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Ditto Trey...scam, initially well intentioned...optimized when
failed...lied about taking trades...CFTC problems...and more
John
> I was just cruising a few older magazines and realized they weren’t
> advertising as they used to. When I went to the web site, it had only a
> home page and limited contact information. I met Greg G. 10 years ago
> when he was marketing S&P Safe. That was the first program. Heard mixed
> reviews of his programs over the years.
>
> Just curious, no reason. Sometimes I get curious about these guys and
> wonder if they ever make it long term.
>
> _____
>
> From: Trey Johnson [mailto:dickjohnson3@xxxxxxxxxxxxxx]
> Sent: Wednesday, August 25, 2004 8:53 AM
> To: realtraders@xxxxxxxxxxxxxxx
> Subject: RE: [RT] Trend Reflection
>
>
>
> I'm not completely sure, but I would hope they were exposed for being
> the fraud they were and shut down. I bought the Trend Momentum program,
> which bombed. They re-optimized it after it's implosion as they did with
> their first program. Once I figured out the system, I realized that it
> was optimized to each individual market despite their claims. I reported
> them to CFTC, but the person I dealt with was clueless when it came to
> trading systems. He did say that Greg Gramalegui, who has a history with
> the CFTC, had hired an attorney that was maybe part owner or something.
> Anyway, the attorney basically scared this guy at the CFTC away. Not too
> long after this, I believe Greg sold the company to someone else. I
> think I remember reading this in one of the futures magazines. The Trend
> Momentum was nothing more than the difference between two exponential
> moving averages, which if I remember correctly the function was
> XAverage2. I think this function was written by Clyde Lee. (Could you
> verify this, Clyde? If it is your function, I'd be interested to know if
> they received your permission to use this function.) When the Trend
> Momentum was positive, long orders based upon a breakout were entered
> and vice versa for the sell orders. It was the one and only vendor
> system I bought and it was a rather expensive lesson. If they are still
> around, I'd stay the hell away. Out of curiosity, why do you ask?
> Hope this helps,
> Trey
>
> -----Original Message-----
> From: traderselect [mailto:chehovin@xxxxxxx]
> Sent: Tuesday, August 24, 2004 9:42 PM
> To: realtraders@xxxxxxxxxxxxxxx
> Subject: [RT] Trend Reflection
>
>
> Does anyone know whatever happened to the trading program - Trend
> Reflection?
>
> Thanks
>
>
>
>
>
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