Editor's Note: Here is a testimonial letter sent to Club 3000 News, with a copy to us. By the way, we were at one time on good terms with Club 3000 News but subsequently (about mid-1993) they became an unfriendly rival of CTCN's. It's authored by a mutual client who wrote this positive rebuttal response to a letter sent by another owner of our system.
About The Swing Catcher System. I purchased Swing Catcher in late April 1992, paper traded and did historical testing with the included historical data base and started trading it real-time in May 1992, and am still trading it real-time (as of Sept 23, 1994.)The system has performed well and I would recommend it.I trade a portfolio of eight commodities, using the programs "Harmonic Data Files" and the "Conservative Mode."
Also no information was provided (by Mr. Gollub) on how Swing Catcher was traded, i.e., Aggressive or Conservative modes, Regular or Harmonic Data Files, selected portfolio, etc. or on how much historical testing was done prior to starting trading.
My Swing Catcher portfolio had a number of good months, then had an extended period in a drawdown cycle before it recently reached new highs in profits. It may have been during this period that Lew Gollub tried it. Perhaps if all 35 commodities were traded, the equity curve would be smoother? Or perhaps a more diversified portfolio?
My Swing Catcher portfolio is not very diversified and is in fact heavily weighted in certain areas. It was designed that way after much research. Diversification is obtained by trading different programs. Personal software programs allow combining and analyzing records of different portfolios traded with different programs.
The Swing Catcher System by Dale Johnson