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David
we go way back re This !
if you have the gun - be glad to supply the ammo .....
rgds
fletch
----- Original Message -----
From: David Cicia <David.D.Cicia@xxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Monday, March 01, 1999 10:52 AM
Subject: Futures mag sells opinions?
>Last month Futures mag surprised alot of people by printing an honest
>negative review of the the latest crap self-promotion book from Bill
>Williams. From personal experience and alot of wasted time in the past I
>can assure you that the review was correct. Some people here said,
>cynically it seemed, that this was able to happen because BW did not give
>them ad dollars.
>
>Well guess what. This month BW has an ad in their mag, and low and behold -
>they print 2 long letters to the editor (I strongly suspect, because of
>their style and lavish wording, written by BW himself!!) glowingly praising
>his trading prowess, his courses, etc etc. I have never seen so much space
>devoted to free testimonials before. I could puke because it is all lies -
>and BIG ones at that!
>
>Goes to show you the cynics were right!! In this industry the pretenders
>can buy their way to respectability. (Not to mention the good-old-boys
>network of vendors who scratch one another's backs, often for kickbacks,
>etc. etc.)
>
>Whether it is TradeStation, or data providers or vendors of systems, or a
>market guru, it is important to stamp a very very large CAVEAT EMPTOR
>(buyer beware) on EVERYTHING that you get pitched at you! Not just in the
>industry rags either - from ANYWHERE!
>
>What goes on in the business is truly disgusting. In most other industries
>most of these things wouldn't be tolerated. Run the bums out of town.
>
>There are plenty more like BW out there. In fact, probably the rule rather
>than the exception. Sad but true. The risks of trading are not just in the
>markets! It's a big risk just trying to get through the jungle to learn how
>to trade. We don't need fraud on top of the inherent difficulties of
trading.
>
>That's why I am also in favor of Mark Brown's rantings on this list. He is
>uncouth but certainly the scam artists out there need exposing. He's like
>the little boy shouting "the emporer has no clothes!" Also sad but true. I
>appreciate honesty in all areas of my life and relationships. I want it in
>this business also. Don't find much though.
>
>David Cicia
>
>
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