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Re: Bill Williams



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Tim Proeber wrote about Bill Williams:

> I agree.  I received a flyer from Bill Williams about 2 weeks ago.  I
> did not read it at all.  Why?  It is related to what David Cicia said
> about B.W. saying all this macho crap about "coming from fear", "don't
> use MM" . . .  I did not read it because on the cover was a picture of
> him, arms crossed like a bad ass, a scoul on his face, and with a ground
> level up camera angle, making him look 10 feet tall.  When I see stuff
> like that, I read no further.

To quote John Goodwin, "I'm confused and afraid"!  I was told by one
individual
who was a student of Bill Williams that afterwards he wanted to punch him
in
the mouth.  I related this story to someone whose opinion I respect and the
feedback was that he lets his students watch him trade and extract money
from the markets; and that you will always have a certain number of
disgruntled
individuals.  I can see where his money management information can be in-
terpreted as bad or good advice--perhaps poorly communicated.  All in all,
is
this another case of "Those who can; do, those who cannot; teach"?  Also,
my understanding is that there are traders who are successful using his 
theory of market fractals.

Charles.