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MetalFillBoy

08/31/05 1:03 PM

#2186 RE: mbcheng #2171

mbcheng: Paid service.

I am currently signed up for an ETF service with Highlight Investment Group. The website is:

http://www.qqq-trading-system.com/

When I signed up for them about 1-1/2 years ago, I got the QQQQ, Dow, and Spy all for one price. However, when one of the index when long, short, or cash, the others followed within a few days. The QQQQ usually chages first.

Their rates went up last year. I think they are now 175/year. Not bad compared to other services.

Currently they are up 7% YTD and have been LONG since 7/26. I have FADED this signal due to some analysis read here, as well as the public charts on StockCharts.com. I think I posted on here when I went short (Rydex 2X bear fund in a 401(k)) and when I covered. I made about 2.2% on that trade. Had I been following the paid signal, I would be down about 2.1% as of the close 8/30.

I guess this is where Paul talks about the science of trading (signals and systems) and the art of trading (whether to take a signal, fade a signal, or simply step aside).

I am not sure if I will continue with this service or not. The contract is due in Nov. I guess that is why I am researching/asking about paid service that others use and their expericence.

Thanks to all who have responded!

J.James