Thus began an email written to my by none other than Dan Frishberg. Yes, Dan Frishberg of disgraced BizRadio fame, the same Dan Frishberg that is banned from the SEC in offering investment advice…not that it seems the SEC has any teeth when it comes to Dan and his continued radio commentary.
I just read yet another email from a frustrated trader telling me that the trading techniques, the pattern recognition software, or the black box strategies that he believed in are simply not working.
Wow…again I’m confused. You received “yet another email from a frustrated trader” – but Dan you’re not supposed to be offering investment advice so why would you be receiving any emails from traders? What am I missing here?
Brokers are telling their customers to ignore their losses and hang on, but that’s what they always say. Sometimes that advice works, but it has also resulted in some of the biggest losses in the past twenty years.
Oh my…”some of the biggest losses in the past twenty years” – wonder if that isn’t exactly what happened to people – good folks who couldn’t afford to lose – when they listened to your line about BizRadio and why they should invest in you. Dan tell me – if they lost in you, why should they now listen to you – especially when you’re not supposed to be offering investment advice? Damn this perplexes me!
One listener said he has finally realized technical analysis doesn’t work. This isn’t true, the current price is unquestionably a key part of the story but this is only part of it.
Only part of the story…seems that’s a mantra for you. Has anyone who invested with you in BizRadio ever gotten the truth – the full story or even as much as an apology?
The paradox of investing is – it’s easy to make money when you stop searching for the easy answer.
Yet you and Al Kaleta offered “easy answers” to investors who by all accounts were defrauded. Have you made restitution? Have you made it easy for them to recover their monies?
Instead, get an update on what’s working now — the most up to the minute insight into the trends, turning points, and my best stock and option trade ideas in my all new newsletter, Whats Working Now.
You do have a big set of (whatever)…get “my best stock and option trade ideas” – good lord is that not in direct violation of the SEC requirement that you not offer investment advice? Justice? Doesn’t seem to be any here!
CLICK HERE – (I disabled this link as I’m not giving Dan Frishberg a link from my blog)
THE MONEYMAN REPORT