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Post# of 8725
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Myst

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Followers 62
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Boards Moderated 3
Alias Born 03/28/2002

Myst

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Re: aptus post# 4106

Saturday, 01/04/2003 5:50:04 PM

Saturday, January 04, 2003 5:50:04 PM

Post# of 8725
False statement #1

"...When Myst entered the thread, he stated certain things that weren’t true, such as AIM and x-dev providing similar trading signals"

The truth -

You say I made statements that weren't true. I said they were true and provided the proof in the form of actual spreadsheet charts. http://www.investorshub.com/boards/read_msg.asp?message_id=646774 Nearly every comparison I ever ran I compared to AIM's signals and I provided my spreadsheets freely to all that wanted them in the early stages of my research. Surely you were around back then Aptus. Did you conveniently forget? Even the most compelling argument I just displayed in my post to jimbob you failed to mention. Take another look at the spreadsheet results and comparison using Lichello's 10-8-5-4 example. You can't recognize the similarity even when it slaps you in the face? Or is it that you simply choose to ignore it? The only difference between the 2 algorithm's is one extra buy and sell recommendation by X_DEV. All signals were generated by the algorithm.....I just didn't paste little green and red arrows on the chart to make it look similar.

False statement #2

"....I showed that because AIM’s recommendations are based on the Portfolio Control and x-dev doesn’t have a similar structure, that the recommendations could not be similar. In essence I said that AIM and x-dev were not related other than x-dev using the AIM concept of sizing trades"

The truth -

You didn't "show" anything, nor did YOU provide any credible evidence that the 2 didn't have a similar structure. You just stated what you thought was a correct assumption, and you were wrong.....again. I have provided numerous examples of how and why X_DEV shares a similar structure to AIM. I don't care to go through the 1200 posts I have made here at ihub and provide you with yet more evidence. You can do so if you wish, or if I feel like it I will explain it to you once again in another post. Right now I have to clarify the garbage in your previous post.

False statement #3 -

"....Now Myst is claiming that because x-dev is available, my comments are based on the fact Automatic Investor is losing business to x-dev and I’m trying to discredit x-dev. This is completely untrue. As I tried to get across to Myst, x-dev is not an Automatic Investor competitor. It doesn’t replace any AIM based software because it uses a different algorithm. Therefore anybody who truly wanted to use AIM would not be using x-dev.

The truth -

The algorithms, while different, are similar enough in structure that X_DEV could replace all AIM based software for those interested enough to understand both programs. Both programs provide signals based on deviations and then size trades based on those deviations. AIM provides signals based on the deviation of stock value to portfolio control minus SAFE. X_DEV provides signals based on the deviation of price midpoints to a moving average of price midpoints times a multiple divided by the portfolio value. Both break down and size trades in partial amounts. Both use cash management techniques to manage risk. The only difference is X_DEV allows the user more flexibility to control the investment due to changing market conditions and trend. What I feel is an important advantage over AIM BTB.

False statement #4

"....My main goal was to demonstrate the differences between AIM and x-dev and to provide Myst with some suggestions on how to go about properly backtesting x-dev.

C'mon Aptus, your main goal was to try and point out what you perceived as X_DEV faults through skillful manipulation of words, such as the following statement....."...The "mechanical" part comes from the fact that once you've started it you rarely have to fiddle with the knobs. If you start fiddling with the knobs based on non-mechanical inputs (such as emotion), then the system is no longer a mechanical one.
You suggest you don't have to adjust AIM's parameters but with X_DEV you do and based on "emotion" no less. X_DEV'rs know that parameters need only be changed if a major trend shift has occured in the time frame they are trading. They even know there are specific X_DEV indications of when a possible trend shift is about to occur or has occured. The point is having the freedom to choose the best path for their investment, and not having a black box dictate how there money should be handled. Also from what I hear, as I haven't had any desire to use your AIM based software, your own AI program has many "knobs" to fiddle with as well. Pretty hypocritical statement you made, don't you think?

Blatant false statement #5 -

"...My other goal was to try to get Myst to validate some of the claims he was making. It seemed to me that he would say something that sounded outrageous and then sidestep the issue when somebody asked for the underlying data and proof to back up his claims.

Where is the proof of this? Let's see it in print. To my knowledge I haven't said anything (especially "outrageous") that I couldn't support. When anyone has asked in a polite way for evidence or proof of something I said, I've always gone out of my way to provide it. If I couldn't provide an adequate answer I'd try to explain why as best I could. If YOU are going to make a statement like the one above, how about providing some facts to back it up.

False statement #6 -

"...Unfortunately I now find Myst telling you that I’m trying to discredit x-dev. He’s turned the focus away from my true motive, which is to obtain facts about how his claims of increased returns and lower risk can be achieved with x-dev, to one where he’s claiming my ultimate motive is to sell more software packages at x-dev’s expense."

The truth -

That's exactly what you are doing unless you prove otherwise. You could have come to this thread and asked in a polite reasonable way many of the questions you may have had. Did you? No. I gave you the courtesy of answering all the inaccuracies on both of your posts in a polite manner in your AIM forum. How did you reply? With all the hostility you could muster. Why so hostile Aptus? What exactly are you afraid of? Why haven't you come here with your obvious interest in X_DEV and asked your questions? I've explained why I have gone to the AIM thread on occasion. What's your reasoning behind all the hostile attacks and the inaccuracies you are stating?

You say "...If you read my posts you will see that I have made statements based on facts and have disputed some of the things Myst said based on facts. Myst has made statements based on his opinions"

No sir. Your statements are based on a lack of understanding and far from being facts. You have disputed my answers with a questionable motivation, hostility and have manipulated my answers to alter peoples perception of X_DEV. And THAT is sad on a number of levels. You could have attempted to discern the facts by coming here and asking in a respectable manner. You have not.

I'm am quite sure you have a very good working knowledge of AIM and are a skilled programmer. We could have had many interesting polite debates on both algorithms and software programs for not only our benefit, but the benefit of all interested parties. Instead YOU chose to attack and remove that possibility.

And that is all I have to say on the matter. This thread has been an excellent example of polite and respectful posts and I do not wish to muddy it further with posts of this type. However, when someone tries to deceive or mislead others with statements about me or X_DEV it becomes necessary to respond with the truth.

Aptus if you want to be anything less than polite I'd request you do it privately and not waste any more of the good people who visit this threads time. If you can't be polite I will forced to remove your messages.



~Myst~

~Mystic One~

http://stockwerld.com
(What matters)
http://www.investorshub.com/boards/board.asp?board_id=2543

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