I recently stumbled accross http://www.tradeyourwaytowealth.com/index.php and I found it to be an interesting read… and complete BS.
I think what they basically do is pick stocks for their members and then if the stock doesn’t move their way, they expand the time frame until it becomes a “winner”. If it never goes their way regardless of how much they expand the time frame, they probably say “mistakes happen”. Their recent double digit gains are small cap companies like LBIX with market caps of 100 million.
There are some amusing aspects to this site. They claim a third cousin of Albert Einstein who is apparently a mathematical genius is a member of their site. He also supposedly developed “Einstein Scans” to find stocks where you can find HUGE gains the next day. AWESOME. I’ll join the site, but too bad I’m not a gullible idiot.
