Description
“Research group” membership that uses analysis of broad market cycles to time buy and sell calls.
If you’ve subscribed to Foundation Alliance, The, please click the stars below to indicate your rating for this newsletter, and please share any other feedback about your experience using the comment box below.
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I actually managed to turn a little profit during my experiment with TFA, mostly by being selective on which recos to buy and when to sell them. Also got lucky not to sell 3Com on their reco, which proceeded to get bought out. The concept made some sense to me and they were over over over due to get hot, so I was curious what has happened since I dropped off. Looking at the performance of all of the funds on the site provided by some other commenter above (probably a Weiss rep)it is stunning how consistently bad all of these funds are. I will be staying away but you can bet as soon as the market goes into correction mode or some other external event causes a new round of negativity you can bet Martin will hit the media with a new round of doomsdaying, and just the product to “profit” from pending doom.
I have subscribed from the beginning. The predictions for market trends have been pretty good, but the stock picks have been bad. They soon realized that the 2% stop was too tight as they were quickly getting stopped out of most trades. They made an adjustment, but they just can’t get it right.
I will be cancelling this subscription now.
I subscribed when the service first was initiated. They obviously don’t have this system? down to where it is profitable-certainly nothing like the promises and forecasts made to entice subscribers. Frankly having been in business 35 years, if it were me, I’d be issuing refunds and apologies not selling the next miracle service.
The ONLY good thing about Weiss is that they promptly refund the unused portion of the service. At least that was my experience. If the results have continued to be as bad as they were when I was involved and you want out you should call them right away. No sense losing any more of your money.
Who EVER apologizes in this business? No one. Neither Robert Hsu nor Louis Navellelier (2 long-time pros who should have been able to see the market was turning bearish) warned their subscribers to get the heck out of the market in ’08, and neither of them apologized for their grievous error after the carnage. To his slight credit, Hsu explained recently why he didn’t advise getting to the sidelines—he said he knew the Chinese mkt would bounce back. Great work, Bob, thanks. The whole newsletter enterprise is, IMO, corrupt. They all stand beneath the toilet with open bags as we flush our money away.
…which is why a site such as this is valuable (I am in no way affiliated with it), to warn others of our experiences and do some homework before forking over hard earned cash to strangers. Remember these newsletters are all trying to predict the future…if they were any good at it they’d have retired rich a long time ago.
Their theory is interesting but didn’t translate into much profit for me. I dropped this service and switched over to Larry Edelson’s Resource Trader which has been better.
Bad, no awful, no terrible.
I have subscribed to TFA, but i have not followed any of their stock picks – i’ve decided what to buy/sell and when from looking at the cycle charts and combining that with my own experience/technial/fundamental analysis, and most importantly, market psychology. i’ve found it to be very helpful for timing. i’ve just been buying options on stuff like GLD or SPY, and currency options as well. nothing they’ve chosen. you’ve got to go with the big picture, rather than individual stocks. can’t comment on the picks, as i haven’t used them. but the overall market view, i’ve found has been very good. am i reading the same mails you get? this seems quite at odds with all the other reviews here. i’ve made good profits. my own view on these services is that of course they hype them up. what do you think they’re going to do? if you think that by following every single word they say you’ll make money, you’re a complete mug, and no wonder you’re disappointed with the performance of the service – use your brain…
John…that is not the way they sold the service…at a very expensive price I might add. I actually did well…not great but I definitely came out ahead…so I am not griping. I used their calls selectively…opted out of a few and held on to others after they said sell. I and I guess you have an advantage though, in that I can spend a lot of time watching my holdings and understand a little bit about what I am doing. Caveat emptor of course, but when you boast about the kind of track record for stock calls these guys said they had and charge a big price to maybe try to deceive people into thinking you have some secret methods to make money and then disappoint well of course you are going to get irate customers. They said listen to their advice to the letter, that is what you are paying for, so you really can’t blame subscribers for not using their brain…Weiss, Edelson and Mogey sold a specific service that did not work as advertised. Period. They should be called out for that.
>>Weiss, Edelson and Mogey sold a specific service that did not work as advertised. Period. They should be called out for that.<<
I agree. Had they marketed the service at $99/yr with the warning that subscribers should not act on any of the suggestions (“picks” is a little too strong) unless they are experienced and astute traders capable of managing their own risk via entry and exit points, then there would be no basis for complaining. It was instead marketed as a complete “We do the work for you, you make effortless money” package. Is anyone who falls for that hype not using his/her brain? Perhaps. 😉
I found the foundation alliance to be an unusual approach to feeling the pulse of the market…but is not exact in the magnitude nor timing. I believe some people tend to try to use it to time exact stock moves. In reality all it tells me is the “pressures” that re-occur and when they are due to do so again. This influences me as a final timing decision, however I use other means to decide which stocks to purchase. It has been adequate for my usage.
>>I believe some people tend to try to use it to time exact stock moves.<<
Yes indeed, such as the people who SELL the danged service, and most of the people who subscribe to it, not surprisingly, as TIMING EXACT STOCK MOVES WAS THE SELLING POINT OF THE SERVICE IN THE FIRST PLACE. (sorry to yell, but sheesh—you can’t blame people for doing the one thing that the service says they are to do). Bear in mind that Weiss et al are painfully aware that their timing is world-class terrible, so in the last year or two they have been hiring new people (Klaus, R. Mogey, and the latest, Monty A.) to try to improve their record . Not doing well so far.
I subscribed early in 2010 after I decided buying and holding was not the way to go.
I know something about cycles from past studies, and their basic info was interesting. I never really got suckered by the hype of all the COULD have made over the last 50 years or so (LOL!)…I just wanted to see how they were using cycles.
Wound up with an awful lot of short duration trades and some that were stopped out. I quit because I didn’t want to trade so much…Customer service was OK on cancellation.
Frankly, I am now using a free site as an additional input. I know the guy who put it together from years back and he’s real leader within the small astro-trading community. His cycles are based on the Bradley siderograph/MACD. Search for Alphee Lavoie if you’re intrested….
My father and I bought the Weiss Contrarian newsletter last year. What a dog, obviously Claus isn’t the golden boy anymore, I won’t look at anything he has to say. I will say, I did buy their Weiss Elite deal, a bunch of newsletters for lifetime for $550 about 3 months ago. I have taken advice from each, but never put more than about 3% in any one position. In the past 3 months I have gotten double digit returns. I signed up for the new Growth deal with Marty A, but will cancel before the end of 90 days. After signing up I went the the trade database, added all the investments up and results, for the year it was less than 1%. Better than Contrarian, which cost me a load. Will continue to monitor the Elite newsletters and make my own choices and trade timing.
A complete disaster of a service, as is basically everything produced by the Weiss Group. Light your money on fire and at least enjoy the few seconds of warmth generated as opposed to giving a single wooden nickel to any service produced by them. Avoid Larry Edelson at all costs or you will regret it. Martin is no better, even though he has a somewhat likable personality. They are masters at advertising, marketing, and emotional manipulation. They will convince you that the world is about to end, and your only chance to survive (and make tons of money) is by joining their POS service. They would all be jailed for deceptive advertising and the like, if it were not for the thousands spent on well written attorney generated disclaimers in their fine print.
Thought I’d by-pass the hype and subscribe directly to the “Foundation”. What a crock. The newsletter that I’d subscribed to hadn’t even been developed and the Director David Perales clearly had no idea what was going into it. Naturally, I tried to extract a refund from these low-lifes and even got David to agree. Except that its been over a month and no sign of any money. What a scam. Subscribe at your peril.
Review by Denis H. Ireland, Dec 21st 2010.
Hi, I have been a subscriber to two of Weiss’s services for 2 years, these being RWR and Dividend Superstars. My view is that the information received from Larry and Martin provides a very good view of the broad investment environment. Whether this be the effects that will result from the excessive Dollar printing, or the value that can be found in real assets as hedges, i.e. Oil, Gold, etc. This information is valuable and helpful to the man-in-the-street investor who does not have the time or resources to find these things out.
However, I make all my own trades, with my own broker, most of which I base on info received from Weiss, i.e. the broad market info not the individual picks. For me this has worked fine with about a 10% profit in my 2 years, and given the market during these two years I am happy with that. The bottom line is, if you want to be well informed on the current state of, or the changes occurring in, or possible future events in, the investment environment then Weiss’s are good for this. But make your own trades based on their info. Be responsible for spending your own money.
Denis H. from Ireland.
I did not subscribe to the Foundation Alliance but I have found the Weiss historical research interesting. I believe we would have had the double dip by now if it were not for Helicopter Ben, who took the opposite approach to the Fed Chairman in the 30’s. They could not have predicted such unprecented intervention by goverment. It is just a matter of time befoe that intervention fails. I did buy into the reverse ETF’s and am well under from QEI and QEII but I am confident that Weiss, Vogt and Larson have it nailed. For those of you are contrarian now is the time.
It would be good if reviewers posted results of their Foundation Alliance-related trades and whether they adhered to the trade dates suggested. The average trade recommendation netted 23% during their first year, 2009. In 2010 they have consistently turned up winners (average trade result not yet calculated). After it started being informed by Foundation Alliance, my short-term portfolio turned around from down 12% to a gain of 15%.