massively in war industries.


    College Retirement Equities Fund-Stock Account own assets for $76,878.216 thousands , of which it invests 0.89% in aero-space and defense. College Retirement Equities Fund-Stock Account owns important parts, among other companies, of BAE System (6,125,578 shares / $12,228 million), of Lockheed Martin (2,179.917 / 125,894 million), of Boeing (3,994.369 / $131,774 million) of General Dynamics (1,085.544 shares/ $86.160) of Ratheon (2,142.282 shares / $ 65.875 million), etc. 0.89% of the assets may seem a minimum participation, but just add up numbers in this sample to conclude that participation is not that minimum. Its participation, for the sample of war corporations mentioned here is about half a thousand dollars.


    Don’t forget:


    Bae System commercializes JAS 39 Gripen, air war machine, built by the Swedish corporation SAAB. South Africa readily bought several dozen of those machines. The South African Council of Churches (SACC) begged the Swedish governmental authorities to reconsider this arms sale, and asked them to “pay a particular attention to the consequences for peace, safety and sustainable development in South Africa, The South of Africa, and the whole Continent”. But their pleas fell on barren land. SAAB is the principal partner in British Aerospace (BAE, a conglomerate of companies, including Astrium, Thomson Marconi, STN Atlas, Alenia Marconi Systems and Airbus, and associated to Roll-Royce, Boeing and Raytheon.

    etc. see
    http://www.angelfire.com/dragon/shareholders/equities.htm
     
    #14     Apr 26, 2003
  5. Perhaps it is because I have made two engineering schools: Food Industries and Chemical Petroleum Field : both make me study how to pump liquids and so displace them. In petroleum Fields I learned much of financial techniques optimisation that sure inspired me for my equations :D

     
    #15     Apr 26, 2003
  6. You can pump, but can you also dump?
     
    #16     Apr 26, 2003
  7. You can't pump forever a liquid so you must dump between two pumpings :D

    But Pumping is just an image. Images are never exact. For findind the equations it has much more to do with economic optimisation than with thermodynamics engineering although there are similiraties afterwards but they are always strcutural similarites between different fields. I said and repeat analogy is not a scientific demonstration analogy can only be used AFTER you have found the real causal equations.

     
    #17     Apr 26, 2003
  8. What ticks me off is the CFTC has these guys dead to rights, then accepts some slap on the wrist settlement that does not even involve restitution to the people they defrauded. WTF are they doing to earn their salaries? Get in court and try a damn case guys. Put a little fear into these crooks, not the contempt they feel for you now.

    In other news, we are three years past the bubble and still waiting for the first investment bank crook to go to jail. The only one I'm aware of who has even been charged criminally is Quattrone and that was for destroying evidence. Obviously the government considers file destruction to be more serious than wealth destruction.
     
    #18     Apr 26, 2003
  9. [​IMG]
     
    #19     Apr 26, 2003
  10. CFTC probably claims that they don't have enough resources to try these cases. That's BS. I guarantee you if they only put 3-4 vendors in the can for 1-2-3 years, the frequency of offenses would go down drastically! The crooks don't wanna do time. That would really clean up the industry!
     
    #20     Apr 26, 2003