Back in the mid-1990's, George Gilder was one of the first technology analysts to identify QCOM as "the next QCOM." In the past ten years, QCOM has gone up 100 fold, going from a split adjusted 50 cents to over $50 and is currently in the mid-$30's.
It is clear from Gilder's newsletter, The Gilder Technology Report, that this decade's QCOM is appearing on his radar screen just about as clear as QCOM was ten years ago. The company in Lanoptics, but the gem is a wholly owned division called EZChip
LNOP is a thinly traded $14 stock, with an initial price target north of $85 according to Gilder. I'm in at lower prices, but if Gilder is right again, it won't matter what you pay for it in 2006, it will be a lot higher in 2008. With that kind of appreciation, one pick a decade is fine with me.
A
Monday, October 30, 2006
Monday, October 16, 2006
Letters to the Blogger
Although I try to answer timely questions here ASAP after they are posted, I also get a lot of private email, general questions about me, about my trading methods and the markets. What follows are some questions and answers that I think might be helpful to everyone, or at least easy enough to answer so as to make me look good.
Allan, you don't seem to be posting much anymore, what's up?
I thought you would never ask. First of all, I don't want to publish blogs just for the sake of publishing a blog, there are enough bloggers doing that. Posting trading ideas is my favorite kind of blog, so they take priority assuming I have the time, have already established my position (you knew that, right?), and believe that there is still enough time to get into the idea and make a buck. AMRI is a perfect example, I bought in under $10, posted it soon thereafter and it's now at $11.00, all in about one week. Win-win-win.
Secondly, I have been very busy since late summer setting up my second investment fund, Northern Sky Partners, II. The story behind NSKY, II is a fascinating example of how the Internet can not only be instrumental in creating wonderful trading systems but can also put the right people together to capitalize and leverage resources. A vulture fund manager on the east coast who is also a reader of my blog contacted me this summer and asked if I would be interested in taking in some institutional investors and managing a fund based on my trading methodologies. I had already done this once, based on my day-trading system, to wit: Northern Sky Partners I. After a little tweaking I was able to adapt my system to accomodate much larger amounts of funds under management.
The only caveat was that I wanted to offer the new fund to my exisiting clients first, before taking it to institutional investors. Well, within about 48 hours of being told of the second fund, all my exisiting clients jumped into the new fund and we were off to the races. Setting things up for the institutions has been an enormous task and we are just now finishing up the dotting of the i's and crossing of the t's. Yes, my blog has suffered a bit because of it, but what a great opportunity for me and my clients, some of whom have been with me since 1983.
By-the-way, NSKY I was up just over 40% in both it's first two years of trading. We must be doing something right.
Who or what is, "Sally?"
One of my many short-term strategies is to buy stocks that have significant insider buying. A trading partner of mine wrote a program that scans the SEC site for real time Form 4 filings that reveal the latest insider purchases of their own company's stock. He named his program, "Sally." We decided to share Sally with everyone, because, (1) technology enabled us to do so with little work on our part, and (2) because we were certain that it would not interfere with our own trading, and (3) because we thought it was one of the simplist of our methods that we could share and give the trading public something for nothing. So Sally is simply a free, real time, insider alert service. Trading these alerts is an art, but at least you have a fighting chance having the information as soon as just about anyone has it.
Allan, I bought xxxx [insert symbol here] at xx.xx [insert price here] and wondered if you think I should sell it or hold it or buy more?
This is probably the most asked question of them all. I usually answer by describing what I did under the same or similar circumstances. But what it usually comes down to is you have a small profit and wonder if it is large enough to take or if the stock is going higher in which case you should hold longer.
LISTEN UP:
I would rather have ten tiny profits then one large wait-and-see.
I, you, he, she, they, them, Nixon, Koufax, everyone, on this blog and reading these words makes money T-R-A-D-I-N-G. They don't call it Buy and Hope for nothing.
Who are you?
My name is Allan Harris. I spent 17 long, hard years as an attorney in Atlanta, Georgia. I got married and had kids, moved to the beach, gave up the law, met a girl, got a divorce, changed time zones and now trade for a living. I love what I do, who I am with and those two teen-aged daughters who miss me, left far across the land and who I hope some day will understand. I played hockey in college and rode a bike every day on the South Carolina beach, but my body has grown older, stiffer, rounder and I sit more now then I move. I dreamed a thousand dreams and lived in-between them all, until about 3 years ago, when magic and fate came knocking and I reached for the golden ring. Who am I? All of the above. Quiet in your thoughts, in a moment of secret wonder.
I never felt magic crazy as this
I never saw moons knew the meaning of the sea
I never held emotion in the palm of my hand
Or felt sweet breezes in the top of a tree
But now you're here
Brighten my northern sky.
So how do we reach you by email?
Click on "View My Complete Profile" and you will be taken to a Contact Link.
A
THIS BLOG POST NOR ANY POST ON THS SITE IS NEITHER AN OFFER TO SELL NOR A SOLICITATION OF AN OFFER TO BUY ANY SECURITIES.
Allan, you don't seem to be posting much anymore, what's up?
I thought you would never ask. First of all, I don't want to publish blogs just for the sake of publishing a blog, there are enough bloggers doing that. Posting trading ideas is my favorite kind of blog, so they take priority assuming I have the time, have already established my position (you knew that, right?), and believe that there is still enough time to get into the idea and make a buck. AMRI is a perfect example, I bought in under $10, posted it soon thereafter and it's now at $11.00, all in about one week. Win-win-win.
Secondly, I have been very busy since late summer setting up my second investment fund, Northern Sky Partners, II. The story behind NSKY, II is a fascinating example of how the Internet can not only be instrumental in creating wonderful trading systems but can also put the right people together to capitalize and leverage resources. A vulture fund manager on the east coast who is also a reader of my blog contacted me this summer and asked if I would be interested in taking in some institutional investors and managing a fund based on my trading methodologies. I had already done this once, based on my day-trading system, to wit: Northern Sky Partners I. After a little tweaking I was able to adapt my system to accomodate much larger amounts of funds under management.
The only caveat was that I wanted to offer the new fund to my exisiting clients first, before taking it to institutional investors. Well, within about 48 hours of being told of the second fund, all my exisiting clients jumped into the new fund and we were off to the races. Setting things up for the institutions has been an enormous task and we are just now finishing up the dotting of the i's and crossing of the t's. Yes, my blog has suffered a bit because of it, but what a great opportunity for me and my clients, some of whom have been with me since 1983.
By-the-way, NSKY I was up just over 40% in both it's first two years of trading. We must be doing something right.
Who or what is, "Sally?"
One of my many short-term strategies is to buy stocks that have significant insider buying. A trading partner of mine wrote a program that scans the SEC site for real time Form 4 filings that reveal the latest insider purchases of their own company's stock. He named his program, "Sally." We decided to share Sally with everyone, because, (1) technology enabled us to do so with little work on our part, and (2) because we were certain that it would not interfere with our own trading, and (3) because we thought it was one of the simplist of our methods that we could share and give the trading public something for nothing. So Sally is simply a free, real time, insider alert service. Trading these alerts is an art, but at least you have a fighting chance having the information as soon as just about anyone has it.
Allan, I bought xxxx [insert symbol here] at xx.xx [insert price here] and wondered if you think I should sell it or hold it or buy more?
This is probably the most asked question of them all. I usually answer by describing what I did under the same or similar circumstances. But what it usually comes down to is you have a small profit and wonder if it is large enough to take or if the stock is going higher in which case you should hold longer.
LISTEN UP:
I would rather have ten tiny profits then one large wait-and-see.
I, you, he, she, they, them, Nixon, Koufax, everyone, on this blog and reading these words makes money T-R-A-D-I-N-G. They don't call it Buy and Hope for nothing.
Who are you?
My name is Allan Harris. I spent 17 long, hard years as an attorney in Atlanta, Georgia. I got married and had kids, moved to the beach, gave up the law, met a girl, got a divorce, changed time zones and now trade for a living. I love what I do, who I am with and those two teen-aged daughters who miss me, left far across the land and who I hope some day will understand. I played hockey in college and rode a bike every day on the South Carolina beach, but my body has grown older, stiffer, rounder and I sit more now then I move. I dreamed a thousand dreams and lived in-between them all, until about 3 years ago, when magic and fate came knocking and I reached for the golden ring. Who am I? All of the above. Quiet in your thoughts, in a moment of secret wonder.
I never felt magic crazy as this
I never saw moons knew the meaning of the sea
I never held emotion in the palm of my hand
Or felt sweet breezes in the top of a tree
But now you're here
Brighten my northern sky.
So how do we reach you by email?
Click on "View My Complete Profile" and you will be taken to a Contact Link.
A
THIS BLOG POST NOR ANY POST ON THS SITE IS NEITHER AN OFFER TO SELL NOR A SOLICITATION OF AN OFFER TO BUY ANY SECURITIES.
Wednesday, October 11, 2006
NNVC - news
NanoViricides, Inc. Presents at FDA Nanotechnology Meeting
Wednesday October 11, 7:30 am ET
Final Draft of Form 10-SB for SEC Submission Completed
WEST HAVEN, Conn.--(BUSINESS WIRE)--NanoViricides, Inc, (Pink Sheets: NNVC - News) President and Chairman, Dr. Anil Diwan, presented a talk at the U.S. Food and Drug Administration (FDA) Public Meeting on Nanotechnology in Bethesda, MD on Oct. 10.
Wednesday October 11, 7:30 am ET
Final Draft of Form 10-SB for SEC Submission Completed
WEST HAVEN, Conn.--(BUSINESS WIRE)--NanoViricides, Inc, (Pink Sheets: NNVC - News) President and Chairman, Dr. Anil Diwan, presented a talk at the U.S. Food and Drug Administration (FDA) Public Meeting on Nanotechnology in Bethesda, MD on Oct. 10.
Tuesday, October 10, 2006
AMRI
AMRI is running this morning, a delayed reaction to the NRPH news yesterday about their ADHD drug. NRPH is up about 90% in 24 hours. Can AMRI be far behind? Here is a link why AMRI is running:
AMRI Announces Long Term Manufacturing Agreement with New River Pharmaceuticals
I bought into AMRI under $10, it's at $10.50 now, but might be headed a lot higher.
A
AMRI Announces Long Term Manufacturing Agreement with New River Pharmaceuticals
I bought into AMRI under $10, it's at $10.50 now, but might be headed a lot higher.
A
Tuesday, September 26, 2006
Tale of Two Timers
Two proven methodologies that I have referred to in the past are Terry Laundry's
"T Theory" and Robert Taylor's "Taylor Trends." I am making note of them here because both of these two very disparate methodologies are converging into a single, bullish view of the months ahead. In fact both are suggesting that there will be a brief decline into mid-October (Taylor) or early November (T Theory) at the latest, then we are off to the races well into the future.
Although both timers can be off on the very short-term, they both have an excellent record of intermediate and longer-term forecasts. According to both, from wherever and whenever we bottom in the coming weeks, the trade of the year is to get long and stay long soon thereafter.
A
PS: Taylor Trends has an interactive member forum up and running, for those who have read the book, Paradigm. It will be interesting to compare notes with others who are following and appreciate these forecasts. You can access the forum at the Taylor Trends member web site.
"T Theory" and Robert Taylor's "Taylor Trends." I am making note of them here because both of these two very disparate methodologies are converging into a single, bullish view of the months ahead. In fact both are suggesting that there will be a brief decline into mid-October (Taylor) or early November (T Theory) at the latest, then we are off to the races well into the future.
Although both timers can be off on the very short-term, they both have an excellent record of intermediate and longer-term forecasts. According to both, from wherever and whenever we bottom in the coming weeks, the trade of the year is to get long and stay long soon thereafter.
A
PS: Taylor Trends has an interactive member forum up and running, for those who have read the book, Paradigm. It will be interesting to compare notes with others who are following and appreciate these forecasts. You can access the forum at the Taylor Trends member web site.
Friday, September 22, 2006
Sunday, September 17, 2006
Back to the Beach
Ah, Kiawah. I'm back on the beach for a week, here celebrating Alana's 16th birthday and to watch her defend her No. #1 seed position on her high school tennis team against two formidible South Carolina Independent School Association Class AA opponents.
The flight Saturday was uneventful. I bought a copy of The New Yorker in the Spokane airport and read it cover to cover during the two legs of the flight to Charleston. The first leg was consumed by a three-hour read on Bill Clinton, a very long article written by David Remnick who followed Clinton from the World Cup final game to a tour of Africa meeting with heads of state in an attempt to do something about one out of four African's having contracted exposure to the AIDS virus. Well written and fascinating, whatever you think of Clinton.
On the second leg, from Chicago to Charleston, I read the rest of the magazine, including an article on the neurological goings on when we are faced with risk:reward decision making as it relates to buying and selling of stocks. It ends up that we are neurologically programmed to be chicken-shits when it comes to economic risks. We make the wrong decisions by giving much more credence to risk then the risk:reward parameters suggest. And that most successful gamblers, traders and investors are able to intellectually overcome this general population's tendency to avoid risk and to view any economic choice for what it is, an issue of probabilities.
At 5:00pm ET I landed in Charleston, picked up my Hertz rental and was off to Kiwawh. I stopped first to pick up Alana who will be staying with me the week, but she insisted on driving her car over to the villa, the BMW X-3 that I shipped to her last month. The Villa is overlooking the beach and has secure wireless high-speed internet, which should help me make the cost of this trip back in trading next week.
Soon Sarah, my 18-year-old joined us and the three of us went to the local grocery store for supplies for the upcoming week. Ilene would be proud. I checked all ingredients for partially hygrogenated gunk...before buying it.
A couple of observations about being back in the southeast. First, instead of a heavy dose of Pac-10 football everywhere on TV, there are ACC and SEC games. Secondly, whereas Washington state is barely aware of tropical storms in the Atlantic, local news here is obsessed with these storms. On the other hand, it's still summer here.
So today will be a combination of beach and birthday activities, with just enough time to write a new blog before Alana wakes up and I become a dad again.
A
The flight Saturday was uneventful. I bought a copy of The New Yorker in the Spokane airport and read it cover to cover during the two legs of the flight to Charleston. The first leg was consumed by a three-hour read on Bill Clinton, a very long article written by David Remnick who followed Clinton from the World Cup final game to a tour of Africa meeting with heads of state in an attempt to do something about one out of four African's having contracted exposure to the AIDS virus. Well written and fascinating, whatever you think of Clinton.
On the second leg, from Chicago to Charleston, I read the rest of the magazine, including an article on the neurological goings on when we are faced with risk:reward decision making as it relates to buying and selling of stocks. It ends up that we are neurologically programmed to be chicken-shits when it comes to economic risks. We make the wrong decisions by giving much more credence to risk then the risk:reward parameters suggest. And that most successful gamblers, traders and investors are able to intellectually overcome this general population's tendency to avoid risk and to view any economic choice for what it is, an issue of probabilities.
At 5:00pm ET I landed in Charleston, picked up my Hertz rental and was off to Kiwawh. I stopped first to pick up Alana who will be staying with me the week, but she insisted on driving her car over to the villa, the BMW X-3 that I shipped to her last month. The Villa is overlooking the beach and has secure wireless high-speed internet, which should help me make the cost of this trip back in trading next week.
Soon Sarah, my 18-year-old joined us and the three of us went to the local grocery store for supplies for the upcoming week. Ilene would be proud. I checked all ingredients for partially hygrogenated gunk...before buying it.
A couple of observations about being back in the southeast. First, instead of a heavy dose of Pac-10 football everywhere on TV, there are ACC and SEC games. Secondly, whereas Washington state is barely aware of tropical storms in the Atlantic, local news here is obsessed with these storms. On the other hand, it's still summer here.
So today will be a combination of beach and birthday activities, with just enough time to write a new blog before Alana wakes up and I become a dad again.
A
Wednesday, September 06, 2006
Paradigm - Update
On April 5, 2006 I wrote a review of Paradigm, a novel written by Robert Taylor which discloses a market timing model based on natural earth cycles. As I indicated in my review, Robert Taylor maintains a web site that tracks those cycles and issues market forecasts based on the theory he espoused in his book. It is an engaging theory (and novel) and I have been closely following the forecasts for the past four months.
What follows below is a track record of the forecasts as I have been interpreting them. Interpreting is a little misleading, as for the most part they are set out clearly and succinctly, in an easy to follow and tradable manner. But there is some leeway in exact entries and exits, so to be consistent, I based every one of these trades on buying/selling the Open on the day indicated in the forecasts as a likely change in trend. In other words, the trades below can be considered, "give or take one trading day," in about half the signals.
All signals are based on the DIA, the Dow Diamonds which is tradable in and of itself, although I prefer the near term at-the-money options for leverage.
BUY April 15 111.31.....+1.94
SELL April 24 113.25.....-0.41
BUY April 28 113.66.....+2.17
SELL May 9 115.83.....+2.13
BUY May 17 113.70.....-1.26
SELL May 26 112.44.....+1.19
BUY May 31 111.25.....-0.95
SELL June 18 110.30.....-0.29
BUY June 22 110.59.....+1.63
SELL June 30 112.22.....+0.88
BUY July 12 111.34.....+0.16
SELL August 1 111.50.....+0.44
BUY August 11 111.06.....+2.39
SELL August 18 113.45.....+0.25
BUY August 24 113.20.....+1.42
SELL Sept 5 114.62.....+0.48 (open)
BUY Sept 8/11
*Sixteen trades in 17 weeks.
*Twelve wins, four losses = 75% winners.
*Average DIA points per trade, 0.76.
*Average option pro forma, based on 0.76 DIA pts per trade, about 40%.
This represents some pretty good timing and you can find out more about it at the Taylor Trends web site. My understanding is that the forecasts are posted free to anyone who reads the book.
The above trades are based on the shortest term time model, one of three timing models that are based on the cycle methodology. The medium term model I already highlighted in my original blog, but those signals were all backtested. The above signals were real time. Finally, based on the forecasts of the other two models along with the one above, we are about one month away from one hell of a BUY SIGNAL.
One hell of a Buy Signal, kind of like the way that sounds.
A
What follows below is a track record of the forecasts as I have been interpreting them. Interpreting is a little misleading, as for the most part they are set out clearly and succinctly, in an easy to follow and tradable manner. But there is some leeway in exact entries and exits, so to be consistent, I based every one of these trades on buying/selling the Open on the day indicated in the forecasts as a likely change in trend. In other words, the trades below can be considered, "give or take one trading day," in about half the signals.
All signals are based on the DIA, the Dow Diamonds which is tradable in and of itself, although I prefer the near term at-the-money options for leverage.
BUY April 15 111.31.....+1.94
SELL April 24 113.25.....-0.41
BUY April 28 113.66.....+2.17
SELL May 9 115.83.....+2.13
BUY May 17 113.70.....-1.26
SELL May 26 112.44.....+1.19
BUY May 31 111.25.....-0.95
SELL June 18 110.30.....-0.29
BUY June 22 110.59.....+1.63
SELL June 30 112.22.....+0.88
BUY July 12 111.34.....+0.16
SELL August 1 111.50.....+0.44
BUY August 11 111.06.....+2.39
SELL August 18 113.45.....+0.25
BUY August 24 113.20.....+1.42
SELL Sept 5 114.62.....+0.48 (open)
BUY Sept 8/11
*Sixteen trades in 17 weeks.
*Twelve wins, four losses = 75% winners.
*Average DIA points per trade, 0.76.
*Average option pro forma, based on 0.76 DIA pts per trade, about 40%.
This represents some pretty good timing and you can find out more about it at the Taylor Trends web site. My understanding is that the forecasts are posted free to anyone who reads the book.
The above trades are based on the shortest term time model, one of three timing models that are based on the cycle methodology. The medium term model I already highlighted in my original blog, but those signals were all backtested. The above signals were real time. Finally, based on the forecasts of the other two models along with the one above, we are about one month away from one hell of a BUY SIGNAL.
One hell of a Buy Signal, kind of like the way that sounds.
A
Sunday, September 03, 2006
THE GRYPHON
One
"To think differently," was the earliest maxim at GRYPHON Systems. So too was the question, "Why not?" which sprang from The Creator's sometimes irrating habit of believing most anything was possible.
Why not...?
Yes, why not invent trading modules that require no input from the user and demand no external research efforts? Why not integrate multiple, modular adaptive trading methodologies into one symphonic system? Just a couple of examples of the challenges which over the years have resulted in an impressive list of "First in the World" accolades.
Technical innovations without specific aims often result in more and more demands being placed on the user. At GRYPHON Systems, we don't believe in that type of development. A study of our research efforts over a decade will show that our work has been directed toward one goal- to present to the world a new approach, a way to offer analysis as true to life as technically possible with modules being as easy to use as "one touch on one button." This fundamental idea- you could call it human quality- is what gained GRYPHON Systems its worldwide reputation for uniqueness.
One thing you will notice about our modules is that highly advanced technology is discreet. It takes more upon itself and asks less of you. And, as a natural consequence, a simple striking design emerged.
True harmony of form and function spells beauty in any language.
Two
NOT SO LONG AGO, a few of the members of the design team got together for wine and melon to talk about the type of individual who invests in THE GRYPHON. It was a casual get together, more conversation than meeting; an easy back-and-forth as corporate interchanges go.
A question came up, however, which focused us all on a single point. It seems that a heavily talented friend had asked a member of the design team if THE GRYPHON could be properly seen as a 'fast lane' product. Was it, as he had been told, the trading system to own- one more sophisticated statement he might make within his home?
Frowns went all around. Embarrassment was in the air for this distant friend.
The conversation that ensued distilled a single answer. It was that THE GRYPHON was meant only to place in the trader's hands analytical efficacy for all who chose to own it. The esteem in which it is held would not rub off on the owner. To us, using our products for social definition seemed a silly, quaintly adolescent idea, a quest better suited to the many more visible, if less valuable, symbolic products in the marketplace.
We felt that THE GRYPHON was such an easy product to own that its value would stand without the crutch of status. Its sophistication and its identity lay with its ability to analyze the markets without coloration and with its ability to keep trading at the forefront and technology parked out of the way.
So it went. Our friend with a quest for a 'message product' made us think quite hard about what we were trying to achieve with the system. Consensus about his need could only be reached tongue and cheek. It was simply decided that, while he may well end up owning THE GRYPHON , we would not in our hearts consider him to be one of our customers.
At one time or another, with one group or another, such talk goes on at GRYPHON Systems. It shapes our development efforts and loosens up the future for us. Perhaps it is not all that important that you know this, but we will wager that the effect of these conversations is half the reason you are interested in our products in the first place.
Hard to tell why no one ate the pear. Someone did say you couldn't trust a pear.
Three
WORD HAS IT that computer technology and a ceramic chip about an inch in diameter are going to relegate our intellects to the mists of memory. An interesting idea, shall we use our textbooks for placemats?
If, just for a moment, you direct your thoughts to securities trading rather that to the latest 'techno-fad' you will find that advancements in technology actually amplify the need for human intelligence. The human mind is now challenged with having to evaluate an ever increasing lineup of sophisticated products to use in analytical activities. If you are serious about trading, we are confident that you will choose to add a computerized trading aid to your methodology.
When choosing among the literally thousands of computer programs and aids out there, philosophical decisions must be made. Most programs offer canned indicators which have been used by traders over the past few decades. Others insist that "mystical" waves or angles or even planetary positions (!) can be used to forecast market moves.
When we look past the ludicrous, we see that there is a small, robust base of trading programs which have something meaningful to offer. These are not the ones that tout their results, splashing publications with advertisements of huge dollar gains. Rather, they describe themselves in ways that relate to the design philosophy behind their analytical activities.
This is the way to evaluate the best module for the user. By studying the methodologies behind the program, the trader can then, and only then, begin to make an informed decision. Therefore, we at GRYPHON Systems would submit that, with each new technological development, more intellectual prowess is needed if only to evaluate the actual abilities of the "fruits" of the relevant advancements. Sadly, we are now faced with having to expend significant effort evaluating the components of our toolbox. And, make no mistake, all computer trading aids are just that- tools. All aids, including those offered by GRYPHON Systems, serve to inform the trader, not to replace him.
All complex activities from aircraft control to surgery to trading can only be successfully handled by skilled individuals. Technological aids are essential in all such endeavors but they do not replace the user, they simply augment his efficacy.
A
"To think differently," was the earliest maxim at GRYPHON Systems. So too was the question, "Why not?" which sprang from The Creator's sometimes irrating habit of believing most anything was possible.
Why not...?
Yes, why not invent trading modules that require no input from the user and demand no external research efforts? Why not integrate multiple, modular adaptive trading methodologies into one symphonic system? Just a couple of examples of the challenges which over the years have resulted in an impressive list of "First in the World" accolades.
Technical innovations without specific aims often result in more and more demands being placed on the user. At GRYPHON Systems, we don't believe in that type of development. A study of our research efforts over a decade will show that our work has been directed toward one goal- to present to the world a new approach, a way to offer analysis as true to life as technically possible with modules being as easy to use as "one touch on one button." This fundamental idea- you could call it human quality- is what gained GRYPHON Systems its worldwide reputation for uniqueness.
One thing you will notice about our modules is that highly advanced technology is discreet. It takes more upon itself and asks less of you. And, as a natural consequence, a simple striking design emerged.
True harmony of form and function spells beauty in any language.
Two
NOT SO LONG AGO, a few of the members of the design team got together for wine and melon to talk about the type of individual who invests in THE GRYPHON. It was a casual get together, more conversation than meeting; an easy back-and-forth as corporate interchanges go.
A question came up, however, which focused us all on a single point. It seems that a heavily talented friend had asked a member of the design team if THE GRYPHON could be properly seen as a 'fast lane' product. Was it, as he had been told, the trading system to own- one more sophisticated statement he might make within his home?
Frowns went all around. Embarrassment was in the air for this distant friend.
The conversation that ensued distilled a single answer. It was that THE GRYPHON was meant only to place in the trader's hands analytical efficacy for all who chose to own it. The esteem in which it is held would not rub off on the owner. To us, using our products for social definition seemed a silly, quaintly adolescent idea, a quest better suited to the many more visible, if less valuable, symbolic products in the marketplace.
We felt that THE GRYPHON was such an easy product to own that its value would stand without the crutch of status. Its sophistication and its identity lay with its ability to analyze the markets without coloration and with its ability to keep trading at the forefront and technology parked out of the way.
So it went. Our friend with a quest for a 'message product' made us think quite hard about what we were trying to achieve with the system. Consensus about his need could only be reached tongue and cheek. It was simply decided that, while he may well end up owning THE GRYPHON , we would not in our hearts consider him to be one of our customers.
At one time or another, with one group or another, such talk goes on at GRYPHON Systems. It shapes our development efforts and loosens up the future for us. Perhaps it is not all that important that you know this, but we will wager that the effect of these conversations is half the reason you are interested in our products in the first place.
Hard to tell why no one ate the pear. Someone did say you couldn't trust a pear.
Three
WORD HAS IT that computer technology and a ceramic chip about an inch in diameter are going to relegate our intellects to the mists of memory. An interesting idea, shall we use our textbooks for placemats?
If, just for a moment, you direct your thoughts to securities trading rather that to the latest 'techno-fad' you will find that advancements in technology actually amplify the need for human intelligence. The human mind is now challenged with having to evaluate an ever increasing lineup of sophisticated products to use in analytical activities. If you are serious about trading, we are confident that you will choose to add a computerized trading aid to your methodology.
When choosing among the literally thousands of computer programs and aids out there, philosophical decisions must be made. Most programs offer canned indicators which have been used by traders over the past few decades. Others insist that "mystical" waves or angles or even planetary positions (!) can be used to forecast market moves.
When we look past the ludicrous, we see that there is a small, robust base of trading programs which have something meaningful to offer. These are not the ones that tout their results, splashing publications with advertisements of huge dollar gains. Rather, they describe themselves in ways that relate to the design philosophy behind their analytical activities.
This is the way to evaluate the best module for the user. By studying the methodologies behind the program, the trader can then, and only then, begin to make an informed decision. Therefore, we at GRYPHON Systems would submit that, with each new technological development, more intellectual prowess is needed if only to evaluate the actual abilities of the "fruits" of the relevant advancements. Sadly, we are now faced with having to expend significant effort evaluating the components of our toolbox. And, make no mistake, all computer trading aids are just that- tools. All aids, including those offered by GRYPHON Systems, serve to inform the trader, not to replace him.
All complex activities from aircraft control to surgery to trading can only be successfully handled by skilled individuals. Technological aids are essential in all such endeavors but they do not replace the user, they simply augment his efficacy.
A
Friday, September 01, 2006
Sally Fastmail Subscribers
For those of you who are getting intraday Sally insider updates through Fastmail, you should be aware that Fastmail is getting funky, it was down all day yesterday, and still down today... and therefore sally alert emails will be affected until they are back up.
A
A
Subscribe to:
Posts (Atom)