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  1. rwk

    mlm guru doug Allen thread closed. Why?

    Will do. . . I didn't say things seem o.k. I have not seen any evidence of scam. My guess is that Doug intends to do just what he has been saying. But I have also not seen any evidence that Doug knows what he is doing (i.e. recruiting and funding traders). I suspect he is making the plan...
  2. rwk

    mlm guru doug Allen thread closed. Why?

    I haven't seen any change in data. So far, he has done pretty much everything he said he would, though most things have taken longer than he said. Doug has a conference call tentatively set for Wednesday, 12:15.
  3. rwk

    Here are two things that confuse my Sunday,

    I don't know much about Iceland, but I live in the U.S., so I have been following the bailouts here. As I recall, AIG was bailed out by the Fed, but Treasury under the previous and current administrations and the Fed are all in agreement on the need for direct assistance outside bankruptcy...
  4. rwk

    mlm guru doug Allen thread closed. Why?

    That's about my take on this. The little voice is part of each of us, part of who we are. Rather than kill it, maybe it would be better to try to understand it. What are its motivations? What is it trying to tell us? I'm not suggesting we let it run our lives, but trying to suppress it can...
  5. rwk

    mlm guru doug Allen thread closed. Why?

    I too signed up, but my curiosity is being swamped by a growing realization that Doug's Mastermind Team doesn't make much sense. Trading requires thinking independently, and I have no interest in helping people who may be my competitors. I also have no intention of posting my trading record on...
  6. rwk

    Could educating yourself be bad?

    I agree about the different learning styles for different people. I think the key thing is to think. You won't get it by sitting passively and being spoon-fed facts and figures. The big secret of trading is that there is no big secret, except maybe the simple fact that it can be done. If you...
  7. rwk

    Short sale rule

    The American Stock Exchange was bought by NYSE: http://www.nyse.com/attachment/amex_landing.htm The uptick rule for short sales has been eliminated, but some people want it reinstated.
  8. rwk

    How might Uptick reinstatement impact Short ETFs???

    If you are only buying the funds, even if they are bear funds, the uptick rule does not apply. If you are shorting an index fund, where the index is broadbased (i.e. 10 or more companies in the index), then the rule also does not apply.
  9. rwk

    mlm guru doug Allen thread closed. Why?

    Maybe all the jeers and catcalls finally got to him...
  10. rwk

    mlm guru doug Allen thread closed. Why?

    I just got a third email, the one CT posted about coaching...
  11. rwk

    mlm guru doug Allen thread closed. Why?

    I didn't see anything significant in either email. I squeezed out some white space... ***** Date: Fri, 06 Mar 2009 10:11:07 -0500 Subject: Trading offer Thanks for your interest in my offer to fund a trading account for you to manage. I apologize for not answering everybody individually...
  12. rwk

    mlm guru doug Allen thread closed. Why?

    I'v had 2 emails from Doug, and neither mentioned Patty or coaching. Strange...
  13. rwk

    mlm guru doug Allen thread closed. Why?

    Doug kind of 'stepped in something' when he wrote in the OP that everybody here seems genuinely interested in helping each other out and seeing each other do well and moreso the quality of the membership here is exceptional. ET is the biggest collection of clueless trader wannabes, slackers...
  14. rwk

    mlm guru doug Allen thread closed. Why?

    Thanks for the kind words. I am not sure the hook is firmly enough set, but I will report back if I learn anything. I initially responded via PM at about the 50-respondent point, though I wasn't completely sure why. I don't think I will ever get into money management, but I thought I wanted...
  15. rwk

    mlm guru doug Allen thread closed. Why?

    I think I see your point, though I seriously doubt that your aversion to MLM schemes is any greater than mine. I also don't have a lot of interest in coaching, though I did find the Robbins fire walk most entertaining. I still don't understand the level of hostility here, and perhaps more so...
  16. rwk

    mlm guru doug Allen thread closed. Why?

    This is an idea I am still trying to get my brain around. I'm not sure I understand the fun part, as it all sounds a bit mean-spirited to me. Doug has given us a lot to be skeptical about for sure, beginning with the OP. But I have yet to see any solid evidence of scam or bs. I think...
  17. rwk

    mlm guru doug Allen thread closed. Why?

    @atticus, Maybe if you post your neame, address, and phone number, you can shame Doug into doing the same.
  18. rwk

    mlm guru doug Allen thread closed. Why?

    If so, NT, then why do you and the other naysayers have to warn us?
  19. rwk

    I'm Looking for Traders to Invest With

    Good point -- The rules need to be enforced and the game kept fair. In a 'friendly' poker game with 10 participants, it's easy to see who needs to keep watch. Who is the enforcer in this thread? Is he more interested in my well-being or in his own ego? That's not so clear-cut, and I think...
  20. rwk

    I'm Looking for Traders to Invest With

    This is true and well-spoken. But most of us also [at least initially] turned to financial trading in search of a shortcut to a better life. Some of Doug's statements sound kind of sushi-like. But I am equally dubious about the claims of the naysayer here that they are only concerned about...
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