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.....and the last one who tried it was Warren Buffet with his silver <g>
rgds hans
> I heard before this technique was also use by Jeff Vinik (fund manager of
> Fidelity Magellan) in his TV interview, where he recommend a buy on some
> stock and he was caught actualling selling it.
>
> So, the bigger the name , the more one should fade him on TV, eh?
>
>
>
> Terrence Smart wrote:
>
> > Earl,
> > Stanley Druckenmiller is a snake(albeit a very good and a very
> > smart one).
> > Since he was given a global audience to talk his book a la the inside
> > smart money mouthpiece "CNBullC", he moved the market 10 points and
> > lowered his cost of entry for his short position.Trust me ,if given that
> > position, I would do the same thing. This game is about misdirection. If
> > the little guy with his 401K had any idea what was going to happen there
> > would have been a 2000 point selloff.I worked on Wall Street for many
> > years and saw many an account get deliberately picked off.This is no
> > different.
>
>
>
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