Successful Trading in a Parallel Universe or Bamboozled by the BAM Model in This One?

We have been following the free Bamtrader and Baminvestor tweets the last few days. Talk about being out of synch with the markets. This is where they stand on the following investments per their Baminvestor blog. This is based on their BAM Model (BAM stands for Behavioral Analysis of Markets):

Bearish Stocks-----Bearish Crude Oil------Bullish USD
Bullish Bonds-------Bearish Gold


Being bearish gold, oil, stocks and long the dollar does not seem too bright to us as short term trading ideas. The say in their blog they might be out on a limb, hey, someone tell them the tree surgeon just showed up.

Now we were prepared to make some comments on their trading tweets today, but if you go to Bamtrader now it says the following: This person has protected their tweets. Shortly after the close today, their trading tweets disappear. This is not a good sign. There was an indication a lot of their subscribers had thrown in the towel today. If they don't want their tweets made public today to people who have not read them, we will play along. Lets just say the BAM Model (or the traders version of the HAL 2000) sucks the big one for trading. Go short stocks, gold, crude oil and go long the dollar. The reversals they saw today seemed to go the other way. It was pure disaster and devastation. Burn and bury those tweets where no one can find them.

The Baminvestor tweets are still up. They say you should be a 100% in cash or bonds now. This is JG Savoldi's response to the criticisms of the BAM Model and what they expect later in the week.

Will there be a crash by Friday of this week per the BAM Model?:

Latest from the Elliot Wave Guru, Robert Prechter:


Investing can be tough. You just got to wait for the right opportunity and catch the big wave:


Rather than lose your money with the Bamtrader tweets (that disappear later in the day), why not call this guy, the Bookie Basher, and put your trading money on a ball game. You at least got a chance to almost double your money in a few hours, watch some cheerleaders and drink beer with your buddies at your local sports bar (only do this ifs its legal in your area). Best of all, at the end of the night you are out of your position. Oh, by the way, he had the Vikings on Monday night - a winner!:


BAM UPDATE (October 14, 2009) - They are still looking for a 22% decline in the stock market in October:



















Whats your experience been with BAM or the Bookie Basher or anything else you want to say. Please feel free to leave a comment. Just click on "comments" below.