Traders Club feedback and comments on misc.
trading related subjects,
including comments on U.S. government regulation & the CFTC
Special Note to our Testimonial
Contributors:
Please let us know if anyone objects to their identity being shown. Thank
you.
L. Becker - CTC Client - Handwritten Letter - "Dear Dave, Just a short
note to express my sincere appreciation for the work you have been doing with
Commodity Traders Club. It has been a publication I've come to respect for its
honesty, sincerity, appropriateness and timelyness, and in particular, its help
for the small trader. Please keep up the good work. It is most disturbing to
read you have been harassed by the CFTC. Please keep up your spirit."
Cal Boecourt - Trading Method owner - E-Mail - "I'm amazed to hear the
CFTC is saying you are giving trading advise. What you have done is show me how
to day trade the S&P futures index. You have not given me any specific
trades to take nor any advise about the condition of the market. I believe it's
absolutely proper for you to share a methodology you use as long as there is no
specific investment advise or no specific entries or exits given. I don't
consider getting your educational information any different than reading a book
on how to day trade the S &P. I appreciate what you do and wish you the
best."
David Goldfavt - subscriber - e-mail - " What do you think of the gold,
silver & palladium markets. Carry on, good man."
Answer from Traders Club " Sorry, we can't give specific real-time
trading advise. The CFTC is apparently alleging we have been giving 'trading
advise' without being registered with them. Until this matter is settled we
can't give any form of (real-time) trading advise."
The CFTC say's verbally to Dave Green during a Sept 17, 1997 phone call -
" Did you guaranty traders would make money with your method?"
Answer from CTCN's Dave Green - "Absolutely not!"
R. F. Kohn - Sept. 30, 1997, has this comment (at about the same time as the
CFTC's question) about this subject in his letter: " The one thing that I
appreciate the most, is at no time do you ever take the attitude that
"trading is easy," or "anyone can do it." Given the current
high level of abuses that many system sellers, and newsletter writers engage
in, your honest and truthful approach is a "breath of fresh air"
within a much abused industry."
George Freborn - Nov 3, 1997, sent this letter - "I am more than
satisfied with the information contained in all of the issues of Commodity
Traders Club News. The feedback, opinions and suggestions from the many
contributors to CTCN have been invaluable to me.
In addition, my several phone calls to the owner/publisher Dave Green re
various questions I've had have always been answered promptly and courteously.
There is a definite and vital need for this type of publication and it
should be permitted to continue!"
Steve Mavogianis - Trading Method owner & Managed Account client -
Testimonial - Please note as far as I know and to the best of my knowledge Dave
Green is a very good and honest man.
Also, please know in all my dealings with Dave, he has acted in a very kind,
forthright, professional, and business-like manner. I have also enjoyed his
newsletter and all his other services. God bless you (Dave).
Click Here to view Traders Club Support
vs. CFTC Press Release
Click Here to view an article by the
Institute For Justice about the CFTC and their immense power. Also discussed is
their allegedly unconstitutional actions and greatly abused use of their
authority.
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