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Strategies & Market Trends : Banned.......Replies to the A@P thread.
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To: Smiling Bob who wrote (2551)1/25/2005 6:07:19 PM
From: olivier asser  Read Replies (1) of 5425
 
That's right. I intentionally limited the membership. You see, unlike AP, I didn't need to have 500 traders slamming the public domain with fraudulent posts and stock market price and volume manipulation in order to see my calls turn a profit for my clients. Not only that, I didn't want my clients to compete against one another for fills, as has been alleged some traders knew about trades before others did at AP's site. The record posted there incidentally are fills reported by my clients, not some phantom entries. Very often they were 1-2 sticks worse than the best client execution. Had I recorded only those, then double the returns.

By the way, that site was open to all interested parties for free for 3 1/2 months. I charged fees for only 2 1/2 months before in early 2001 I said guys call it a day active trading is no good right now, save your profits before you lose them and yes that cost me a significant income, that good faith recommendation to quit while you're ahead for now. Maybe if Tony had taken a breather from trading then he would not be in this fix, because as I recall the FBI chicanery started right about when trading took a serious dive in early 2001, very few trades to be found anywhere then.
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