Very true. His picks stopped working once he started his service. I had a subscription. Then he said it will be temporary phenomenon and then he started tweaking his method.
Gary Smith has changed his system over the years in response to market conditions, so it's problematic to say that this or that is the Gary Smith system. As far as the Yahoo group goes, I used to be a member of that long ago, but nobody ever really followed Smith's system, so I dropped out. FWIW, as of three years ago, he took his profits at 5% and had a 6% loss limit. I imagine he uses the same setups now as then. I have all those old articles somewhere. If I can find them, I'll post what's relevant. --Db