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Ong,
Many Thanks. Your helpful consideration is appreciated.
I will let you know what I discover...
I am aware that Online Investors Advantage offers a local free 3-4 hour
introductory seminar; maybe the same one that you attended.
Their website cost is $58/mo., paid 6 months ahead ($349). US$
I also believe that those of us, with many years of both technical and
fundamental experience, may not need everything that their expensive 3 day
course offers. That is one of the things that I will try to report back on.
Regarding their system, I don't expect miracles. From what I saw, they have
put together a combination of ten indicators (or signals).
What they have would be very time consuming to put together on our own. In
the demonstration, they used the example of early, and massive, insider
selling, right at the top of a rally. That was obviously a major warning
signal, which could have been missed by many an unwary stock holder(a la
AAPL).
Larry :^)
California
MSD :^)
________________________________________________________
hcong wrote:
> Larry:
>
> I had attended a presentation by Online Investors Advantage in
> Singapore, which was used to attract people to attend their investment
> course, and signed up for their website service.
>
> >From what I know, they devised some kind of trading strategy, that they
> claimed to produce spectacular results, and giving a lot of testimonials
> from satisfactory users (?). (I got a funny feeling when I heard the
> presenter mentioned this every time a spectacular results was presented:
> "Now, I am not saying that you can repeat this result, but this is
> ....")
>
> The way they do it seems to hover around: alert of insider buying, alert
> of buying by respected investor such as Warren Buffet, using of
> technical indicator (MACD, Stochastics MA cross over, and others) that
> give buy/sell signals, and take confirmation by some kind of weightage
> or happen within certain no of days. Parameters, seems to vary between
> volatile counters and less volatile counters, are not revealed during
> the presentation and we are asked to attend their course so that they
> will teach us all those tricks. The information is typically available
> through their website if you sign up for their course, with search/sort
> function available. There maybe other technique but was not reveal
> during the free presentation.
>
> Lastly, the course is not cheap. It had a price tag of US$4900, for a 2
> days course in weekend, plus certain access period to their website for
> info/alert/signal. I think they offer self study course at US$3200 if
> one find that US$4900 is too steep a price to pay.
>
> --
>
> Regards.
>
> Ong Hock Choon
> hcong@xxxxxxxxxxxxxx
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