GEN - Commodex claim to be "most consistently profitable daily futures trading system"

[Chris Jackson <chrisj@xxxxxxxxxx>]

I would appreciate feedback from anyone who has experience with this
approach.

Especially from long term users or brokers who use this service. They
seem to have a long and interesting history. 

Further comments follow after this quote.

"COMMODEX is the oldest, most diversified, most consistently profitable
daily futures trading system in the world".

"THE SECRET TO COMMODEX SUCCESS 

          Back in the 1950s, Edward B. Gotthelf realized commodities
operated like huge auctions. If you could observe the
          number of people bidding, you could tell when prices were too
low or reaching tops. You know it's true. When
          prices are low, everyone bids... all hands go up. When prices
begin to top, fewer and fewer hands are seen.
          Edward B. Gotthelf designed an ingenious set of formulas that
use volume and open interest changes to actually
          "count" market participation... in each contract... every day.
His remarkable correlations reduce market action into
          precise index numbers called the DAILY and the TREND.

          He named his system "COMMODEX" which stands for COMMOdity
inDEX. From 1959 through 1963
          COMMODEX was so accurate and so successful, Edward B. Gotthelf
earned the reputation as "the man who
          couldn't lose!" In fact, COMMODEX was labeled "inside
information" by the S.E.C. and C.E.A. in 1963 and
          Edward B. Gotthelf was asked not to trade for his own account!
COMMODEX sees and counts every single
          commodity transaction. Therefore, COMMODEX knows who is doing
what... how much... in which markets... and
          when. Insiders, floor brokers, commercial traders, and large
speculators cannot hide from Edward B. Gotthelf's
          unique formulas".


"In fact, COMMODEX was labeled "inside information" by the S.E.C. and
C.E.A. in 1963 and
          Edward B. Gotthelf was asked not to trade for his own
account!"

******

Do any of the older hands in the group know if this is all hype or based
on fact? 

Seems extraordinary if it is true and it would have to be one of the
industries best kept secrets.

Of course like many things it may not perform as well now as it did back
in 1963.


http://www.commodex.com/

See subset portfolios for some performance history.

Group or private feedback would be much appreciated.

Thanks.