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If it walks like a duck, sounds like a duck and looks like a duck...
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Good luck and good trading.
----- Original Message -----
From: "M. Simms" <prosys@xxxxxxxxxxxxxxxx>
To: "Omega-List" <omega-list@xxxxxxxxxx>
Sent: February 15, 2000 08:39
Subject: Barron's Article-"King of Naples"...David Mobley
> 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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