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I spoke to DaSilva and these are my current comments on this:
1.The 100% accuracy refers to the exact point of origin of all turning points before the actual trend reversals occur.
2.It only takes 10 seconds per market per time frame to determine this according to DaSilva.
3.No brokers currently run it mechanically.
4.He gave me examples of trading profitability of 50% to 75% wins.
I have given him other questions re.drawdown and account sizes with answers pending.
So far he sounds like an inexperienced vendor who may or may not have something.It also sounds like he could meet his guarantee on accuracy and conceivably lose money on trades.
He has flunked 2 of my vendor tests-Broker confirmation-Conversations with users.
Mechanically yours,
John
------------------ Reply Separator --------------------
Originally From: John Cappello <jvc689@xxxxxxx>
Subject: Supreme Order In Markets
Date: 02/21/98 11:42am
Recently there was interest expressed in the subject and I obtained literature on it.
1.Created by a Virgil DaSilva
2.First time I ever saw anyone claim 100% accuracy.
3.Trades stocks and commodities.
4.Always in the market.
5.Real time 11/25/97 to date on Mar'98 T Bonds claims 220% profit.
6.Cost$3750.
7.100% refund if not as claimed in either real time or paper traded.
I don't know anything else about it at this point and would agree with any and all skepticism until further notice.
Anyone else with meaningful comments?
Regards,
John
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