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Just a technical comment. The S E C doesn't have authority over activity of
this nature. So that comment is simply not true.
Chris Jackson wrote:
> 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.
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