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Anyone know if this guy is using Omega's products in his trading ?
He purports to have an OEX trading system with 70% wins......and he trades
the options to boot.
Uses 49 ! indicators (or signals) to make his buy/sell decisions.
His model is called the "Predator".
Supposed to have made millions with it in his hedge fund.
No outside auditors have been able to confirm his success however.
Many inconsistencies in his discussions with the reporter however....a big
one is the fact his hedge fund would account for over 25% of the volume of
the OEX options trading if even a fraction of his assets were trading it.
Mobley's a big fan of psychologist Van Tharp....which is wierd because if he
is using a system to do the trading, the psych requirement is not obvious.
For discretionary traders, I could see the need.
Mobley's born-again-Christian aura, shady past, and lack of direct
accountability make this whole thing look like a scam.
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