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2 Subscriber Reviews of Energy Strategist
Review by Eric Balkan, March 11, 2009
I subscribed back in 2007 for about 6 months. I also tracked Elliot’s picks before and after that point. I found that his picks did very well when energy stocks were going up, and pretty badly when going down. Well, when you subscribe to a single-sector service, you have to know when to move out of that sector into something else. Elliot won’t tell you, because subscribers are paying him for energy picks and not sector selection.
I was impressed with Elliot’s knowledge of the energy field. There was a lot of good, detailed, background info here. I learned a lot from subscribing, but it’s a pricey way to learn.
Review by RW, September 29, 2009
“090528Alert–I’m adding US Natural Gas Fund (NYSE: UNG) to the aggressive growth Gushers Portfolio. Buy US Natural Gas Fund under USD16; set a stop-loss at USD12.35 to protect your downside….today’s natural gas storage report was bearish. However, in response to this release, natural gas prices soared. This is the clearest sign you’ll find that all the bad news is priced into the gas market and there just aren’t any sellers out there to push gas prices lower.”
Following this rec would have lost you 23% in no time at all!
I could not believe this recommendation which I therefore did not follow. As I’m sure you now know, UNG dropped below $9 earlier this month. Is it any wonder that I cancelled my trial subscription? How could anybody claiming expertise make such a recommendation in the face of all the evidence to the contrary? I wonder how many poor suckers lost their butts on that one alone. BTW getting my money back was a hassle.
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