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11 July 1997
5150 wrote of the Joe Ross book spreads and seasonals. Read it for pure
enteratinment. Mostly Unsubstatiated hype generally copied from Moore
Research. MR is interesting but only as a guide despite % claims. Certainly
a very good reference work. Also expensive for beginners. There are better
authors than Ross who is a salesman who is not able to intellectualise his
ramblings but treats them as gospel. There are no gurus in this business.
Some may like to think they are but that is all.
Read better people like Bernstein, Williams, Schwager, Caplan, Babcock and
Elders and also follow the excellent experience of the folks on this
discussion group who are at the coal face day to day.
Good trading and watch out for the con artists with expensive tastes.
Patrick Collins
Watermans/Guarantee Trust
gtwaterm@xxxxxxxxxxx
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