options-intelligence

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Quote from Wiener:

"Twenty-five percent month in and month out adds up over time. "

All for $499. Looks like a no-brainer to me :D

Maybe the State of California should purchase the program to make up for their deficits.:D
 
Quote from copa8:

hi,
anyone have experience or knowledge of the strategy offered at http://options-intelligence.com/index.htm? i'm thinking about purchasing their options strategy, but want to gather some info on it first. all comments/advice would be appreciated.
thanks in advance.

I'll go way out on a limb :D and suggest that their claims are BS. :D It's another Barnum and Bailey sucker play and they are waiting for the next one to come along.

g
 
Quote from copa8:

hi,
anyone have experience or knowledge of the strategy offered at http://options-intelligence.com/index.htm? i'm thinking about purchasing their options strategy, but want to gather some info on it first. all comments/advice would be appreciated.
thanks in advance.

First clue of danger - no contact information such as an address or phone number. Second clue - they apparently do not respond to e-mails, as I was also curious about their claims. Third clue - payment is handled by a third party. So no trace to the site owners. Fourth clue - web site was developed by a college student.

Get the picture?

There was a single time in my trading career when I fell for a web pitch, and only because they seemed sincere about refunding my money if not satisfied, which they eventually did. It was a site promoting what seemed to be a logical strategy of buying stocks that were slotted to join major indexes, such as S&P, Wilshire, etc. But when I received the material, these buttheads had based all their calculations on buying a stock at the LOW of one day, and selling at the HIGH of the following day, without any clue as to how define the high or a low on those particular days. That was the source of their backtested claims! When I politely pointed out that their claims were either stupid or fraudulent, or both, at least they refunded my money. But one can't always count on that.
 
Quote from lindq:



First clue of danger - no contact information such as an address or phone number. Second clue - they apparently do not respond to e-mails, as I was also curious about their claims. Third clue - payment is handled by a third party. So no trace to the site owners. Fourth clue - web site was developed by a college student.

Get the picture?

There was a single time in my trading career when I fell for a web pitch, and only because they seemed sincere about refunding my money if not satisfied, which they eventually did. It was a site promoting what seemed to be a logical strategy of buying stocks that were slotted to join major indexes, such as S&P, Wilshire, etc. But when I received the material, these buttheads had based all their calculations on buying a stock at the LOW of one day, and selling at the HIGH of the following day, without any clue as to how define the high or a low on those particular days. That was the source of their backtested claims! When I politely pointed out that their claims were either stupid or fraudulent, or both, at least they refunded my money. But one can't always count on that.


to all: thanks for all your responses. btw, found out that the options strategy mentioned has something to do with open interest and volume.

to lindq: thanks for the heads-up. also, i believe the web pitch you fell for is called The Index Adjustment System http://www.stockstrategy.net/
 
Yes, that was it. The Index Adjustment System. I notice that they are still selling their crap on the web, long after I reported them to the FTC. So much for our taxes at work.
 
Quote from lindq:

Yes, that was it. The Index Adjustment System. I notice that they are still selling their crap on the web, long after I reported them to the FTC. So much for our taxes at work.

Seems it is very easy to get around whatever laws there are. Look at Indigo. A complete scam and all they ever got was a very light slap on the wrist. Had to put up a whimpy disclaimer. Buyer beware.

g
 
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