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Terry:
You are correct, it was Carmel. I was there at the time at his neighbors
house. Larry lived next door, but was not around that day.
Norman E.
Terry Wyss wrote:
>
> I believe he started in Carmel from what I have read, not Santa Barbara.
>
> Norman Phair wrote:
>
> > To All Members of the Larry William's Fan Club:
> >
> > I will have to take my memory back about 20 years. I accept no
> > responsibility for facts stated here that may be in error. I will tell
> > the story as best I can remember it.
> >
> > Larry decided for what ever reason that he wanted to be a stock broker.
> > He went to Dean Witter, I believe, in Santa Barbara and they turned him
> > down. I believe he did not have the proper education or some reason like
> > that. May be in lived on the other side of the tracks, I do not know.
> > He went to other stock brokers and nobody would hire him. This got him
> > p----- o--. He decided he would show them what he could do on his own.
> > What he did from there I do not remember, but we all know he became
> > a name to remember in the securities and commodity business. I am going
> > to check with a friend in Atlanta who knows him relatively well, maybe
> > he can add some information to the story.
> >
> > Norman E.
> >
> > bshumake wrote:
> > >
> > > Norman,
> > >
> > > This is sent private. You perked my curiosity...what did Larry's neighbor
> > > in Sant Barbara have to say?
> > >
> > > Inquiring Minds Want to Know...
> > > Bill Shumake
> > >
> > > ----- Original Message -----
> > > From: Norman Phair <ericrogers@xxxxxxxxxxxxx>
> > > To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> > > Sent: Tuesday, April 06, 1999 1:35 PM
> > > Subject: Re: L Williams story
> > >
> > > > Norman:
> > > >
> > > > Larry, whom I have met, is in my opinion the best there is inthis area
> > > > of marketing. He comes back every year with new material. We all know
> > > > there are new people out there willing to buy it. I guess he can make
> > > > more money selling books and hosting seminars than he can trading.
> > > > he would be a good car salesman. The story of how he got into this
> > > > business is interesting. I met his next door neighbor in Santa Barbara.
> > > > I will leave this story for another time.
> > > >
> > > > Norman E.
> > > >
> > > >
> > > >
> > > > nwinski wrote:
> > > > >
> > > > > Dtrader wrote:
> > > > >
> > > > > > re Williams: everyone's probably received one of his little
> > > 'brochures' in
> > > > > > the mail at one time or another. he may rub you the wrong way and i
> > > dont
> > > > > > make any excuses for his prior indiscretions or scandals. but all
> > > marketing
> > > > > > gimmicks aside, i actually find some of Larry Williams material quite
> > > > > > creative. i purchased his recent book, "long term secrets to short
> > > term
> > > > > > trading" and find some of his patterns [the smash day pattern for ex.]
> > > to be
> > > > > > decent contributions to the area of pattern recognition and TA. in
> > > the past
> > > > > > Larry has also done a good [and useful] job of explaining open
> > > interest and
> > > > > > inter-month spreads, which are [imho] the back bones of futures market
> > > > > > analysis. again, i don't pretend to make excuses for him or his
> > > 'ways,' i
> > > > > > only say that [some] of his material transcends his marketing
> > > approach.
> > > > > >
> > > > > > Dtrader
> > > > >
> > > > > Dan,
> > > > > I agree with you that on occasion, in his quest to produce the
> > > next "Holly
> > > > > Grail" LW does find a few gems. However, it seems his personality tends
> > > to get
> > > > > in the the way of his be taken seriously on a long term basis. This is
> > > actually
> > > > > somewhat tragic, because LW doesn't lack for intelligence and could have
> > > made it
> > > > > into the market techincians hall of fame. Alas, it looks as though LW
> > > is doomed
> > > > > to be the
> > > > > Pete Rose of market technicians, whereby his personal conduct has
> > > stained his
> > > > > productivity.
> > > > > Pete's addiction supposedly was gamblling. LW's addiction apparently is
> > > an
> > > > > unquenchable hunger to get as many pidgeons via marketing as possible
> > > and at
> > > > > any cost. It's all very sad.
> > > > >
> > > > > Tragically,
> > > > >
> > > > > Norman
> > > > >
> > > > > >
> > > > > >
> > > > > > -----Original Message-----
> > > > > > From: Valhalla <scheier@xxxxxxxxx>
> > > > > > To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> > > > > > Date: Tuesday, April 06, 1999 9:12 AM
> > > > > > Subject: Re: L Williams story
> > > > > >
> > > > > > :That's a classic story about Larry Williams. It deserves to get more
> > > air
> > > > > > :time.
> > > > > > :
> > > > > > :nwinski wrote:
> > > > > > :
> > > > > > :> Tie, Jeffery wrote:
> > > > > > :>
> > > > > > :> > GROUP
> > > > > > :> > I have recently started to use Tom Demark's Sequential, and Combo
> > > > > > :> > countdown to determine turning points. Do any of u use this
> > > system?
> > > > > > :> > Would appreciate any comments.
> > > > > > :> > Jeff
> > > > > > :>
> > > > > > :> Jeff,
> > > > > > :> I learned Sequential from Larry Williams at one of his
> > > seminars in
> > > > > > :> 1979. It was interesting and seemed to have some merit. Larry
> > > promised
> > > > > > :> that he would have more improvements for us over the next year and
> > > > > > :> beyond, but I never got them. He did have some interesting stories
> > > to
> > > > > > :> spice up his presentation which I was naive enough at the time to
> > > > > > :> believe. My bubble was burst when, about seven years later, he and
> > > I
> > > > > > :> were at the same cocktail party and I over heard him laughing about
> > > the
> > > > > > :> stories he made up to tell his audiences. One of them was the
> > > Valise,
> > > > > > :> which was named after the fact that it was supposedly found in the
> > > > > > :> valise of a wealthy old lady. When he talked about how he made this
> > > > > > :> story up, and how gullible people were, he nearly fell down
> > > laughing. I
> > > > > > :> happened to distinctly remember him telling this story of this
> > > important
> > > > > > :> indicator at the 1979 Sequential seminar, for which I paid $3,500
> > > (no,
> > > > > > :> I am not really that stupid, I got some friends to share the cost).
> > > > > > :> Anyway, at the time of the seminar, I took every word he said as
> > > being
> > > > > > :> sincere , despite his fast talking used car salesman style. Live
> > > and
> > > > > > :> learn!
> > > > > > :> So, I will be curious and interested to hear any results you
> > > can
> > > > > > :> derive from Sequential.
> > > > > > :>
> > > > > > :> Good Luck,
> > > > > > :>
> > > > > > :> Norman
> > > > > > :
> > > > > > :
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