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I want to clarify a couple of points that were in my earlier message that
may have been taken differently than their intended meaning. When I referred
to a guarantee I wasn't asking for nor even thinking of a guarantee that
Bill's manual would cause me or anyone else to be a profitable bond trader.
No one can promise this. I want a guarantee that the content is there. Any
one with just a little common sense will agree that $377.00 (plus shipping
etc.) is an AWFUL lot of money for a manual that you can not look at before
you buy it. I can look at almost any other trading related book in a
bookstore before I buy it. I can order from Trader's Press, Amazon.com,
Barnes and Noble, and others with the ability to return the book if it is
worthless to me. Why can't one have this same ability when ordering from Mr.
Eykyn? Because it's too much bother to him? Well now THAT pissed me off.
I asked Mr. Eykyn to provide some sort of proof as to justify the cost of
his manual. That proof could have included but was not limited to account
statements (yes, there ARE people that do make them public! Honest people
that is), legitimate testimonials or anything else to justify such a price
for his manual. His reply basically said that he would provide nothing
except his word and that of someone I had never heard of. OK, I wasn't
expecting results from LBR saying she traded using Bill's manual, just
something from *somebody* that had all appearances of being legitimate. I
received a page of printed testimonials from Mr. Eykyn after the fact but
none of the testimonials had names, addresses, or phone numbers. If I were a
vendor offering a product for any price, large or small, I would certainly
plan to ask some of my most successful customers if they would provide a
testimonial showing that their success is related to my product and allow
people to contact them. Otherwise the vendor can write all the glowing
testimonials he wants. If no one was willing then I would then have to prove
the value some other way, possibly through my own account statements.
There have been many opinions offered and that is great, If nothing else
then the benefit from all of this has been the discussion of ideas and
opinions. Some have expressed an opinion that no guarantee should be offered
or implied and others have said that if a system or method is no good there
would soon be no buyers. Well, the above expresses the type of guarantee I
was referring to. If you don't expect at least that type of a guarantee then
give me a few hours and I'll write a manual to sell to you for $500 bucks.
And how many people have to be burned by a crooked system seller before
there are no more buyer's?
My entire point was to warn newbie traders (and some not so new) about
buying from someone who offers no proof of his products value. If a vendor
really thinks his product is great and cannot prove it then logic tells me
that he would offer a guarantee. That vendor would also be happy to answer
all questions and not tell me "Last Post" when I push for answers to the
tougher question.
One more point. My warning made no reference to Mr. Eykyn personally as he
might imply. I only refer to his business practices. When you put yourself
in the publics eye trying to sell a product you are a business person and
usually treated as a business like any other. Many, many companies are under
the scrutiny of regulators and the public every day. Mr. Eykyn should expect
nothing less.
I really hope this clarifies things. I am also really, really glad there is
a diversity of opinions and not everyone agrees with me. It would be a sad
commentary if we all agreed.
I'll post another message with my trading ideas under another heading with
hopes of adding constructively to the discussion.
Regards, Randall
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