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If I recall correctly (I'm not going to search for the mail cause it's not
worth the time), the ad said that "the system wins 85% of the time". Don't
tell the guy who asked for it that you can have a system that wins 85% of
time and still loose money.
B.
-----Original Message-----
From: Robert W Cummings [SMTP:robertwc@xxxxxxxxxxxxxxxxxx]
Sent: Friday, July 24, 1998 3:38 PM
To: Michael Paauwe
Cc: Omega-list@xxxxxxxxxx
Subject: Re: OSCILLATORS FOR THE S & P
There is group of people in Canada who routinely syndicate investment
dollars then buy shell Canadian Companies to avoid the expense of forming
their own Corporation. The majority of theses shell corporations have a
zero net worth. They then procure a brokerage firm and pay them above
average commissions to push its stock. The brokerage firm through its
connections get this worthless shell company written up in a major
magazine. Here is the trick once its in print then the magic happens it
becomes believable. The brokers make
a million copies of the magazine article and send it to their clients. The
knows once the client see's it in print he believes. As stock price goes up
the group sells taking the pupulics money then they start the process over
again. I have no clue if Bullseye is good or bad the point is just because
its in a major magazine don't mean spit. The thing I would question would
be the 85% in the S&P and the $500 asking price. This is targeted for
newbies like Jay who would buy it then heaven help him once they traded it.
So Jay and the newbies here is a good example of things to watch out for in
futures trading. Get a verified actual trading history of at least one to
two years the more the better before buying any system. Then paper trade it
for a while before risking your capital.
Robert
_____________________________________________________________________
>
>Jim Cox has one, it's called BULLSEYE. To Jim's credit, it is written up
in
>a Cover Story in today's July 24, 1998 USA TODAY. See previous posts here
>in the archives about it.
>
>The article starts out by saying, " Jim Cox's personal computer puts
>unprecedented data crunching ability at his fingertips, as powerful as the
>corporate mainframes of yesterday."
>
>Also, he is quoted in the article as saying, "It's basically a system that
>extracts money from the markets," He adds, and the article quotes " that
>85% of all trades make money."
>
>There you go Jay, found one! And only $500.00!
>
>You can contact Jim by e-mail at "Jim Cox" <cayenne@xxxxxxxxxxxxxxxxx>.
>regards,
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