8000 Incorporated (EIGH)

[overachiever]

Williams lies and claims he made a profit yesterday with his Monk In the Box system. The truth is that according to the trades he has posted, he was down for the day

FAS: +.02 cents per share total for the day minus commissions

FAZ: -.06 cents per share for the day plus commissions.

If he was using the same dollar amount per trade, his losses were probably on the order of about a 1/3 to 1/2 percent since FAZ is a much cheaper ETF (about four times cheaper). How he thinks he can get away with the false claim that the system was up is beyond me.

Maybe he thinks his followers are too dumb to use a calculator and figure it out for themselves. before they give that scamster another couple of thousand dollars for a money losing proposition.