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At 03:35 PM 7/1/2003, Leslie Walko wrote:
Bottom Line: Schaeffer's performance history is a fraud.
If the program looses money, they eliminate it as if it never
existed, and their recommended 'brokers' -- coconspirators --
eliminate their trading record also.
I had a similar experience with this company some years ago. I subscribed
to one of their FAX advisor services and had them FAX the orders directly
to my broker, who took every trade.
Most of the trades were profitable but the few that were not lost a bundle.
The overall result was losses - forgot how much - but non-trivial.
Then, one day, one of their sales people called to sell me their service,
not knowing that I was already a client. I asked him to send a track record
of the trades and he did. Lo and behold, the profitable trades were all
there but the real losers were missing!
Bottom Line: Schaeffer's performance history is a fraud.
Bob Fulks
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