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Joe:
Is this the 'guru' who purports to make a living day trading and charges
people for lessons as to what positions he had AFTER THE MARKET
CLOSES! How do we know he even takes any trades or does ANY
trading. ITS ALL HINDSIGHT! Gee, so you REALLY had a short
position at 12:45 PM CST in the SnP's? GOLLY WILLIKERS......
Yeah, I can see the contract made a high about that time. I think
everyone gets my saracism.
One of these is Ellery Coleman who all should avoid like the plague,
IMHO.
Charles
----------
> From: Joe Frabosilio <joe6964@xxxxxxxx>
> To: chmeyer@xxxxxxxx
> Cc: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Subject: Re: Williams
> Date: Wednesday, February 24, 1999 7:23 PM
>
>
> Hi everyone,
>
> I had basically the same argument a couple of months ago on another
board.
> This is IMO the best way for gurus to make money. It was log on to my
site
> and watch me trade. This is a gold mine without even placing a trade.
To be
> a member ( and there were about 5 gurus doing this at the same time) pay
> ~$250.00- $300 a month. Guru gets about 100 people to do this. $300 *
> 100(traders)=$30k a month, thats just the start. Not counting on hype
from
> members who claim they made money. Why Trade?? Just sit there and call
out
> trades.
>
> There was one guru who had about 350 traders, charged $300 a month =
$105k a
> month. And admitted he didn't have time to chat and trade, but called
out
> trades anyway.
>
> Yes, I have purchased books like, Hit and Run, Street Smarts and Dynamic
> Trading. The one thing that was different about these books and others
they
> came with a guarantee, 30 days to 1 year.
>
> I tried to explain that trading takes work, that didn't go over to well.
> Maybe I should just sell a service on trading, doing what I do. (no
thanks I
> couldn't sleep at night)
>
> TradeWell,
> Joe Frabosilio
>
>
>
> charles meyer wrote:
>
> > Ira and Group:
> >
> > Larry Williams doesn't have to trade. He can make more money,
> > with less risk, by selling and marketing. I think he once told someone
> > that the big money in this business is in being a vendor. That
notwith-
> > standing I would like to quote Steve Forbes to wit: "There is more
> > money in selling the advice than taking it". And I venture to say that
> > is exactly what Larry Williams is doing.
> >
> > Charles
> >
> > ----------
> > > From: Ira <ist@xxxxxx>
> > > To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> > > Subject: Williams
> > > Date: Wednesday, February 24, 1999 4:02 PM
> > >
> > > 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.
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