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(not sure if this was already mentioned)
But also interesting -- I understand that Williams, Sands and Bernstein
had created a "super fund" of some sort and it went bust.....Buyer
Beware!!!
>Date: Thu, 25 Feb 1999 10:58:51 +1100
>Reply-To: pennyd@xxxxxxxxxxxxxxxxxxxxxxx
>From: Doug Penny <pennyd@xxxxxxxxxxxxxxxxxxxxxxx>
>To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
>Subject: Re: Williams
>
>Its interesting to note that Williams was promoting Sands (at least in
>Australia) a couple of years back. Sands in an interview with S & C
(Dec 92)
>admitted to such extended draw downs all his clients left him. Still
people
>pay an arm and a leg to go to his seminars. Very strange
>
>znmeb@xxxxxxxxxxxx wrote:
>
>> [Quoth the Ira:]
>> >
>> > Just received a booklet from Larry Williams. He is selling a system
that
>> > "The Absolute Easiest Way to Make An Extra $10,000 a Month - In
Less
>> > Than 30 Minutes a Day". I have been at this for over 30 years and
this
>> > is the most blatant ad I have seen in a very long time. What could
he
>> > be selling? Will anyone other the Larry Williams make $10,000 per
mo. on
>> > 11 hours work? It must be near a market top for stocks and a
bottom for
>> > commodities. That is the only time these type of ads flood the
market
>> > place. Ira.
>> >
>>
>> The absolute worst I ever received was from Russell Sands, the
Turtle.
>> It was so bad, I sent it to the NFA. He was recently fined; it may
have
>> been as a result of this brochure.
>>
>> Ads for gold-releated investment are usually a good contrary
indicator
>> to short gold. But Williams brochures don't necessarily signal
anything
>> about commodities, since you can go long or short with equal ease.
>>
>> --
>> znmeb@xxxxxxxxxxxx (M. Edward Borasky) http://www.teleport.com/~znmeb
>>
>> If God had meant carrots to be eaten cooked, He would have given
rabbits
>> fire.
>
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