"sexy saturday", page-61

Volt said "Their website shows they have quite a track record".

They claim to have a sophisticated model "BAM Investor, the first hedge fund financial model based on behavioral analysis, today announced publicly on Twitter that it predicts the share price of Apple (AAPL) to fall to $42 as soon as Fall 2010 or as late as Fall 2011."

I decided to have a look at their record, their methods and their sophisticated model is nothing more than the 50% rule on a log chart hammed up as a "hedge fund model based on behavioural analysis". Clearly wolves in sheep clothing. Aside from their price forecasting being based on a simple Gann rule they must have a good timing instrument as to when to release the data.

Sophisticated bevavioural hedge fund model - I don't think so. Just the 50% on the log scale. I wonder what type of dollars they are pulling in for the spin and "advice"?

I provide two charts the HOV and SHLD that they referred to in the article. Stochastic and momentum indicator on charts.

HOV they said "When HOV (Hovnanian) was trading over 70, BAM predicted a crash to 10".



SHLD they said "When SHLD (Sears Holdings) was trading at 195, BAM predicted a crash to 40 and it crashed to 27"