Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Banned.......Replies to the A@P thread. -- Ignore unavailable to you. Want to Upgrade?

To: olivier asser who wrote (2524)	1/25/2005 2:43:49 PM
From: Pluvia	Read Replies (1) \| Respond to of 5425

oli, you need to put a clamp on yer pie hole till you can correctly select your head from your ass. >If you pay an investment adviser huge monthly fees for investment advice and incur losses and opportunity losses on those recommendations, please explain how those trades might fairly be labeled "self-directed"? I'm sure all those AP site members paying in total c. $3 million for AP, Pluvia, Mama Bear, Truthseeker and Goldfinder recommendations, expecting to receive honest advice, when a group of enterprise co-conspirators were front running those calls or covering into short recommendations, should be attacked for their own choice to trust AP and his group. Incredible: you go out there and scream follow all my calls, I'm honest, I never lie, my record is 90% and above; then you trade against those who trust you and you say sorry it was your own choice no one forced you but thanks for the $3 mill in investment advisory fees, we don't offer refunds! Oh, OK. You need to carefully review our mail and wire fraud statutes if you believe this kind of activity is permissible under the laws not as AP and friends interpreted them but as our judicial system does. There is something very wrong with traders believing SEC and FBI are somehow their private preserve to help them manipulate stock prices. If you don't see that, then you need to review the verdicts carefully.

To: olivier asser who wrote (2524)	1/25/2005 3:12:32 PM
From: Dave O.	Read Replies (1) \| Respond to of 5425

< If you pay an investment adviser huge monthly fees for investment advice and incur losses and opportunity losses on those recommendations, please explain how those trades might fairly be labeled "self-directed"? > They're self directed if you traded at a Cyber, Interactive Brokers, MB Trading, and other direct access firms and executed your own trades as opposed to having a broker at Merrill Lynch, Goldman Sachs, Morgan Stanley, etc. You, the client, CHOOSE to go long/short based on your decision making. The stock picks that are provided to you (any client) are merely recommendations. We got all kinds of crap in the office every day with picks (Jag Notes, Pristine and more). Did we feel we HAD to follow those picks? Hell no. Any intelligent trader does his/her own due diligence. Did you think trading was an ATM machine? Now on the topic of paying "advisors". Did you not state you gave advice to clients? Did you do this free of charge? I suspect not since you stated "I advised all of my clients to completely quit day trading stocks in early 2001, which decision my clients repeatedly requested I reconsider, which I said they must accept, QUIT, you'll lose all profits if you continue DT now - which decision cost me a six-figure income". You had a 6 figure income from giving trading advice? Is that correct? And yet you claim you lost $10 million trading? Why would people pay you for advice given your trading record? And did you divulge any trading history to clients? Did you have prior experience as a Wall Street analyst? I have no clue how your case will turn out. If Berber et. al. did illegal things then they need to pay. But ... I doubt you'll see a penny for your trading losses as you made a conscious choice to put on those trades. And I suspect any competent attorney will make that point.