Re: Larry Pesavento - another CROOK - can't trade but "teaches"

On 26 Nov 2003 09:19:27 -0800, [EMAIL PROTECTED] (consuming)
wrote:

>I took a good look (and read) of Pesavento's website. He's got a
>minute chart of the emini SP. If that was true man, he sure would be
>rich. 20 points in 1 1/2 days. Day in day out? eh eh eh!
>
>Another way to look at it: if his stuff works, and if Miner's or Bryce
>Gilmore's (there are all friends and know each other) "knowledge"
>mimics the "truth" they would be doing this:
>
>- live by the sea.
>- manage money (at least USD100M if not more).
>- change their internet presence to one where all three identify
>themselves as money managers.
>
>There's a world of diference between sites by Robert Miner, Larry
>Pesavento and Bryce Gilmore and those of
>
>- Ed Seykota
>- Curtis Faith
>- Galt Capital
>- Cheesepake Capital
>- etc,
>- etc,
>
>Still another way to look at it: do Miner, Pesavento or Gilmore
>present IRREFUTABLE EVIDENCE of how much they have been making for the
>last 20 years???
>
>I'll even include Linda Raschke, Robert Krausz, the Longs (family of
>Krausz in the busniess of astro "finance" - love the term eh eh eh ),
>Bressert and all other vendors out there. I mean there are thousands
>of them. A bunch of cynics, liars, crooks, swindlers.

If they are registered CTAs, then they will have a disclosure document
that sets forth audited trading results. If they can't produce that
(regardless of whether or not they are registered CTAs), then why
would you place nearly $200,000 of your reitrement money with them? Of
the aforementioned gurus, I know of one who has never made money, yet
manages several million dollars of other people's money, and another
one who is a so-called "expert" but now follow's Woodie's CCI method
and I believe is affliated with him. The blind leading the blind.

Peace,
Lowell