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Re: Futures Mag - another gripe



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Jay:

How about the amazing mailing now going around that 'allows' you to
buy the 'very' indicators that allowed famous trader and all around
neat guy Paul Tudor Jones to amass a fortune in the futures markets
for the small sum of only $3995 [that includes the discount for buying
all *7*, count 'em, *7* D-whatever indicators...thus implying that
you, too, will amass a Tudor-esque fortune, if you'll only throw in a
measly $3995!

And then you get to ski in Gstaad, too!!

Tim Morge

Jay Mackro wrote:
> 
> At 01:02 AM 3/29/98 -0800, Tom Cathey wrote:
> 
> >A friend of mine called me tonight to get me to read something in March,
> >1998, Futures magazine.
> >After looking it over, it appears something has apparently changed. <g>
> >They were really a good mag years ago.
> >
> snip...At this point, Tom cited numerous silly/misleading ads that
>    appeared in recent issues of Futures
> 
> One more I'd like to add to Tom's list:
> 
> Is anyone else getting torqued off at the stupid articles - er, I mean
> infomercials - from Tom DeMark and T.J. DeMark that have appeared in
> the past several issues of Futures?  I suspect that the DeMarks are
> competent technical analysts - my point is NOT that their methods are
> flawed.  My point is that from the articles, there is no way of knowing
> WHAT their methods are!  Everything refers you to their stupid,
> proprietary indicators, all of which, embarassingly enough, are named
> "TD - something" (some psychiatrist could have a field day analyizing
> someone with a need to attach his initials to everything).
> 
> Of course, DeMark is one of Futures Magazine's "poster boys" - on
> p. 57 of the January issue, there is an ad from the "Futures Learning
> Center" for a $69 DeMark video, and in past issues I'm sure I have
> seen full-page ads for his indicators.
> 
> C'mon Futures - either put such infomercials in the classified
> section, or else run articles that fully explain the author's methods.
> The DeMark's monthly series, with nothing but references to "TD-this"
> and "TD-that" are blatantly come-ons for their products, and have zero
> value to the trader who refuses to buy their stuff.
> 
> Jay Mackro