29 December 2008 CMC Market ASX200 SCAM

Yep this time again another spike to 3970 while the day before the index was in the 36xx. This was the 9.50-10am opening window. Once again those who have been cheated and wants to build a class action case I have captured the scam by CMC operators and brokers. All documented properly for proper dispute.

This is the 3rd time since we have been tracking their CMC Markets Evil deeds.

Do NOT ACCEPT MARKET Data Error as excuse anymore. All traders should note this and trade accordingly.

Here we come 2009 another new year take care and trade safely. Taking Quick profits should be your mentor.

Caught Another CMC Markets SCAM on ASX200-23 Dec 2008

Yes this time I have some executed trades and the spike was from a close on Dec 23 2008 at about 4.00 - 4.30pm Australia Sydney time. ASX200 closed around 3531 and after hours one would expect it to go 50-70 pips but the sudden spike to 5807 is RIDICULOUS and PURE Daylight Robbery.

Took some shorts albeit long delay and covered at open of trading again netting me nice profit. Don't accept market data error as I have always suspected there is some loser at the other end. This is like a Ponzi, SHAM, SCAM. Better not put too much money in CMC in case it is a SHAM SCAM like Maddof. Who knows, its has always been buyer beware and trade wisely not greedily.

Once again if you had a long position stop loss being taken out at 37xx-3807 let me know to furnish you the evidence to get back at these scums!!

Have a Merry Christmas!!