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Don't like to keep sounding like the Grinch on these subjects-- But I
occasionally enjoy some research, so I tried their 3-day trial on real-time
S&P signals a few months ago to see if it might augment my signals. They
claimed that it used their proprietary "program trading" technology to call
the major intra-day moves in the S&P. It actually had nothing to do with
their alleged program-trading strategies.
It was some guy in Texas who was trying to call Entrys and Exits on minor
moves in the S&P, but was more concerned with ending the day as early as
possible to get out on the golf course. He claimed to be taking about 90%
profitable trades on very quick moves that were really only noise in the
Index. He wouldn't say exactly when they got in or out, or where-- but
quickly claimed a profit on a move that happened to go in his direction. He
missed all the major moves.
I had several discussions with their guru on his "work", but found him
evasive and the reports that they sent as examples covered everything from
how to trade S&P to how to wash the dishes. Very convoluted and covered
either everything or nothing-- depending on your point of view.
They also had a major altercation with the SEC a year or two ago, but they
claim that it was a guy who took over the company for a while and was booted
after the SEC suit was filed. You can find the data on this incident via a
Web search.
______________________________________
At 01:18 AM 11/2/98 -0600, you wrote:
>
>Anybody ever used HL Camp & Company program trading forecasts. They claim
>to be able to tell the time and direction the day before in the S&P futures
>when program trading begins. Their very expensive but not if they can
>really deliver.
>
>Robert
>
>
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