Michael R. Gibbons' Background
I have traded stocks
and futures since 1969. I was a futures broker and commodity trading advisor.
I was trained in fundamental analysis while with Clayton Brokerage and learned
technical trading after reading virtually everything that had ever been published.
My program is actually neither technical or fundamental per se but rather pattern
recognition based on crowd psychology.
I left the advisory part of the futures business to engage in research and to
promote a very successful sports investment service. I disagree with much of what
the futures industry is all about and have had many ethical problems being involved
with the industry. The regulators exist for the most part to protect the members
of the industry-making it hard for new entrants to get started. In addition, most
customers lose money because of the very structure of the industry; it is designed
so the member firms win and the customers generally lose.
I do not manage customer funds nor do I consult on specific issues regarding any
investor's portfolio. I decided a few months ago to offer my trading recommendations
to clients. It costs me nothing to do so and my observation is that my trading
signals will work no matter how many people are aware of them. They are based
on a specific pattern that repeats itself year after year with very few exceptions.
It worked in 1939 just as well as in 1999. I know-I have checked the data.
My
background is in economics, statistics and computers. I was one of the first people
to use stock index arbitrage for clients and to offer construction loan hedging
programs to real estate developers. My work is a blend of very original ideas
and a synthesis of other people's valid trading concepts.
Related
Links:
Michael R. Gibbon's Site
About Tracked Advisory Service
Gibbons' Trading