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Strategies & Market Trends : The OEX... gasp!
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To: Chris Baker who wrote (601)3/3/1997 11:45:00 PM
From: The Jedi   of 658
 
Chris I agree with you. Bedford is the most expensive and the most inaccurate service and reporting I came across. I used all three of his services, and he was bearish when the whole market was going up, and bullish when it came apart after Greenspans speech. You couldn't even use him as a contrarian indicator because he was so inconsistant. Mis-reporting facts was so common. At one time he had a loosing streak, and his recommendation was to buy an index option at a price. In his mid-day update he said the order was not filled. Then two days later he claims he made $8000 or something like that, by closing out a postion he never had. Certainly not an experience that would make me want to subgscribe to his newletters.

Kiri
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