Jeffrey Horvat - Testimonial Letter

THANK YOU PETER!

Dear Peter,

As a 3rd year subscriber I felt it was time to thank you for all the help you have given me in my trading endeavors. In fact, you are the guy who got me started.

I never had much interest in the stock market until I saw your free online book. At the time the job situation here in Upper Michigan was pretty bleak as usual.

So I read your on line book. Then I read it again. I loved it so much I tried to print it out with no such luck. So then I read it again and this time wrote the whole book out longhand. All the while hoping to see it one day put in regular print.

I bought my first stock in October and to this day have bought 18 more. I have made 13 completed trades losing money on only 2 of them. The 2 losses only totaled to $22. My average profit margin last year was 12.5%.

So far this year I have completed 6 trades all in the money with a 23.5% profit margin. As of this time I am holding 6 stocks.

My goal is to eventually buy my shares in lots rather than in hundereds in order to capitalize more on a smaller percentage move.

The funny thing is that out of all of my buys only 3 of them were your own picks. The rest is my own due diligence. That's what you taught me right? So that's what I'm doing.

You have trained me to spot stocks that will go up, not down. My not using many of your picks should in no way be perceived as a reflection of you. It's just that I don't want anybody holding my hand as I venture through this financial jungle called the stock market. I must learn to stand on my own two feet resting on nothing but DUE DILIGENCE!

The truth is Peter that I think you are a brilliant economist! I read and printed out both yours and John's articles as you write them.

You are more than just another stock guy to me. You seem like a wonderful person and I'll bet you have a wonderful family who loves you very much. I have prayed more than once that your health problem be gone and that you and your family know Jesus Christ as your personal savior! For he has used you as a great blessing in my life!

Thank you Peter. May God bless you and your family more than all the money in thts world ever could.

Your student,

Jeff Horvat, Michigan