JonnyT,
I can take a good guess at how this works by looking at the sample trade on the website. I can also see that the trade is from 23.3.01 when the Dow was much more volatile than it has been for the past 18 months. I would imagine that an average of more recent trades would produce much less profit.
It might be that this method works well in volatile markets but is not as good at the moment. Having said that, the past few days seem to be picking up. I hope we do get back to more volatile days as there are lots of ways to make money when there are big moves in the indices. I just don't feel the need to part with $97 to find out another one, especially as it looks like it could be a re-hash of the other method he was selling.