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Re: ETS



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At 11:28 AM 5/18/98 -0400, Michael Mermer CTA  wrote:
>We are the developers of the ETS trading system. 
>
>We do not have you as a registered client so you do not know much about the
>system.  
 
It's true what you say Michael Mermer, the Omega list is not a registered
client. All we on this list have to rely on are the ads you run in Omega and
other magazines and the published reports of Futures Truth, a service which
tracks trading systems and 'independently' reports the 'realtime' results.  

>I am not sure if you posted the information on ETS or it came from
>someone else but the information is nevertheless incorrect.

As indicated, it came from  people retained and authorized to publicly and
independently track the performance of the ETS system, remember George
Pruitt and Futures Truth trading system public tracking service?

>
>The system is profitable. 

Futures Truth confirmed the system was profitable on some markets during the
period since first tracked and nor on others and that the drawdown was fairy
high too and system results were skewed somewhat by one or two big trades.

>If you would like full and complete information
>on ETS and real-time performance records of it, kindly contact us or vusit
snip
>Michael A. Mermer, CTA, Pres. & CEO of TSCI
>"Developers of the ETS Trading System for TradeStation & SuperCharts and
>the ETS Fax/Online Broadcast Advisory"  
 
Great!  Michael, does that mean you and the brokers promoting the system
will publish an actual track record of trades and publish a proper CFTC NFA
disclosure document for us all to look at now that we know that the Futures
Truth service independently tracking realtime results documents are in your
own words "nevertheless incorrect", apparently not the real MacCoy, so to speak?

Thank you for bringing this to our attention.
 
regards, 

Michael Paauwe
mpaauwe@xxxxxxxxxx