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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Slagle who wrote (62433)4/22/2005 12:30:53 AM
From: shades  Read Replies (1) | Respond to of 74559
 
"Shades, Phil has purged any mention of BUD whatsoever from his website so someone must have called him on it."

My gawd - did he REALLY think he wouldn't get caught on this - ARE YOU NUTS!!! Really Slagle I cannot BELIEVE he would think he could get away with that - this really starts damaging his credibility. I really like his broadcasting style, it makes no sense to damage his reputation trying to fake that he got into this stock when that was just not possible to get executed in 3 minutes. Maybe back in his ticker tape days when things were slower he could have successfully traded that - but no WAY today in the age of instant clicking.

"I believe ole Phil might have a screw or two loose, you think? I heard him this afternoon, once he said he bought it two weeks ago and I believe he said twice that he bought it three weeks ago, but at 45.50. That would be impossible, look at the chart. I still have Phil's website page view from this afternoon in my browser and here is what it says: TEACHING PICKS BOUGHT, BUD 'dog' bought 04/20/05 45.50 C 45.10."

I do think he has a screw loose, but that is why I like him, he is so wild and crazy - but he doesn't need to lie about his picks, I have listened to moe ansari a lot more and ray lucia - and these guys are just so boring - investors edge guy he is better to listen too - but next to phil the WIZ is the only one I just really enjoy listening too. The stock doctors and the wize trade guys are ok - but there is just so much charisma from phil and the wiz - I really am dissapointed in phil trying to fool us like that, you know maybe if you email him and show him the discussion here that thousands of people might read and if he would admit the truth people will give him a lot of brownie points for fessing up - like when hugh grant apologized for velvet brown.

"Phil saw the Buffet news this morning and couldn't resist "bagging" one, thinking no one would notice. What is he, nuts?"

BWAHAHA - you kill me Slagle - HAHA!

"Seriously, that stock picking guru racket is bound to be a tough gig."

I agree Slagle, if there is some sound teaching to be done with technical analysis and moving averages and Elliot waves he can do that - why try to hoodwink his faithful followers? He is so charismatic he could really help a lot of people with REAL teaching and admitting his mistakes too so we can all learn - if he would have said well guys buffet spoke and this stock moved faster than I could get in with my buy price - so lets wait a few sessions and see if it can hold and then enter - but why he didn't do that I don't understand. Does he teach elliot waves on his pay site or just the reverse looking trends as moo says?

" If a guy was really good why would he need to try to bamboozle little guys like me out of $39.95 per month?"

Some people like the fame of BEING SOMEONE, being known - makes them feel successful - and thats ok if it is deserved - but he needs to fess up about BUD - there was no way you and I could have gotten in where he wanted us and like you accurately point out - buying without seeing if the rally will sustain goes against everything I have heard him say for the week I have been listening.

" Just place two or three trades a month and rake in the cash, spend the rest of the time at the beach or wherever. Phil is pretty good though. I have heard him call it right on several things."

Well I can forgive a BUD if he makes you money - but there is no need to try and claim a win on a lie - I won on XOM but lost on GOOG - thems the breaks - no need to lie about it. I get so sad when guru's think they can't admit they are just human and we won't deify them anymore - I will still like Phil if he makes a few bad calls - no need to be dishonest.

"Did you hear him say today that he told the "gang" to cover YELL day before yesterday? He did make that call just like he said and I did cover and so far that has been a good call."

Yah I heard him talk about that, I really want to believe him, but his TA almost seems too easy just talking about the banking index and the 200 and 50 MA, but maybe keeping it simple is enough. I do love his stories about the CNBC crowd and how they crook the little guys - I agree with him completely - of all the other radio guys I listened too Investors Edge man was the only one willing to say they are crooks or liars. Moe Ansari didn't cut them, neither did wizetrade guys or ray lucia - I didn't get to hear the WIZ today but I will try to listen to his show in a few hours if it is archived.