Tinystmv.blogspot.com

This is just scary, but is rampant in the stock trading services industry as well.  These criminals give away a free book, DVD or both where they smash you over the head for shipping and handling (that winds up paying for the product and the shipping) then upsell you on the rush delivery (same processing and speed just a scam and free money for the criminals). From there, they offer you a deal on some recurring charge service that is next to impossible to cancel. then, they give your name and phone number out to a den of thieves out west that call and abuse you with guilt and shame in order to con you into buying overinflated coaching taught by 10/hour script readers.  The person that gives your name out disavows any knowledge of doing so, although they are mentioned by the hard selling scumbags over and over again. They just sit there screeching WE HELP PEOPLE! When its there time to face the judge, I wonder if they will use that as their defense.

To be clear:

I understand that this is a business.  I'm IN the business, and I know that a business's goal is to make more money then they spend.  To me, it is NOT about trying to scam people by bragging only about winning trades, or periods where you do well, which is in the minority for these filthbags.  Usually they are blowing up their accounts with countless margin calls, and using subscriber's money to refuel their habit. Here's an idea: be transparent. These scumbags can never be transparent because you will see how awful they are.  they promise audited records, but you will NEVER EVER see them. They will just make excuse after excuse as to why YOU didn't make money, not why their calls sucked hard and drove you to take a second mortgage or max out your credit cards.  But hey, don't get me started!     

I think it's fine with a free report or product as a lead generation tool, its called an "ethical bribe".  It should be a DIGITAL download and not require a credit card to get it, even if that credit card is just for shipping and handling.

I think it's fine to offer a purchase after a free download if the value is there. Something like a DVD or a set of reports, as long as it has real absolute VALUE. Not a second rate service because the main super guru is off spending their subscribers money finding themselves (again).

I'm also fine with a free trial that CLEARLY discloses that if you want to continue you will be billed a monthly fee, not hidden in the fine print.  There should be a clear way to cancel, not phone numbers to nowhere, or limited office hours.


Anyway, your feedback is always welcome.

http://www.theverge.com/2012/5/10/2984893/scamworld-get-rich-quick-schemes-mutate-into-an-online-monster

tiny

When I went to sleep last night (and it was a rare occurrence that it was actually last night) the S&P Futures were down 14 points. As I type this, they are only down 3.

So much for a big gap down to start the day.  From here, I'm watching for a gap fill, but we may get that before the open at this rate.

Without a gap of at least 4 points basis the S&P futures, it keeps me on the sidelines at least early.  I'll watch for the first pattern of the morning to key off.

tiny 



 

They haven't gotten the biggest THIEF on the internet yet but he's still up to his old tricks with forced continuity that is shrouded with free trial offers and impossible to cancel services. 

This is step 1, step 2 will be those same scumbags that give information to their den of thieves out west to up hard and humiliate sell people on overpriced coaching where people are promised one on one attention but are all thrown in together like a herd of cattle to give general, I can find it on the internet for free style coaching. 

To be clear, I'm fine with continuity, it's easier for both the consumer and the service provider.  Everything has to be disclosed in plain, easy to read language, not hidden in the fine print, which the scam artists love to do, and they will never learn. They've stolen enough money to pay for the lawyers and the fines, so in the end, its a wash or they may still come out a bit ahead.

http://www.ftc.gov/opa/2012/05/johnbeck.shtm

tiny

It's May Day, and I expect it to be a choppy session.  Monday we didn't go very far after the initial push down off the open.

For more, join the email list at http://stockmarkettrendsx.com

tiny

Great turnout this week and I want to than everyone that attended. 

The feedback has been terrific, and it proves that you don't have to be a washed up stink breathed super guru to get people to come and participate in a great discussion.  It's not based on lies, and I don't pump up my private market holdings every change I get.  I can't wait for those that do to get what's coming to them.  They are true filthbags that take advantage of their followers and subscribers..

Join me this Sunday for another Strategy Session.  There is a lecture, followed by Q&A where you can ask about your stocks, options, market thoughts, whatever you want, and you don't have to pay and arm and a leg to hear someone double talk you, like these scoundrel super gurus do so they can screech "We help people!  We were right!  I told you!". .

Big news coming soon, I'm excited.  More details to follow.

Have a great week,

tiny

The first 90 minutes are in here, and the market is choppy, while being split leadership wise.

The NASDAQ is lagging as it was the only one of the big 4 (NDX, SPX, RUT, INDU) that did not hit a new high after 10AM, and is now headed to a new low of day, but still just off of being flat on the session.

The Russell is hanging the best % wise at least for now, but overall, we seem to be slip sliding away here

Perma-Bulls (and Bears) beware, we could be in for some range trading ahead of us

tiny

Bernanke comments raise questions about banks

By Elliott Wave International

Four years after we brushed up against "financial Armageddon," it appears our financial system is still not as stable as it needs to be. We believe that you should plan ahead for a run on bank deposits. Here's why. Read More.