Running With The Shark

[skiracer]

I don't think much of the guy or his advice but he is marketing a product and probably making money from his investment letter which no one here is doing. So even if he is a charlaton he's doing something that no one here is doing and probably making money doing it. Some percentage of the investing community believes in him at least for the first months premium. Take a look at Doug's cup and handles breakouts and what the percentage of winners is against the non breakouts and tell me if you think you could sell that info for some subscription amount per month. I say don't knock it to much until you have tried doing it yourself and been successful at it to some degree. So it boils down to either doing it for real or not doing it and just blasting the other guy that is doing it. I don't think the Rev cares what anyone has to say about him as long as he continues selling subscriptions whether his setups make money or not. Just like O'Neil, who most likely has more money than anyone here, who keeps selling his concept regardless of it being a positive and productive method or not. Anyone here can send me $100 a month and if I don't give you more than $100 a month in gains I'll give you the $100 back each month that I don't produce just as long as you make the trades I make. Otherwise I say don't knock the guy to much because he is surely doing something that no one here is doing.

[IIC]

I don't think much of the guy or his advice but he is marketing a product and probably making money from his investment letter which no one here is doing. So even if he is a charlaton he's doing something that no one here is doing and probably making money doing it. Some percentage of the investing community believes in him at least for the first months premium. Take a look at Doug's cup and handles breakouts and what the percentage of winners is against the non breakouts and tell me if you think you could sell that info for some subscription amount per month. I say don't knock it to much until you have tried doing it yourself and been successful at it to some degree. So it boils down to either doing it for real or not doing it and just blasting the other guy that is doing it. I don't think the Rev cares what anyone has to say about him as long as he continues selling subscriptions whether his setups make money or not. Just like O'Neil, who most likely has more money than anyone here, who keeps selling his concept regardless of it being a positive and productive method or not. Anyone here can send me $100 a month and if I don't give you more than $100 a month in gains I'll give you the $100 back each month that I don't produce just as long as you make the trades I make. Otherwise I say don't knock the guy to much because he is surely doing something that no one here is doing.

Nice to see you are still among the living.


BTW...It is spelled "charlatan"...which means "quack"...So...What's your point???...All I can get out of it is that you think it is Admirable to con people outta their money...But then again...I could be mistaken I guess.

[Tatnic]

Nice to see you are still among the living.


BTW...It is spelled "charlatan"...which means "quack"...So...What's your point???...All I can get out of it is that you think it is Admirable to con people outta their money...But then again...I could be mistaken I guess.

I have old friends from the aol days that spent a year or so with Rev (they paid the yearly subscription) and made decent money and said it was worth it. Of course this was in the sweet spot, ie late '03 onward.

I don't doubt that rev and lizzard and hal, etc are good traders, but I'm guessing they make the bulk of their income from their business and not from their trading. Its a business much like running a hedge fund....most hedge fund managers don't really make their living from their trading accumen, its more from the fees they charge.

And don't forget the button pushers at all the brokerages who collect 1/2% of assets under management for doing nothing much...no one screams about that.

Nice work if you can get it.

[Tatnic]

Tatnic, did you see this? LINK

or this? LINK

Cramer says that he doesn't like it because it was a spinoff 10 years ago from Merck or something... I think it's time he goes on his show like this:



We all make mistakes... time to fess up

I'm not at all surprised you're onto this one (ccc), not only because its in your back yard but because you find good companies.....hey, remember our old friend TGC? Boy is that chart perking up, or at least it was a few days ago when I checked.

[Tatnic]

I'm not at all surprised you're onto this one (ccc), not only because its in your back yard but because you find good companies.....hey, remember our old friend TGC? Boy is that chart perking up, or at least it was a few days ago when I checked.

wrong ticker....should read TGE, and I missed my best chance at this one when it broke abouve resistance just over $9. Maybe you caught it?

[peanuts]

wrong ticker....should read TGE, and I missed my best chance at this one when it broke abouve resistance just over $9. Maybe you caught it?

I got into the stock too early. The fundamentals supported a hold, but a poor technical entry led to me to getting stopped out of the stock. I have a bad habit of getting so mad at my stopped-out stocks that I take them off all of my lists so I don't look at them anymore. What I should do, I guess, is to make a separate list of the stocks that get stopped-out, and record my exit price and amount lost, so I know when they are making the move I was initially looking for. I've totally missed the move that TGE has made recently, but it is impressive. I think it has much more upside to it.

I agree with what you said about CCC to River... either a really tight, or really loose stop. $9 would be a bargain for this stock, IMO.

[IIC]

I don't think much of the guy or his advice but he is marketing a product and probably making money from his investment letter which no one here is doing. So even if he is a charlaton he's doing something that no one here is doing and probably making money doing it. Some percentage of the investing community believes in him at least for the first months premium. Take a look at Doug's cup and handles breakouts and what the percentage of winners is against the non breakouts and tell me if you think you could sell that info for some subscription amount per month. I say don't knock it to much until you have tried doing it yourself and been successful at it to some degree. So it boils down to either doing it for real or not doing it and just blasting the other guy that is doing it. I don't think the Rev cares what anyone has to say about him as long as he continues selling subscriptions whether his setups make money or not. Just like O'Neil, who most likely has more money than anyone here, who keeps selling his concept regardless of it being a positive and productive method or not. Anyone here can send me $100 a month and if I don't give you more than $100 a month in gains I'll give you the $100 back each month that I don't produce just as long as you make the trades I make. Otherwise I say don't knock the guy to much because he is surely doing something that no one here is doing.

Ski...Guess you are too busy today to respond to my post last night...However, let me respond to part of your original post...I underlined the part I'm responding to above.

There is a HUGE difference between giving Recommendations and offering Data/Info...I don't give recommendations...All I'm trying to do on the CwH's is provide some info to save people some time if they like the chart pattern...I'm not telling anyone that they will all breakout...In fact, I know most won't.

The way I set up my own lists from my CwH's has been very profitable the last 7+ weeks...Those that subscribe to my FREE email will soon hear from me on what I'm doing... I'm not saying my way is the best for anyone else...But, I believe that most of my subscribers are intelligent enough to consider what I am saying and hopefully they can adapt it to their own personal preferences and make some $$$.

As for you...You can receive my email for $4,995 yr...For everyone else...It's FREE

[riverbabe]

Please settle down Doug. I think he means this constructively and not to knock what you are doing in any way. IMHO I interpret what Ski is saying is that not to knock the other guy unless you have also tried to do it yourself. I think it would be a challenge for anyone with a talent and a dream to do what any of the sub offerers are doing, with or without success. I actually think your $$ service would be successful. Are you willing and able to provide that service for $$??? And stand behind it? I think you have the balls to do it. So why not? River

[IIC]

Please settle down Doug. I think he means this constructively and not to knock what you are doing in any way. IMHO I interpret what Ski is saying is that not to knock the other guy unless you have also tried to do it yourself. I think it would be a challenge for anyone with a talent and a dream to do what any of the sub offerers are doing, with or without success. I actually think your $$ service would be successful. Are you willing and able to provide that service for $$??? And stand behind it? I think you have the balls to do it. So why not? River

First of all River...I enjoy giving Ski a hard time...And after all these years I believe he knows that...It is mostly a Fun thing...At least on my side(And I think it is on his side too)...If I ever meet him in person...He gets a BIG hug from me...although he better watch his back...Just Kidding ...LOL.

Paid site???...I'd love to do a paid site...Problem is that I work MORE THAN F/T (I've got 4 work things going on right now as a matter of fact...I have been on/off the phone since 11:15pm last night till now).

The problem w/ me and a paid site...Many people including my trading partner and my Dad say I should do it...Is that I know I cannot ALWAYS be there to give people their money's worth...I'd love to sit here all market day and give everyone updates in RealTime...But I am not about to quit a very well paying job to do that...Maybe in about 10 years I will do that???

I just can't see trying to charge for something when I have to drop everything because of a work emergency...In fact, during this post I've had to stop for 3 work related phone calls...Maybe someday???

[billyjoe]

Doug,
I'd conservatively say you do more stock research than 75% of those putting out newsletters, especially the big names.

-----------billyjoe

[IIC]

Doug,
I'd conservatively say you do more stock research than 75% of those putting out newsletters, especially the big names.

-----------billyjoe

Thx Billy...But to be honest...I'm not Mr. In-Depth Research...I love making money and I love helping others to do so too...I really like all the the Thank You emails I get...But some people need to realize that I am an IDEA GUY...Not a Recommendation Guy

[riverbabe]

First of all River...I enjoy giving Ski a hard time...And after all these years I believe he knows that...It is mostly a Fun thing...At least on my side(And I think it is on his side too)...If I ever meet him in person...He gets a BIG hug from me...although he better watch his back...Just Kidding ...LOL.

Paid site???...I'd love to do a paid site...Problem is that I work MORE THAN F/T (I've got 4 work things going on right now as a matter of fact...I have been on/off the phone since 11:15pm last night till now).

The problem w/ me and a paid site...Many people including my trading partner and my Dad say I should do it...Is that I know I cannot ALWAYS be there to give people their money's worth...I'd love to sit here all market day and give everyone updates in RealTime...But I am not about to quit a very well paying job to do that...Maybe in about 10 years I will do that???

I just can't see trying to charge for something when I have to drop everything because of a work emergency...In fact, during this post I've had to stop for 3 work related phone calls...Maybe someday???

Hey, fair is fair. I love your dad and I also love Ski (forever). Whatever brings you the greatest award is what counts here. All I am saying is that you have an amazing talent to pick great stocks, and to be able to discount them as "one person's opinion." You know, you have the knack to be able to pick them. Good for you! And good for those of us who are listening! River

[Tatnic]

I got into the stock too early. The fundamentals supported a hold, but a poor technical entry led to me to getting stopped out of the stock. I have a bad habit of getting so mad at my stopped-out stocks that I take them off all of my lists so I don't look at them anymore. What I should do, I guess, is to make a separate list of the stocks that get stopped-out, and record my exit price and amount lost, so I know when they are making the move I was initially looking for. I've totally missed the move that TGE has made recently, but it is impressive. I think it has much more upside to it.

I agree with what you said about CCC to River... either a really tight, or really loose stop. $9 would be a bargain for this stock, IMO.

I'm right with you on TGE....I got pissssssssed with it and never looked at it again....big mistake, but its human nature, plus there are just hundreds of worthwhile stocks so what the hey, eh? Its not like tge is the only energy stock worthy of consideration....but it would have been a good trade when it broke above $9.

[skiracer]

Hey, fair is fair. I love your dad and I also love Ski (forever). Whatever brings you the greatest award is what counts here. All I am saying is that you have an amazing talent to pick great stocks, and to be able to discount them as "one person's opinion." You know, you have the knack to be able to pick them. Good for you! And good for those of us who are listening! River

River,
Forever? What have I done to deserve such devotion?

[skiracer]

Ski...Guess you are too busy today to respond to my post last night...However, let me respond to part of your original post...I underlined the part I'm responding to above.

There is a HUGE difference between giving Recommendations and offering Data/Info...I don't give recommendations...All I'm trying to do on the CwH's is provide some info to save people some time if they like the chart pattern...I'm not telling anyone that they will all breakout...In fact, I know most won't.

The way I set up my own lists from my CwH's has been very profitable the last 7+ weeks...Those that subscribe to my FREE email will soon hear from me on what I'm doing... I'm not saying my way is the best for anyone else...But, I believe that most of my subscribers are intelligent enough to consider what I am saying and hopefully they can adapt it to their own personal preferences and make some $$$.

As for you...You can receive my email for $4,995 yr...For everyone else...It's FREE

My first post in quite awhile Doug. Only fitting that I should jump into your shit. After all you only hurt the ones you love.