just curious if anyone who pays big bucks to put it on CNBS has something other than a sales pitch.
ZYGO5, anyone looked at this?
Started by
tommyt
, Jan 29 2009 12:52 PM
3 replies to this topic
#2
HoseB
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- Traders-Talk User
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Posted 29 January 2009 - 12:55 PM
just curious if anyone who pays big bucks to put it on CNBS has something other than a sales pitch.
Claims "90% correct on weekly forecasts... and that you should make 25% per year".. If it was really 90% accurate, the returns would be much, MUCH greater than 25%.
40,000 headmen couldn't make me change my mind....
#3
danzman
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- Traders-Talk ~
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Posted 29 January 2009 - 01:15 PM
just curious if anyone who pays big bucks to put it on CNBS has something other than a sales pitch.
Claims "90% correct on weekly forecasts... and that you should make 25% per year".. If it was really 90% accurate, the returns would be much, MUCH greater than 25%.
Looked into it. The problem with the methodology is that there is no
methodology. The guy will say that the high of x date will be greater
than the lows of x date (duh!). He then connects the highs and lows as if
the system caught the high and low.
There are some interesting theories surrounding gravity and the stock
market, but I'm not impressed. Sounds systematic, but it's not.
D
I don't make predictions, I just react.
#4
inamosa
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- Traders-Talk User
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Patterns-based Trader and Investor in ETFs and Futures
Posted 29 January 2009 - 09:08 PM
just curious if anyone who pays big bucks to put it on CNBS has something other than a sales pitch.
Claims "90% correct on weekly forecasts... and that you should make 25% per year".. If it was really 90% accurate, the returns would be much, MUCH greater than 25%.
Looked into it. The problem with the methodology is that there is no
methodology. The guy will say that the high of x date will be greater
than the lows of x date (duh!). He then connects the highs and lows as if
the system caught the high and low.
There are some interesting theories surrounding gravity and the stock
market, but I'm not impressed. Sounds systematic, but it's not.
D
That sounds more like Xyber9 than Zygo5.
Xyber9 is based on gravity.
"Our job is not to predict where the market will go, but to interpret daily price and volume action to ascertain the facts of the current environment and make decisions based on that interpretation."
-Scott O'Neil (son of William O'Neil), Portfolio Manager at O’Neil Data Systems, when asked where the Dow would go in the coming months
-Scott O'Neil (son of William O'Neil), Portfolio Manager at O’Neil Data Systems, when asked where the Dow would go in the coming months
