re: ncp down 2% in ny
The following is only my opinion...
Market Mad are a bunch of failed traders who have figured out a way of making money selling crapy advice.
Their advice on gold in 2001 was that it was doomed--- that it would fall to $150 in the near future. Now they've changed their tune totally, and are taking credit for calling gold up. What a bunch of crap.
They were also big fans of DVT on the way down --- recommending DVT a number of times around the $1.00 level --- there have called many other things seriously wrong also --- however i have not noted them down, and can thus not substantiate my claims.
Having said that, the one thing they do very well is marketing.
They'll get your email address, and send you weekly email updates with a bit of crap opinion, and occassionally they send an email ramping their sites with talk of them being legendary, the success rate of some subscribers, etc
blah, blah, blah.....
Don't believe a word they say.
Of course they'll have som successful subscribers -- -even a monkey will have some happy subscribers. If a monkey recommends 50 stocks in a year, surely a few will be winners--- a couple will be big winners. Now if a subscriber by chance picks a couple of the ordinary stocks, and by luck picks the only two big winners, then they're going to be very, very happy, aren't they?
--- these are the people Market Mad, and all other businesses choose when they want to use testimonials in their advertising/marketing --- they choose the lucky few. --- no mention of the many subscribers who have lost big $$ on their advice.
