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Pastimes : Why teach if you can trade?

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To: trader_joe who wrote (237)1/7/2001 11:28:55 PM
From: Lee Lichterman III  Read Replies (4) of 313
 
I wasn't going to respond to you and was going to PM Chris and tell him it wasn't worth the heartburn but I decided to at least tell you to read through his thread. It is not a thread for his stock picks, guidance etc. It is a collective effort of all posters there where we share ideas, views, and rarely trades. it mainly focuses on overall market direction and is, as I said, a collective effort of Chris, Don, Dave, Les, Dennis, myself, Challo, Terry and ANYONE else that has a view. Not many threads allow opposing views.

I think you are getting lashed out at because you are jumping to conclusions without even reading the threads or sites you are making assumptions about.

Yes, I have a site, so what, it is free, we don't charge and it is a useful tool so traders DON'T have to go and pay for someone else's stuff. What is wrong with that?

PS - What is the real no kidding track record on the sites you picked. I know one that only posted two trades in all of last year in a timely manner and one of your other ones was holding all the high flyers from their highs in the multi hundreds to their deaths in the teens.

I do want to thank you though for opening my eyes to one person I thought was long gone years ago. I had no idea she had changed her identity and hung out with the moderator of one of your thread picks. While I never had a problem with her, I do know that litigation was a favorite hobby.

FWIW - I have never seen Chris this upset in the 3 years I have known him. You have an uncanny ability to tick people off. Your parents must be so proud and you must be very popular at work.

As for the subject of this thread, I can understand charging enough to cover the expenses of running a site, maybe 5-10 bucks a head. Anything over that is suspect and I would have to agree that the owners must not be making much trading if they have to charge in the hundreds of dollars. Making a living out of advisement is certainly OK and steadier work, but they shouldn't also try to claim they don't need the money because they are doing so well at trading. There are successful traders and there are unsuccessful traders that give good advice charging for that advice and the two are not the same.

Good Luck,

Lee
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