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Re: The latest Scam by Jake Bernstein



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In a message dated 9/19/99 8:28:20 PM Pacific Daylight Time, 
markbrown@xxxxxxxxxxxxx writes:

> this was sent to me by someone, check out the guarantee and the stats on the
>  system.  smell trailing stops?

Skeptical too, but with an average hold time of 11 days for losers and 26 for 
winners, what makes you think breakeven and trailing stops are a factor? Or 
are abusive?

TS

>  ================================
>  
>  A Message from Jake Bernstein...
>  
>  
>  Introducing the The Single Most Important TBond Trading System
>  I've Discovered in 27 Years of Trading!
>  
>  JakeBONDSystem
>  
>  
>  
>  Dear Futures Trader:
>  
>  On October 15th, 1999 I will release my new TBond futures trading system.
>  This is the single most comprehensive TBond trading system I have developed
>  in 27 years!
>  It is, in a word, the culmination of the many things I have learned about
>  TBonds in my many years of experience in the markets, as a trader, advisor
>  and market analyst.
>  
>  
>  I will sell only 75 systems on first come-first served basis
>  
>  
>  THIS IS TRULY A FANTASTIC SYSTEM FOR POSITION TRADING T-BOND FUTURES!
>  
>  What is the JakeBondSystem?
>  
>  
>  * The JakeBondSystem is a specific, systematic, detailed, precise trading
>  methodology - with entry, exit and stop details
>  * The JakeBondSystem is never vague or unclear. It is either long, short or
>  out of the market -all signals are objective
>  * The JakeBondSystem is based on historically repetitive market indicator
>  patterns - system performance is excellent!
>  * The JakeBondSystem has been thoroughly back-tested and researched from
>  1977-1999
>  * The JakeBondSystem requires no computer. Signals can be determined daily
>  in minutes.
>  (But, a computer can speed up the process and for this I provide the system
>  code for TradeStation and SuperCharts)
>  * The JakeBondSystem will sell for $1500 but as an MBH subscriber, it can 
be
>  yours for just $695 (or less)
>  * The JakeBondSystem comes with a Money Back Guarantee
>  * The JakeBondSystem signals can be FAXED or Emailed to you daily if you 
buy
>  the system - less work for you
>  
>  
>  My Performance Guarantee
>  
>  
>  If the JakeBondSystem system signals as generated by TradeStation have
>  failed to produce a net profit in sum total for all its trades at the end 
of
>  one year (slippage and commission of $75 deducted) after your purchase date
>  you may request a full refund of the purchase price. You have nothing to
>  lose!
>  
>  
>  
>  
>  Historical Performance of the JakeBondSystem
>  Performance Summary: All Trades 1977-1999
>  
>  
>  Percentage Trades Profitable: 77%
>  Total Net Profit: $189,181.25
>  Largest Winning Trade: $14,050.00
>  Largest Losing Trade: -$2,762.50
>  Maximum Consecutive Winners: 12
>  Maximum Consecutive Losers: 3
>  Average Number Day in Winners: 26
>  Average Number Day in Losers: 11
>  Average Profit Per Trade: + $1,033.78*
>  
>  
>  *slippage and commission deducted
>  TO ORDER CALL US AT 1-800-678-5253 AND SAVE $100 BY 9/28/99
>  There is a Risk of Loss in Futures Trading
>  P. O. Box 353 Winnetka, Illinois 60093 USA
>  (847) 291-1870 Fax (847) 291-9435 ; e-mail: jake@xxxxxxxxxxxxxxxxx
>