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Will Keith Fitz-Gerald’s “X-Pattern” Drive this Stock Up?

Checking out the new teased stock with the "X-Pattern" stock chart, teased by Money Map's High Velocity Profits

By xiexgp, March 16, 2015

“I’m going to make a $1.95 million bet.

“You see, over the next few minutes, I’m going to show you a simple pattern I believe will allow you to achieve two incredible feats…

“You could capture a series of 164.68% windfalls, and…

“You will, with 100% certainty, only buy stocks that are going up.

“At its core, all you have to do is just grab regular, ‘boring’ shares of stock when you see this X…

“And sell them when you see it again.”

That’s the lead-in to the pitch for Money Morning’s “X-Pattern” trading idea — Keith Fitz-Gerald says he has found a “simple pattern” that will let you capture a series of windfalls and “with 100% certainty” only buy stocks that are going up. Pretty strong words. And he’s using them to sell a trading service that he calls High Velocity Profits.

And I’m not going to explain the X-pattern in detail for you here — I’m not a chart-trading expert, it looks like he’s using (at least in part) something called the Aroon indicator, which is a trend indicator that you can see described here or here,it basically measures the days since a high (or low) price was hit and gives buy (or sell) indicators when the “days since a high” indicator crosses over (or under) the “days since a low” indicator.

If you see “AROON 25” it means they’re using 25 days as the timeframe — so a stock would be at 100 on that indicator if it just hit a 25-day high (or low) price, or at 0 if it has been below the 25-day high (or above the low) for 25 days. For a lot of stocks, these lines will cross frequently — for some that are consistently rising or falling, they might not cross in a year or more.

Trend-following has certainly led to lots of huge gains over the years, particularly for those who can buy on the way up and sell after it starts to go down and do so consistently over time, and there are hundreds of indicators and strategies that trend-following chartists use, and variations on all of them (what time period you use, what but it’s far from being my strength or area of interest. I don’t know whether the AROON indicator (or oscillator, which visualizes the data differently) will work better than any other charting indicators at measuring the strength or direction of a trend.

So why do I mention it today? Because today I saw an ad from Keith Fitz-Gerald that said he just had a new indicator triggered last week, a new “X-pattern” on a stock that you should buy. So that I can sniff out for you, and we therefore get an actual stock to talk about and, for those who want to test this “X-pattern”, an example to consider.

Here’s how he put it in the email:

“Below is a stock chart for a company based out of Rochester, NY.

“As you can see, over the past few weeks it has fluctuated wildly.

“However, I believe I know exactly where this stock is going next – and that you can make a whole lot of money from it.

“In fact, I’m so confident that I’m putting $1.95 million on the line.

“You may think I’m crazy for doing this.

“But I’m not. You see, my team has spent the last six months investigating a single pattern that has been appearing alongside two to three stocks a month… every month… going all the way back to the bursting of the dot-com bubble, through the recession, all the way up to today.

“And it was spotted with the company in this chart.

“This same pattern has been detected with some of the market’s most exceptional windfalls, like 7,476% on Monster Beverage, 2,941% on Terra Nitrogen, 2,566% on Kingold Jewelry, and 1,478% on Radcom.”

I didn’t copy the chart, but I did check it to confirm — the stock he’s talking about here is Paychex (PAYX). The stock chart is an exact match, and it is a Rochester company. The AROON indicator for PAYX may have crossed on the bullish side over the last couple days, but if so that would mean you’re using a very short-term version of the indicator (like 15 days or so) — and if that’s what you’re using, then the up/down “X” of the crossing indicator would have happened a dozen times or so in the last six months. If you’re using a longer-term AROON indicator, like 25 days (which most of the chart systems default to) or longer, then PAYX has been in a positive trend on AROON for a month or more after doing a bit of back-and-forth crossover in January and early February.

So what does that mean? I have no idea. PAYX is at a 10-year high — so it doesn’t take a wizard to note that the trend is positive, but it might take an expert technical trader to get you in and out of bumps up and down over the next couple years. PAYX is, like its larger rival ADP, quite expensive and priced at a stiff premium to its growth rate. This is an HR outsourcing company, in case the name is new to you — they handle benefits outsourcing, HR, and payroll processing, particularly for small to midsize businesses who might not have big HR/Personnel departments. What will drive PAYX is the same thing that will drive ADP, broadly speaking: Employment and job creation, labor-law complexity, and short-term interest rates.

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To simplify: If employment rises, they’ll collect more fee income for running payroll for their customers… if it becomes more complicated to deal with payroll laws and regulations (as with health insurance handling and tax law), they’ll get more new customers who want to outsource some of that headache… and if short-term interest rates rise, they’ll earn much more money on the brief window of “float” that they get to hold during the paycheck-generating process. (Like ADP, they collect money from the employer a day or two before it’s actually sent to the account of the employee or printed on a check, and earn some return on that money — or at least they did, when there was any money to be earned on very-short-term interest rates… even with low rates, though, that fund is more valuable than it might seem, because, like Warren Buffett’s famed insurance float, it refills itself every day with new employer money even as it disburses itself to the employees so you can, if you wish, consider it more of a steady asset to earn on than a liability to pay out. Like a dammed pond — it lets water out through the sluice every day and new water comes in every day, but the pond’s depth usually is pretty reliably within an expected range).

So with employment trends certainly improving (more people working), and with short-term interest rates widely expected to rise, there’s quite a bit of optimism baked into PAYX. Maybe that’s as it should be, I can’t claim to have have researched the company thoroughly — the twice-as-big ADP is similarly valued at about 30 times earnings (and is at all-time highs), but PAYX is generally more profitable (it’s a less complex company, they don’t offer as many different services even though both are huge in payroll processing)… and both are expected to grow earnings at a 8-10% annual clip, which is phenomenal for a $20-40 billion company but not that exciting for a company valued at 30 times earnings. They’re also both being bought as “dividend growth” stocks — PAYX has the somewhat higher yield (3% versus 2.25%) and the less-perfect record of dividend growth (PAYX has paused their growth a few times and is a younger company, ADP has raised the dividend every year for 40 years now).

And yes, Paychex (PAYX) and ADP (ADP) have been generally stronger bets for far longer than the “upstart” HR outsourcing/payroll companies that have come public more recently, particularly those who use the word “cloud” in every other paragraph like Paycom (PAYC) and Workday (WDAY). I don’t know if that will continue or not, but so far investors have generally been better-rewarded by the established firms that are actually profitable.

We’ll open the week with that — what do you think? Is PAYX a buy either because it’s in a strong and positive trend or because you like the business? Have any interest in or expertise with the AROON indicator or other charting tools Fitz-Gerald might be using to identify his “X-Pattern” stocks? Let us know with a comment below…

(Our readers had some discussion of this “X-Pattern” a few weeks ago when it was first touted by Money Map, so I’ve appended that discussion they had to the end of this article to get you started. Enjoy!)

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John Murnaghan
Member
John Murnaghan
March 22, 2015 9:12 am

Well,well,
Plenty of opinions….but …..a) the F-score seems to be a reasonably reliable source for finding a ‘decent’ stock pool but b) the Aroon Indicator is ONLY one Indicator and surely should not be used in isolation,. The dilema about the number of days is a serious flaw and really the strategy should not be marketed until a “best” figure for this is established. Aroon is a ‘lagging ‘ indicator….perhaps the P-SAR is a few days ‘faster’ but surely either should only be used when the “market conditions” are most suitable. Lastly, in the promotion for this expensive service, the number and size of successes would blow the unwary away…..and there was no mention of any failures……my, oh my, what a system!!!
John Murnaghan

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Fabian
Fabian
March 22, 2015 11:29 am

Very good debunking of this marketing plot. I watched the presentation until the end (Saturday evening and my wife was stuck on Fox). The Arron is set on 100 days and a pre-selection is made on a fundamental score called the F Score that must be at least 8 over a maximum possible of 9.
Basically it’s trend following in conjunction with some fundamental analysis. You can do that on your own with your online broker’s tools and no system will tell you in advance that for instance LL is spiffing its clients.
And his bet of $ 1.95 millions, was definitively the argument that convinced me not to subscribe. Basically it reads like that; after you made me richer by $ 1.95 millions, if you don’t like it, you don’t have to make me richer by another $ 1.95 millions. You’ll get for free a system that may not work. And he doesn’t have any of staff he pretends to. That staff that is supposed to have made all this research. Maybe he has golden retriever under the desk. Because if he had a staff, he would introduce these people to his prospects.

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Anonymole
Member
Anonymole
March 22, 2015 12:32 pm

I’ve backtested the entire S&P 500 using this “X” marks the spot technique with the Aroon settings set to 25, 50 and 100 looking to determine if there was any statistical edge to the up/down crossing event. I determined that there is an edge, very slight, 51.6% predictability. Trading this alone proved impossible as the losses due to delay of signal during consolidation periods easily over shawdowed the profitable runs. End result, the technique only holds promise in the commodities markets where consolidation eras are less frequent.

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ian S
ian S
March 22, 2015 8:12 pm
Reply to  Anonymole

Thanks, that saved me trying it on the FTSE 100. It seemed to me a stock could be heading down significantly before the sell cross-over appeared.

F scores particularly of 9/9 do indicate a company where the board should have more money to allocate to dividends if progress at the past rate continues. Few stocks achieve 9/9. However the value of the stock, price relative to book value, is not one of the 9 parameters so this should be checked also, the stock many be fully priced.

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Solyom
Member
Solyom
March 22, 2015 2:07 pm

What is better than back testing is forward testing. Peter Lynch who once ran Fidelity Magellan taught 6th graders finance and economics. After a month he gave them a million dollars virtual each and had them invest. They put their orders to him during the day and he bought and sold at the close for that day. Most of the teams did well. Some did so well he wished he could hire them as analyst. That is forward testing.
As for most touting this or that read Matthew 24 and think and investigate. While you are at it read Matthew 25

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Flyrod
March 23, 2015 10:45 am

I fell for Dr. Kent Moor’s spiel on a pending market crash and it cost me money. I fell for Mampily’s spiel on bio stocks and it cost me money. Fortunately, I cancelled in time and at least I received a full refund for the cost of the services. That’s a plus, however, I think the Money Map Press are just internet promoters. The only thing positive I see about this group is that they have great tease writers. The best $49 I have ever spent of stock services is in StockGumshoe.

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Travis Johnson, Stock Gumshoe
March 23, 2015 10:56 am
Reply to  Flyrod

Thanks Flyrod! Yes, there are some great marketing writers out there.

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Island Trader
Member
Island Trader
March 23, 2015 3:50 pm

My first chance to read all the blogs since I wrote mine several days ago. I do not normally read these kinds of blogs as most comments are just not worth reading. This group within Stockgumshoe have my attention. Many of you speak with knowledge, but even more important, almost all of you have been tricked at one time or another and have truthfully admitted it. Congratulations for being just plain honest folks. I like that!

Travis that says a lot for your credibility and for being able to attract honest and real day to day traders and investors. Your work in my opinion deserves many accolades.

In my first email, I wrote about using common but credible oscillators. I specifically referred to standards, no nonsense ones and specifically to the Slow Stochastic and the RSI. If you are using StockCharts, as I do, you do not have to change their settings Cyndi, as they are already set to maximum efficiency.

I trade gold and silver shares because of their volatility and the breath of their trends. In other words, I am a trend trader, not a day trader. The key to success is to catch that trend as soon as possible using these momentum tools. They do work well in terms of telling you when to buy and when to sell. some of these trades may be only for a few days while others may last a month or two. These longer ones can make you a lot of money. Because I am in metals, I also add the CCI oscillator for additional confirmation as to when to buy or sell. The CCI was designed specifically for commodity trading.

Getting back to publishers. there were two long one hour videos from Stansberry that I decided to monitor. Travis, I believe you wrote up these two and that led me to follow these two promotions for the last five months or so. One was Stillwater Resources (SWC) which is being promoted again today by Stansberry. The other was Altius Minerals, (ALS.TO) a Canadian iron ore company turned into a royalty. if you look at the weekly charts on StockCharts for either company, you will likely wonder what all the hoopla was about, because even though the Dow and the S&P 500 have risen nicely, these two highly tooted and promoted stocks have gone nowhere. In fact, in todays newsletter, they says it is too early to buy. Surely then it was too early to buy five months ago? I am here referring to platinum.

So publishers batting zero, and Stockgumshoe hitting home runs.

Love this group, so hang in and say what you think. Just be sincere, and make it helpful.

Travis, you are the best. Keep up the good work, please and thank you.

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cmessinger
cmessinger
March 24, 2015 11:35 am
Reply to  Island Trader

Thanks for the repy Island!

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hendrixnuzzles
April 7, 2015 12:38 am
Reply to  cmessinger

Hey Island Guy,

What’s you’re current attitude towards gold and silver ?
Long all parts of the sector based on macro stuff…what is your take on the technicals ?

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Mark
Member
Mark
August 7, 2015 5:39 pm
Reply to  Island Trader

Island Trader,
I agree with everything you say about Travis… he and this website are immaculate.
You say Stockcharts sets Slow Stochastic and RSI to “maximum efficiency.”
How do you know? Have you tested all the others? What did you find?
And, by the way, how did you test it? Based on the generalities given here, I’d say it’s impossible to have done any such thing. In other words, your words are as much BS as Fitz-Gerald’s X-pattern. Think about it.
By the way, what you say about gold and silver is equally non-actionable. I guarantee that for every month/year what you say works, there’ll be at least a money/year that it won’t. That takes into consideration the fact that what you said is so general that it makes no concrete sense anyway.
I’m very impressed with Stockgumshoe! Not so impressed with the certainties suggested by short-sighted Island Trader.

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Peter Dawson
Member
Peter Dawson
March 24, 2015 8:02 pm

I wonder if there’s anyone still tied into the “HIGH VELOCITY PROFIT” deal who knows
whats happened with PAYX, GMCR et al, who didn’t bail out of this absolute train-wreck before they lost everything KFG recommended? I ended at 29 days in, thankfully, and
thank the good folks at customer service to refund my $2K – membership. And I thank
StockGumshoe for their enlightenment on all subjects. My premium will arrive soon.

Peter

marksman
Member
marksman
April 1, 2015 12:23 am

I found it most interesting trolling though the submissions from a wide variety of bloggers on the “new discovery”, the amazing “X” indicator. You have to admire Fitzgerald’s sheer inventiveness in creating something out of nothing. When I first saw the “X”, I immediately recognised it as the Aroon High Low indicator (as opposed to the Aroon Oscillator) so went away to check it out using my own database, under various scenarios. As many commentators have already twigged, good results depend on the number of days (periods) used. I tested periods of 25, 30, 40 and 50days and found that 50 gave the better results. But I also found that a price break through a 50dSMA would give similar results, so the “X” indicator is at best, a lagging, trend following indicator. It was also a bit tardy on exit but being a lagging indicator, that is to be expected. Again, many bloggers correctly pointed out that applying the “X” indicator to just any stock (even using the bolt-on F-test filter), would give similar whipsaw results to MA crossovers, so you would have to conclude some degree of cherry-picking has occurred in the absence of further data. Conclusion: go grab a nice glass of red and move on…..

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hendrixnuzzles
April 7, 2015 12:28 am
Reply to  marksman

Technical analysis can be very useful, but when many people use the same analytic techniques, the performance degrades. I have noticed many charts in the last year with surprising breaks in trend, support or resistance levels that quickly revert to form after an “unexpected” price move. There are literally thousands of people watching charts, and they all see what you do, and so there is amplification and anticipation in volume and false breakout price action that distorts the classical textbook expectations.

I select fundamental stories I like, and then use charts to select spots for entry.
I look at short, medium and long term charts for the same stock to try and understand where we are. I also like charts to help warn of breakdowns and price action that may
indicate my fundamental investment thesis is flawed. But unless I have a belief in the stock fundamentally (long or short), , I would not participate no matter what the chart is like.

Also I have noticed that chart action is much different from market to market.
I think the volatility of Chinese stocks is related to the huge number of investors watching the same stocks. They are really “gappy”.

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Mark
Member
Mark
August 7, 2015 5:43 pm
Reply to  hendrixnuzzles

I think TA is absolutely and completely useless until someone can come up with data to conclusively show that something works. 99% of people who talk TA include none of this information. Fewer than the remaining 1% know anything about statistics. A great read that addresses the lack of controls in Finance is Part 1 of _Practical Speculation_ (2003). I’d think this would be right up Stockgumshoe’s alley, too.

Myron Martin
Irregular
April 13, 2015 12:51 pm

In Proverbs we read that; “in a multitude of counsellors there is safety” and this thread i believe proves that hypothesis. I would just like to reiterate valid points made in numerous posts. 1) Thirty day guarantees are totally inadequate to test out a newsletter or trading system. 2) Unless you are a millionaire you are unlikely to have enough capital to effectively benefit from trading systems or newsletters costing thousands of dollars. 3) The RISK is far too high for the amount you would have to invest to have any real chance at making a worthwhile profit.
I must say Fitzgerald, (or at least his copywriters) made it sound very compelling and “can’t miss” intriguing, but the reality as so many have shown here, is entirely different. Backtesting is indeed suspect, it reminds me of the “30 days to a million dollar retirement” pitches. They never point out that hindsight is always 20/20, so how much capital would you lose not knowing which stock to pick to roll your profits into, assuming you had any?
So easy to show compelling scenario’s in hindsight (backtesting) that any creative thinker could do it, real life experience is another matter entirely. Once again, if that really worked then the people who write about it SHOULD have made their millions and no longer need to write a newsletter with a prime focus of selling subscriptions.
What I try and do is follow successful management teams. When a company gets bought out by a bigger company because they have superior products or services to offer, (or in the case of miners) a proven viable project needing more money for further development, the successful management on being bought out then has capital to launch a new enterprise and repeat the process. In a future post I will provide some compelling examples of companies to beton based on their past success.

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alanh
April 13, 2015 1:16 pm
Reply to  Myron Martin

Yowzer !! So good to have you back in the saddle Myron. Looks like your metals have finally bottomed. We need you BADLY to guide us into the recovery with good managers to follow. Go Myron!!

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Steve Zee
Member
Steve Zee
May 3, 2015 9:44 pm

The problem with backtesting is that if you test enough schemes you always find some winners. Image how easy it is to dream up an infinite number of things to test. Then test them & advertise the big success of the winners. Lets say you decide to test something that has no rational reason for working like stock symbols that begin with 2 vowels. Do you think finding Apple might make this system look good? Or since you want “velocity of results” you test symbols that start with VR. You find VRX, what a great system.
The only sensible way to backtest or backfit is to divide your data in half. Test systems or methods you think make sense on half your data. When you find the ones that work, then test them on the other half. In almost all cases random choosing will do as well as the methods that succeeded on first half. Even if some of the methods hold up on your second half, remember if you try enough systems, some will work spectacularly.

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alastair macdonald
Member
May 6, 2015 3:05 am

Thank you everyone for your stories. I have just received a message from Mr Fitz. It says that I have 3 hours to get in cos the demand is huge for high “velocity” stock system.
He is trying to rush me into giving him $1700 US, and then assuring me I will make about 160% average on stocks. So I went to stock gumshoe site to see what others had found.

Shame that Fitz and others at Money Map Press are kind of like Al Capone or the great train robbers, except it is sophisticated.
I have got on really well with Stansberry and Associates. Especially
amber Lee Mason and her option trades. Doing about 18% average on all options( bad and good) since Sept last year. Like to do better Suggerrud is great as well. So there are some non rogues out there. I got into MMP because they were touting the work of Jim Rickards and his book ” The death of Money”

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dee heel
Guest
dee heel
July 20, 2015 12:28 am

it was good he would do it and not sell it……that theory always works!

Steve
Guest
September 21, 2015 4:39 pm

This is a variation of the Aroon indicator, a screener available through StockCharts

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Stephen Gower
Guest
October 16, 2015 5:06 pm

A better service (and much more reasonably priced) is Sector Surfer from http://www.sumgrowth.com

everythingtogain
Member
everythingtogain
May 29, 2015 2:13 pm

Who knows whether this analysis system really works or is it just smoke and mirrors with numbers? They want $1,950 for a year’s subscription and its limited to only the FIRST 1,000 people (why the limit????). Such psychological marketing tactics are a dead giveaway that this is a questionable service. And the guarantee they offer: in short, if the service doesn’t perform as advertised you can get a 2nd year of the subscription for free. Sounds like a total gimmick to me. Thank you to Stock Gumshoe for outing the Aroon Analysis behind this pitch, thus allowing Irregulars to investigate this technical methodology for ourselves. Remember everyone: “A fool and his money are soon parted”.

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Gary Stoltzenberg
Irregular
July 23, 2015 5:44 pm

Limited to the first 1,000. I wonder how many get turned down?

Visco
Member
Visco
August 17, 2015 5:00 am

No one gets turned down.
He just opened a 5,000 limit under ” High Velocity Windfalls”
I bet there will be other follow ons

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donchery
Guest
donchery
September 29, 2015 10:52 pm
Reply to  Visco

He was up to 7000 when I joined. His 100% certain shows in his last recommendation. You buy the stock at 166 and in 4 days time that stock is now worth 148. Not much of a profit as I can see it. I looked at the first 25 stocks he recommended and he had one winner in 25 recommendations. That “winner” went from 73.48 on March 25 to 89 today. He may be good if you buy his options or sell short. He will not tell you when the x is crossed either when it is on the upswing or when you should sell, until several days have passed.

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bajapete
bajapete
May 30, 2015 4:04 pm

Just received today another spiel for this system.

Dear Money Morning Member,

Are you holding any of these stocks below in your portfolio?
• Wal-Mart Stores (WMT)
• Equifax (EFX)
• Gilead Sciences (GILD)
• Walt Disney (DIS)
• Waste Management (WM)
• Foot Locker (FL)
• Activision Blizzard (ATVI)
• Biogen Inc. (BIIB)
• Denny’s Corp (DENN)
If you are, I’ve got some really good news for you.

One of these stocks above is primed to display a very rare pattern that for the last 15 years has created some of the market’s most historic windfalls.

Reviewing their weekly charts I believe EFX has the most consistent upside and WMT the most consistent downside.

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Franco Godina
Guest
June 18, 2015 12:38 pm

This is the worst trading system I followed in my life.
After 6 months all the 18 positions are loosing money (6 already closed and 12 still open). I cancelled my subscription asking for my money back ($1,950) but the answer was that if the results were not as promised (At least six triple-digit winners during the first year and at least 30 winners) they can give me a second year for free (so I can loose more money) but no money back!
If this is not a scam, I do not know how to call it.

rc
Guest
rc
July 28, 2015 3:45 am
Reply to  Franco Godina

ill get your money back email me

Walter Kaufman
August 12, 2015 5:59 pm
Reply to  rc

I subscribed to this site and it is a rip-off. I was told by the sales person that I had a 30 day trial period. but hidden in the 12 page contract is a no refund clause.
Hope you can help.
Walter

Sergio
Guest
Sergio
August 13, 2015 10:33 pm
Reply to  rc

rc,
If you can get his money back I am interested in how. I am looking into getting into trading but need some good info on how to start or what program to follow to minimize risk and increase returns. thanks for any info.

dalear69
Member
dalear69
August 17, 2015 6:12 pm
Reply to  Sergio

HI Sergio, Give MANY WAYS TO TRADE a try. I have been using it for the past 4 months and very satisfied. Started small with a 6000.00 account and only uses 1/2 of my account with sellingweekly spy options . Im up about 2800.00 excluding trading fees.

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jamesl
Guest
jamesl
September 9, 2015 3:33 pm
Reply to  dalear69

Can I ask what kind of income you make from trading options. Have traded options in the past but been out for awhile. Can not find a broker that will trade options. I just do it myself. I have an account with E-trade.
thanks,

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Normand
Normand
August 14, 2015 12:12 pm
Reply to  rc

If you can get my money back, i’ll leave you half of it !

L.A.
Guest
L.A.
September 8, 2015 4:35 pm
Reply to  Franco Godina

I have tried to cancel within the 30 days. A week into it. Because I was getting my inbox slammed with email. On that basis, I cancelled or so I thought. I got a name, an operator number time and day I called. Still no credit. I never made it into the system based on the emails. I would call this spam. If this person has this pattern down to the point to make you rich as he claims, although of course he chooses his words carefully, may, could etc. Why bother sharing? Why not be on a beach and living life. Why share this big secret?.. In order to become rich off of us…

Dan K
Guest
Dan K
June 20, 2015 11:15 am

Before logging in here, If I’m intrigued by the teasers in my inbox, I often try to see if I can screenshot the bits of info in the l-o-n-g teasers before they disappear and later find what’s already available on the ‘net for public use, to see if I can do as they promise – without paying an exhorbitant, bucket-load of cash for the privilege. I keep forgetting to check here FIRST!

Couldn’t recognize the chart indicator in the teaser, so a big thanks for telling me up front that it’s AROON (25) (I love Gumshoe! 🙂 🙂

Found it easily enough on my fav free chart site, Barchart.com – after first struggling on the unfamiliar one advised by another poster on this thread – Stockcharts.com
Both are ace, it’s just I’m more familiar with Barchart, that’s all.
Anyway spent hours testing this Aroon 25 against my own holdings, and my watchlist candidates, and – I love it!

It’s not so different from the MACD and other stuff I use, such as simple 20/50 sma trends.
I do subscribe to the advice the majority of the great guru investors advise – that simpler is better; hence my unawareness that Aroon was sitting free, right under my nose!

I can well understand other posters above, dissatisfaction with the results of their experiences and trying to get a refund. On a lot of volatile stocks the ‘X” as Fitzgerald calls the crossover, flies up and down like a kid’s monkey on a stick, almost weekly, making a mockery of his well behaved examples in the teaser.

So now I’m off to see where I can get Piotrisky’s free F-Score indicator, to see if it makes things easier. This doesn’t change my current stock picking methods. It adds to them.
But this “you will make triple and thousand % gains” is baloney. That’s in the lap of the gods.
All these indicators do is tell you what your seeing – the direction and momentum of a stock. If you like the look of a stock, these indicators are handy for indicating a possible buy point and when you’re thinking of selling it, they often give a good sel signal there too.

– But not always.

However, Aroon is my new fav toy 🙂 Early days yet, but like I said, I love it!
It’s free, almost everywhere, so why pay some dude $1,000 bucks, or whatever, for it?

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Sheldon Liberman
Member
Sheldon Liberman
July 22, 2015 10:33 am
Reply to  Dan K

Get your F-Score, plus many other goodies, free at gurufocus.com

dieder47
Member
dieder47
July 24, 2015 3:11 pm

How do you find the F Score at gurufocus? Thanks!

👍 8
seerwise
Member
seerwise
September 30, 2015 3:53 pm
Reply to  Dan K

A Free website I can highly recommend is the one by Dr. Eric Wish, a Professor at the University of Maryland, College Park. He teaches a n honors course on the Stock Market and Trading and uses the TC2000 platform(the company Worden offers the program free to the students in the course for the semester). The website is http://www.wishingwealthblog.com. At the upper right side of his site there are some free videos of lectures he has given to TC2000 users on indicators, trading patterns etc. Every morning he posts his General Market indicators and what they are telling about what the state of the market is. On the right side there are images of the book he has the students read. I sat in on his course a couple of times and learnt a lot. Much more useful to me than many paid subscriptions I have tried over the years.

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jwhallin
June 25, 2015 7:40 pm

Thanks Stock GumShoe for the detective work on High Velocity Profits. At $1950 per subscription, I can understand how profits are “high velocity” …for Mr. Fitz-Gerald.
Thanks Dan K. for your comments, too. Very useful information. It always a good idea to run any new “promo” by the members/ contributors on this great site.

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Jay
Guest
June 29, 2015 3:52 pm
Reply to  jwhallin

Try AAII for f-score!

Chris
Guest
Chris
July 23, 2015 4:57 pm
Reply to  Jay

Indeed… it’s a pre-built screen inside of Stock Investor Pro.

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Monstersinc
Guest
Monstersinc
July 1, 2015 6:31 am

I get it “I’m willing to bet $1.95million….”
they want $1,950 for a year’s subscription and its limited to only the FIRST 1,000 people.
1000×1950 = $1.95 million
Hes going to bet your money…not a cent of his own

Dfout
Guest
Dfout
August 11, 2015 9:06 pm
Reply to  Monstersinc

I found the subscription for 129$ a year but 5,000$ max subscribers.. So same thing, bit betting any of his money.. He is also guaranteeing he will give you at least 6 stalks at the end of the year with over a 100% return, but, im Concerned that you will invest in 100 stalks in that year and only 6 will prevail.. That’s my worry.

jane
Guest
August 18, 2015 2:11 pm
Reply to  Dfout

stalks? haha

Daly Aker
Guest
Daly Aker
September 21, 2015 10:56 am
Reply to  jane

Stalk? Yrs, a stalk is a shaf and that is what you get – SHAFTED!

alan
Member
July 11, 2015 12:41 pm

i sat thru the entire presentation
then i thought i bet the gumshoe would know about this
you are like the snopes for stock pitches

keep it up
btw way are there ANY of these that you approve of?

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alamanjani
Member
July 11, 2015 2:57 pm

I went through many of his charts. The system is worthless and rigged.
First, stocks are cherry picked for only the ones that made huge moves.
Second, Aaron oscillator period is adjusted for each stock. Some uses 150 (on daily chart) but numbers are going from 75 to 350. This is as bad as it gets, is say I can’t get it look good at 150 period I will try some other number. Of course with the benefit of a hindsight. This is scam at it’s worst. Run away!

p.s.
You can see, test aaron oscillator for free at stockcharts dot com. And I’m sure at some other charting sites as well…

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gerar
Guest
gerar
July 14, 2015 10:47 am

I do not believe in the all they say the same and 7 alerts companies paid and what happened is to steal and lose my money

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