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January 9th Update
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Posted by: BritinTexas
Hi
The news dominating the forums this week is all about Nova Lights. The latest news, as far as I can tell, is from their offshore hosting company who confirm that the server is down and that everything should be back up in approx 72 hours. If it is any consolation to anyone, I did receive a withdrawl from NL's TMA program which is on a different server.
Needless to say there is a great deal of concern as to which programs will fold if Nova Lights fail to reappear. I have received several pm's asking if TTT would be safe should this happen. The short answer is yes, the absolute bottom line, worst case scenario, is that we may reduce the monthly payout but increase the number of payments to 16, again this is worst case scenario. If anyone is concerned then I am willing to make a full refund of their loan, less admin fee and payments received to date.
Onlineforex produced a gain of 5.4% this week with one trade carried over to next week, not bad in what has apparently been a volatile market.
CMTCfx finally got under way and what an anti climax it was. The results were: Conservative account: + 0.14% - Moderate account: - 18.84%. I am fairly certain that they will improve next week.
No other news so I will sign off and wish you all a great week.
Best wishes
Dave
Posted by: awty
Thanks, Dave! Your approach to planning and execution are appreciated!
Jeff