Archive for February, 2010
Is Jake Bernstein for Real
Written by admin on February 28, 2010 – 2:04 am -Jake Bernstein appreciates the loyalty and accolades He has received from so
many of you all over the world. May 2009 marked his 41st year in the markets.
During this time he has not only been a trader, investor, market analyst,
educator and innovator - but has developed a variety of valid trading and
investing methods and systems. They have been designed to vastly improve our
ability to harness profits, limit losses, maximize profits and improve the
accuracy of forecasts in stocks and commodities. His forty books, most of them
published by major houses such as Wiley and Sons, New York Institute of
Finance, Harper-Collins, Dow-Irwin, Adams Media and others have been read by
traders all over the world, and have been translated into a number of foreign
languages. Publishers do business with him because his work is clear and
concise, honest and objective, innovative and specific.
False Prophets Abound - Beware of Impersonators!
It is virtually impossible these days to rise to the top of ones field
without attracting the attention and jealousy of competitors and other nay-
sayers. There are many who disagree with Jake’s work. There are many who envy
his achievements. Why? Because he started in this business with less than
nothing. He was not educated in economics or finance. He is entirely self
taught. He was raised in a very poor family - his daddy didn’t get him into
the trading business. In fact, he knew nothing about trading. And it is
it is this rags to riches story that makes his competitors upset.
Many of his competitors and would be competitors seek to build their
reputations by taking cheap shots at him. This won’t work because frankly, he
has no competition - no one does what he does. Why? His methods are based on
a researched oriented approach. He seeks to create and not to imitate. He
seeks to innovate and not to replicate. There are very few people in this
business who have been around for 40+ years as he has been! There are very
few people out there with any vision or forward thinking.
What About the National Futures Assoc. Issue many Years Ago?
About 10 years ago the National Futures Association (NFA) took issue with a
television infomercial he did in which he offered a trading course. In spite
of the fact that the producers of the infomercial consulted lawyers and
followed all the legal guidelines in the script, NFA didn’t like the infomercial
and opted to expel him as a member. Fact is that their Draconian application
of the rules was not only incorrect, according to his attorneys, but it was
also against him. Their “hearing” was not a court of law but one in
which he was judged by a three person jury of his competiton. Their ruling was
not a ruling that accurately judged the value of all his work, rather it was
a “Kangaroo Court”. Their ruling was biased and based on a broad
interpretation that hinged essentially on a single word in their rules. The
value of his work is appreciated by some of the biggest and best names in the
trading business. Know also that he is not the first person in the trading
business who has been attacked by NFA. Even Leo Melamed, one of the original
founders of the CME was attacked by the NFA.
Magazine Articles
His articles and articles about him have appeared in a number of magazines.
The vast majority have been very complimentary. Some have been full of lies
or half truths. Some have intentionally misquoted him without giving him an
opportunity to read their article and review it for accuracy. But some people
believe everything they read, especially if it appears in a big name
magazine. Naturally some of my competitors are so jealous of his success and
notoriety that they actually PAY to have people read negative information
about him. How? They use the “pay per click” feature on some search engines
to bring them business using his good name! It’s amazing what some
desperado’s will do to get some business.
What is Cyber-Squatting?
Cyber-Squatting takes place on the internet. It is the deceptive and legally
questionable practice of using someone else’s name or trademark to bring
business to a website. If, for example, someone searched on a famous name and
that name was in the search codes for a website that belongs to a cyber-
squatter, the name of that person would direct traffic to the cyber-squatters
competitive website. This practise is despicable and not ethical as well as
arguably illegal. What’s worse is that those who do this to him
misquote him, lie about him and try to trick you! So be careful what you
believe. If you have any questions, ask him me directly. He is always
available.
Beware
There is a huge amount of worthless trash out there. And there is more of it
every day. Be careful what you buy and be careful what you believe. Be VERY
CAREFUL if someone tries to get your business by smearing Jake Bernstein’s
name…it’s a trick and you won’t be happy with the results. If anyone tells
you that he endorse thems or that they use his work, ask him if it’s true.
Over the years all sorts of rumors have been spread about him. But this is
typical. Many of his competitors have even gone so far as to post
outrageously negative comments about his books. To all of this he says YOU BE
THE JUDGE. Look at his work, look at his longevity in the business and make
up your own mind.
There is even someone out there claiming to have used his methods, saying
that they don’t work when, they have never even been a client or a
subscribers. And then they try to sell you their worthless
information….deceptive and very sad.
In fact, my seasonal work has literally been stolen by another firm - so
don’t fall for fakes!
His Achievements
Here is what you should know about his methods, systems and research
* His seasonal work is ground breaking, innovative and more thorough than any
work he is aware of.
* His cycles forecasts have been nothing short of amazing. His forecast for a
major rally in Yen a bear market in BrPound, a major low in the dollar, a
huge bull market in gold and the grains are only a small example of his
accuracy
* His work is specific, objective, clear and precise. He places no value in
any method that requires interpretation, opinions or perception - they are
subjective and not likely to work unless you are psychic
* His clients include not only average traders but professionals, major hedge
funds, internationally known banks, hedgers, brokerage houses and even other
market analysts
* Over the years he has been a speaker at over 700 seminars and conferences
all over the world
* He has developed such valuable indicators and methods as the Daily
Sentiment Index, Moving Average Channel, Power Momentum Method, Value Area
Index and Weekly / Monthly / Daily Seasonal Studies
Finally…
There will always be those who dislike his work and my methods. There will
always be professional jealousy. There will always be false claims and
rumors. Make your decisions about him and my work based on YOUR DIRECT
experience. He won’t always be right. He won’t always be the most accurate.
He won’t always have the best forecasts, but he will always do my best for
you. He will always maintain his independence as a diligent researcher of
market behavior, patterns and the human element in the markets. See testimonials
from his clients, and followers of his work.
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How to Screw Up Your Credit
Written by admin on February 27, 2010 – 10:48 am -Credit bureaus are tracking your payment punctuality, and other personal financial information that directly impacts your ability to qualify for a loan, and the interest rate you will be offered. A credit score of 720 or better can provide the lowest interest rates, while a score of 620 or less can result in high interest rates.
Most Common Ways to Screw Up Your Credit
1. Late Payments - Not considered late until 30 days past the due date. 60 or 90 day late payments are more negative than a 30 day late. The age of late payments can influence credit scores. Recent late payments are considered worse than older ones. More serious issues include: consumer credit counseling, collections, bankruptcy, and foreclosure.
2. Outstanding Debt - Having a large number of open accounts with balances may reduce your credit scores. Another issue is the ratio of your credit limit compared to the current balance. Using 75% of your credit limit is a greater risk than using 25%.
3. Account History - Older credit accounts can have a positive effect on credit scores, as long they are not delinquent. Having recently opened accounts could reduce your scores. Also, multiple credit inquiries are a flag indicating a possible new account.
How Do You Correct Credit Report Errors?
Incorrect information can sometimes appear on a credit report. If you believe there is a potential error on your credit report, you are entitled to dispute the accuracy of the information. The federal Fair Credit Reporting Act gives you the right to challenge inaccurate information by contacting the reporting agencies, and the company who reported the information. Under the FCRA, they are responsible to correct any errors on your credit report free of charge, and within a specific time limit.
The credit bureaus, Experian, Equifax, and Transunion, are required to investigate your dispute within 30 days of reporting the potential error. They will contact the source of the derogatory information and try to confirm the record. Providing documentation to support your claim, if you have any, can also expedite the process. If the credit bureaus are unable to confirm the derogatory information from the source, the item must be removed from your credit report, which can improve your score.
Information on Ditech Home Loans, Get Mortgage Loan Quotes, and See Models for San Diego New Homes from Brookfield
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An Car Coverage Guide For You
Written by admin on February 26, 2010 – 5:35 am -Start with instant online car insurance quotes. When you are looking to purchase automobile insurance for the first time it can be extremely helpful to have an auto coverage guide.
Step 1: Determine what and how much coverage you require.
Laws governing how much and what type of vehicle insurance vary from state to state. It is your responsibility to find that data on your state to ensure you have at least the minimum amount of coverage. However, you’ll find that most vehicle coverage guides will recommend you carry more than the minimum if you’re able.
All states, except New Hampshire and Wisconsin, require vehicle owners to carry liability insurance. Liability insurance coverage covers the other person. This usually includes covering medical, lost wages, and property damage. Liability insurance does not cover the policy holder.
Some states also require motorists to carry insurance for uninsured/underinsured drivers. This is because there are increasing numbers of people who are driving without any coverage at all.
You may need or want to consider comprehensive and collision coverage.
Comprehensive coverage takes care of damage caused by things like natural disasters, weather, and theft. If your car is vandalized, comprehensive insurance would cover the costs of replacing stolen items and repairing any damage. Collision covers the policy holder in the event of an accident.
Step 2: Research your own driving history.
You need to know how many tickets, accidents, or other auto insurance claims you have made for at least the past 10 years. Any reliable automobile insurance guide should remind you of this fact.
The amount of money you’ll pay for your insurance will be greatly influenced by these factors. As time passes, we tend to forget negative details like speeding tickets. You should check with your state’s DMV (department of motor vehicles) to make sure you have accurate records to present to the insurance coverage company.
Step 3: Compare coverage quotes
No good car coverage guide would allow you to skip this particular step. It is in your best interest to obtain quotes from a few coverage companies. You can do this through online insurance quote sites, or you can contact the companies directly. A combination of both online and actually making phone calls is highly recommended.
Online comparison sites will provide you with fast, free quotes, but these sites are only providing you with flat rates. These sites do not factor in any discounts you might be eligible for. To determine discounts, you’ll need to actually speak with an insurance agent.
Some things you should be looking for when selecting an car insurance company are:
Is there a contact number for questions you can’t find answers to online?
What are the annual versus monthly rates for coverage?
When are your payments due, and what will happen if you’re late one month?
How many complaints have been filed with the state against the insurance company? (You can look at J.D. Power and Associates’ customer satisfaction surveys.)
What is the company’s business rating? (Look at Standard & Poor’s and A.M. Best’s ratings.)
What discounts do you qualify for?
Is there an actual agent in your town or are you going through a call center somewhere else?
Step 4: Purchase your car insurance.
Once you have gone through all of the steps listed in this car coverage guide, you should have the information you need to make an intelligent decision regarding automobile insurance.
Purchasing auto insurance coverage can be a bit time-consuming. However, not taking the time to do the homework could result in you wasting your money on coverage you don’t really need.
For more see instant auto insurance rates and cheap car insurance online.
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