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Just to be fair, it should be noted that these tacky info-mercials are not
created or owned by the likes of Larry Williams, Jake Bernstein, etc. They
are simply hired hands-- same as Sly Stallone is hired by a movie producer
to star in a Rambo flick.
"Hey Larry -- I'll give you a cool mill to sit in front of a camera for a
couple of hours and spout off about your incredible trading system. Once
enough suckers respond and I recover my investment and make another mill,
I'll give you 50% of everything we take in beyond that-- how's that sound
Larr??? What da ya think ??? -- Sound good??? -- Beats trading, Yes???"...
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At 10:01 PM 6/29/98 -0400, you wrote:
>> Why would you think there is "not any true risk in a trading contest"
>> ???
>> It was real money and the account was being traded in the real market.
>>
>> Larry did have a $300,000 draw-down on his way to $1.1 million, so
>> obviously
>> this occurred after he had bumped the $10K start-up a bit.
>
>Obviously, the perenial question is, if he is so good at trading why
>does he spend so much time hawking trading systems and classes in the
>same cheesy fashion as Ron Popeil and Ginsu knives?? Although I have
>heard enough about him to respect him more than most, his marketing
>tactics are quite unprofessional, IMHO.
>
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