Matt - very good points here. I agree that no system can ever guarantee any results by itself.

But as the owner and seller of this SPY system, you and all of us members are sharing something in common, that is "to make profits off of it". In my mind, I'm completely ok with paying $ for a system that does well. And i believe you set the price based upon a premise, which is the 17-year backtest, which is what got me and people here interested. However since launch, call it luck or unluck, the performance wasn't on par with the premise it was based on. Therefore, I think some relief on the membership fee or something would be very much appreciated by all the members who are all going thru difficult times. At the same time, one can argue if the system does exceptionally well (better than the history data), can you raise the membership fee some and will people still like it? I don't know. I think we all ought to ask this question to ourselves.

Again, as you can see i'm trying to be unbiased and look at the situation from both sides. But emotions are built-in in all human beings, and please don't take offense if any of the comments here get "too sensitive". Ultimately, like i said, we all share something in common - "to make profits from the system". Nobody is trying to do anything harmful to the system (or the community here), at least not intentionally. That's the bottom line.

BTW, can't wait to see your analysis over the weekend.

Cheers!

Matt, i just checked the SPY page and under "current trade" it says "custom alert June 16th ....". However, under "Trade History", the same "custom alert June 16th ...." is displayed on top of the spread sheet. I thought this "Trade History" tab can be seen by all members, and current trade signals should be limited to paying SPY members only. I can't verify though. Please take a look. I think it's only fair to us that pays for the system to see the signals and etc.

Thanks,

Lucky you. If it was me, i'd definately take the trade (100% for single or 60% for multiple). So unfair...

Although SPY is correlated to S&P 500, one should never look at the actual S&P500 number and assume SPY. If you look into the history, the deviation between these two fluctuates, not to mention SPY has dividends and etc. The liquidity of SPY ensures that it tracks the MOVEMENT of S&P500 quite accurately, but if the system was designed based on SPY, then don't look at S&P500.

All being said, good luck on the exit tomorrow.

of course it's long. There was never mixed long and short in the same multi-entry trade.

I bot AH immediately following your first email, then sold it immediately after your second one. Didn't make a lot, but enough to offset my commission. It's all good. Looking forward to the next "real" one...

Please count me in. Very interested to see the real kick-ass system.