hmm.no edges in the markets

Discussion in 'Trading' started by chimera, Jul 16, 2013.

  1. http://globalleadnet.com/143/the-secret-history-of-lead-ethanol-on-the-march

    In October 1921, less than two months before he hatched leaded gasoline, Thomas Midgley drove a high-compression-engined car from Dayton to a meeting of the Society of Automotive Engineers in Indianapolis, using a gasoline-ethanol blended fuel containing 30 percent alcohol. “Alcohol,” he told the assembled engineers, “has tremendous advantages and minor disadvantages.” The benefits included “clean burning and freedom from any carbon deposit…[and] tremendously high compression under which alcohol will operate without knocking…. Because of the possible high compression, the available horsepower is much greater with alcohol than with gasoline.”

    After four years’ study, GM researchers had proved it: Ethanol was the additive of choice. Their estimation would be confirmed by others. In the thirties, after leaded gasoline was introduced to the United States but before it dominated in Europe, two successful English brands of gas—Cleveland Discoll and Kool Motor—contained 30 percent and 16 percent alcohol, respectively. As it happened, Cleveland Discoll was part-owned by Ethyl’s half-owner, Standard Oil of New Jersey (Kool Motor was owned by the US oil company Cities Service, today Citgo). While their US colleagues were slandering alcohol fuels before Congressional committees in the thirties, Standard Oil’s men in England would claim, in advertising pamphlets, that ethanol-laced, lead-free petrol offered “the most perfect motor fuel the world has ever known,” providing “extra power, extra economy, and extra efficiency.”

    Wow! Your prenatal powers are amazing, maybe you ought to give some props to your Mom.
     
    #811     Aug 2, 2013
  2. Any downside to engine life?

     
    #812     Aug 2, 2013
  3. Upside is most important:
    Performance = 3 x Daily Moving Range
     
    #813     Aug 2, 2013
  4. jsp326

    jsp326

    But here's the key computation...and it may take a mind as big as Jack's to figure it out.

    3 X ATR of upside * 100 contracts, every day for years on end

    Yet he can't take care of a measly $82K tax lien?
     
    #814     Aug 2, 2013
  5. #815     Aug 2, 2013
  6. Magna

    Magna Administrator

    Appreciate you guys wanting to "run" with Jack's claims... but back to trading we shall go.
     
    #816     Aug 2, 2013
  7. Not defending jack here, but maybe he is a "tax protestor" and just refuses to pay?

    Maybe he doesn't owe the money and its a mistake or a host of other reasons.

    Just saying----
     
    #817     Aug 2, 2013
  8. jsp326

    jsp326

    Well, the mod doesn't want us to drag this out any more so this is all I'll say...

    1) He's had years to explain this and, to my knowledge, he never has. Admittedly, I have better things to do than follow every Jack thread, so maybe I'm wrong.

    2) Given his wild claims on how much money he makes, he should own half of Arizona by now. Those who have done background checks say he owns no real property and is broke and indebted.
     
    #818     Aug 2, 2013
  9. Maybe the name is just an alias and he is having a laugh at everyone's expense?
     
    #819     Aug 2, 2013
  10. http://www.elitetrader.com/vb/showthread.php?s=&postid=3852462#post3852462
     
    #820     Aug 2, 2013