mlm guru doug Allen thread closed. Why?

Quote from rwk:

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.

snip
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I got the same 2 mails, one on the 5th - 'Trading Offer', and another on the 7th - 'Quick Note...', both were the same no-substance rambling!
 
Quote from davidmaria1:

I thought about starting a fund of funds, basing it near the Bay of Fundy, only work on Monday, call me Al Bundy.
This is just how seriously I take Douggay!!
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You won't be laughing when I crash and burn a million dollar Huggy Duggy fund!

:D
 
How can a selected trader who trade Doug account take advantage of this situation to enrich the trader own account?

1.) take the opposite of Doug account trades (especially use Doug account trades to push price in one direction, when price comes to the extreme, the trader take his own account trades to bring the price back)

2.)

Any more guess?
 
I dunno. I'm a member of the ACFE and might just feel compelled to file a complaint against Doug with the OIG,
False Claims Act violation, of course.
Unless, in the next 10 days, he comes-up with a offer that relates to his original offer of capitalizing traders, I think I'll do just that.
 
Quote from EPrado:

I couldn't agree more with you on the population of this place. Is populated with a lot of 100 share/1 lot loudmouths who think they are the next Stevie Cohen. I rarely post anymore and usually come on here for entertainment purposes only. I have had a few people pm with with questions/ideas, and those people were good people. But a lot of this place is filled with failed traders or idiots posting that they have bought the bottom in the Dow for the 18th straight time.

To have a sucessful forum/website you have to have it private to members only and have a moderator who throws out people who bring nothing to the table/or cause havoc all the time.

All this being said, if Doug finds even one trader who he backs and does well for him, then his time on here was a sucess.

I had one guy in Chicago pm me a few yrs ago on here and ask for some help landing a trading gig. After doing due dilligence/a little research on the guy, I got him in touch with a trading desk up there. He went to go work there and everything worked out great for him. So you can find some good people on here. You just have to do your homework.
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This is a good point. To add a little substance this got me thinking about who I would let manage my money on et. Since I have been here, I can think of about 5 or 6 guys that from the way they posted that if properly vetted, I would personally invest with. There are probably more than that. Two of them still post here, whether or not they would trade public funds I haven't a clue. That said, obviously you have to know a lot about someone to trust them financially at all, even if they are great traders. Keep us posted, I want to see who gets the first million to trade.
 
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