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

Ever hear of a guy named "Gann Wheel Man"? I was in his room for a
month and boy, was he strange. He would scream out abuses, whether you
asked him a question or not.  Without saying as much, he intimated
that he made a lot of money trading, but never made a specific claim
in that regard, although one of his students by the name of "Mike"
purported to be making obscene amounts of money. Hard to tell, since
neither or them EVER called a trade in real time (his escuse for this
was that he didn't want to get in trouble with the CFTC).  He only
charged $90 per month to be in his room and purported to teach his
methodology. However, he was so lacking in his ability to teach that
it would probably take you a year or more to learn it.  I left after a
month when I saw him looking at different indicators each day --
changing the time charts or indicators to fit the day's pattern.
Pretty useless stuff, but some people swear by him.

Peace,
Lowell

On 28 Nov 2003 16:11:38 -0800, [EMAIL PROTECTED] (consuming)
wrote:

>Dave:
>
>I will accept that some sucessful traders teach BUT they tend NOT to:
>
>- advertise publicly that they teach (as Pesavento does)
>- spend hours on line regurgitating "commentary" (as Linda Raschke
>does)
>- use planetary motion to determine trades (as the Longs did - they're
>out of business since 2000 - accounts bankrupted ...)
>
>A guy like Ed Seykota teaches. And thank God he does! I took two
>ultra-expensive seminars with Tharp (understood shit and I did the BA
>with 3.89 GPA, honors courses at the U. of Michigan '88, then a MA at
>the U. of Chicago, also top honors). Then I went up to Boulder,
>Colorado - NLP Comprehensive and I got it all in the first 3 days (15
>days intensive certification) ... for half the price of what I paid
>Tharp.
>
>Do some research and see for yourself the style between Seykota's
>educational efforts and all these crooks, bastards, liars, scammers.
>For God's sake!
>
>I mean VERY FEW PEOPLE are willing to talk about this. Man it makes me
>MAD! There's a number of sons of a bitch liars and crooks out there
>suggesting, eluding, that they trade. They trade NOTHING. They are a
>bunch of LOOSERS. NAmes?
>
>- Pring
>- John Murphy
>- Bollinger
>- Wells Wilder
>- Appel
>- Pesavento
>- GIlmore
>- Miner
>- the Longs
>- Krausz
>- Linda Raschke
>- Tharp
>- George Lane
>- etc
>- etc
>
>Not ONE single bastard will actually post AUDITED trading statements
>for the last 20 years! NO ONE SINGLE ONE! So, what do they do? Trade?
>Really? You got to be kidding me man!