Sorry for the late response but I just found out about your post.
Well, Gee, I called for a short term rally which we got, it hit my targets but you weren't happy.
So I posted a warning to watch the dollar and buy the XAU. The dollar fell dragging the market with it, the XAU rallied but you weren't happy.
I posted it was close to a low and it was time to start buying up tech for a bigger rally and even gave NUMEROUS FA and TA reasons for it. Of course all that confused your mind so I brought it down to your level Sunday in straight forward language. We are going to rally, the Fed will ease etc. Hey, we just went up almost 300 points Genius! Yes, I expected a retest in the future and that may prove wrong but people made money off the beginning of that call and I will tweak accordingly as we go.
Of course my calls are in advance and I don't wait until a big move comes then say, it all is happening as I expected.
This all started long ago but you just won't let it die and it isn't just me either. Everyone sees it and we can tell when it is coming.
When Don was considering stopping his posts on SI and had an outpouring of support a couple weeks ago, I noticed you too threatened to quit but there was a deafening silence as only one poster asked you to continue. After that one post, all that was heard were the crickets and the wind blowing through your ears. Strike one. Then as Hahn's site drew a crowd, you probed to see if he was posting other people's pictures so you could try to get him shut down. Yes I copied the post.
To: George S. Cole who wrote (62697) From: LG Friday, Nov 17, 2000 11:17 AM ET Respond to Post # 62699 of 62790
George S. Cole: I understand Hahn is now charging for access to his web site? If so, is he still using graphics captured from other sites for illustration? Regards, LG
Message 14832177
Strike two.
Now after proclaiming gloom and doom a the exact bottom of the market and seeing us calling it a buy, you got strike three and the mighty Casey struck out again.
You accused me of postponing my calls until the futures were up following Thanksgiving. On thanksgiving weekend, my late posting was exactly as I said, I spent the day with my family and caught up on some sleep which I hardly ever get during the work week as the Thanksgiving Turkey took effect. I posted a week or two ago that the next dip was a buy opportunity and I was going bullish for the mid term. That night's post was just to confirm that call and show that there was new evidence of the direction turning up from the advance decline chart. That chart clearly shows when the buys should be made and it has been posted before at major turning points.
I think LG should worry about LG and stop worrying about everyone else.
Your Ego destroyed MDD from the once great vehicle it once was. You caused everyone to scatter about SI so we have to read 5 different threads now to get the same analysis that we could just come to MDD for. You ask why anyone would read the Clown thread. Maybe it is because Heinz and Les hang out there and provide good input as well as a few others there that dig into the FA of the Market which is absent on MDD now that you forced everyone off of it. Stock attack now has the other good charters and quick news gatherers. Jim is over on his thread and William hangs out on Kahuna while Poet and many of the others are on the Options thread. Jerry and GZ had to go all the way over to Ike's thread. When we exchanged PMs a while back, I told you you were a good trader but half the time, no one could understand you. This was in response to you getting all upset because others got credit for calls while you felt left out. You slammed me and banned me from MDD then turned around and changed your postings to fix those problems. Surprise, you started getting more recognition. However lately, you started speaking in tongues again and then tried to take credit after the fact making those dumb "I love it when plan comes together" posts when you never said in advance what you expected or else would say "something is lining up to happen, Well DUH! You can fool some of the people some of the time but not all of them all of the time.
When I accused you of copying Don, I know you have your own system but at that time you were posting one direction then as Don posted a call, you did an abrupt 180 degree turn posted a mirror image of his call. This lasted for about a 2 week period and not once did your post ever occur less than 10 minutes after his call. Yeah, it might have been coincidence but it was also a time when your calls were stinking. The stinking part I could care less about since we all have dry periods where we struggle and god knows I have made some bad ones as well.
When I saw the post on MDD praising Don last week, I said to my wife, Oh Boy, look out, this will get LG fuming. Well, it didn't take long and the next day you started throwing barbs at us, for nothing except posting calls which were good and someone noticed. You know darn well Don is one of the best minds on SI. It just goes to show how jealousy spurs these comments. You claimed you can't make an account to track your progress due to lack of time. Since I am the one that keeps that tally sheet on the site, I can tell you it takes me less than 60 seconds to update it each night. I think maybe you would be pressed to make real calls in advance or at execution and have a real track record of those calls over the course of a year and especially staying as conservative as he does. Don has actually done better than the sheet shows but accidentally posted late and we don't allow any late postings. Our view is if J6P couldn't execute the trade in time, then it shouldn't count. You ask can anyone make money following a person's system, that is about as honest a track record as you can get!!! Keep in mind also that we only use about 10-20% of the money in any one trade direction and never expose over 30% including hedges out of cash. If those increments were increased, that portfolio would be much higher. We came up with a conservative vehicle to allow lurkers of all experience to participate with minimal risk to outperform most funds. I think Don has done very very well in doing these trades. How many people are up over 30% and able to sleep at night with positions on?
I really don't want to drag him into this but you have been attacking us both off and on just more me lately. We have exchanged PMs for months now about this. Why don't we just get it all out in the open and get it over with.
We both know what caused this in reality
We all went in on a site together but it fell apart due to too many people being involved and poor planning. We went our separate ways with the idea we might do it again ( You sent the e-mail and said to keep it quiet). In the mean time, Don got harassed off SI and since I already had a site up and going, I asked him to join me so he would still have a voice and everyone was screaming for him to post. He agreed. AFTER he had already agreed, you asked him to go in on a site with you, since he had already committed to mine he refused ( Integrity is nice now days!) and THAT IS WHEN you started all this bickering and petty jealousy. I have had it with your nonsense!
As for a competition of some sort... You know I work full time and often long hours as military life does not allow me to day trade much and I can not post from work which is why I don't post during the day or trading hours. When I take a few weeks off next summer, if you want to have a duel, great. Otherwise, I post my thoughts every night and I post my charts for review. I post more of my trades than I think you do and the ones you try to point to are so obvious it is ridiculous. i.e.: QCOM out of a long base, increasing volume etc. You gloated about that one ( the only one I think, for over a month) I admit when I am wrong too and have admitted and posted such numerous times. you say I don't make much trading and I have been honest all along that I am a small time trader and you all probably make more on one trade than my entire account balance on any given day. Excuse me for not being a millionaire. I don't apologize for it and at least I am trying and making good gains at least on a percentage basis. My gains go towards my living expenses to supplement the lousy pay of service and to counter the erosion of benefits under Clinton since we lost medical, Dental and other things we used to get.
Feel free to respond to this and say what you will after you get out of SI jail but I don't want to respond to you again. This is getting really old. If there a compensation problem, buy a Big red car like other men do and leave us all alone!!!!
You stay on your threads, and I will stay on the ones I hang out on. Once again, thanks for ruining what was once a great thread and making us all read 10 times as much to get the same content.
Lee |