I have had the privilege of checking out some of the e-mails that you all love to send in to FAS. I would like to thank some of you, because I can't tell you how much I appreciate all of the lovely HATE MAIL that we get.
Check This Out: There are generally two groups of people who write to us:
1) Wall Street Professionals (the guys who send the Hate Mail)
2) Our other readers (mainly appreciative individual investors).
This week I will be the antagonist, because this is getting interesting.
A Note to All Readers:
We hope that all of you interested readers out there appreciate that what we send you is not some sneaky sales pitch or something that every business channel and newspaper has already reported, like what most of our competition sends you.
We encourage you to read, because we hope to level the playing field between institutions and individual investors by helping you become a better trader or investor. All F.A.S. writers have Wall Street backgrounds and have witnessed what has been going on behind closed doors on Wall Street for years, most of which is still happening today. I guess that you can say that we share a personal vendetta.
Here is why we are so motivated to help you make money:
We are nauseated by the idea of an analyst being paid $12 million in one year's salary and bonuses telling all of his individual clients (who don't pay the analyst a commission) to buy a stock while he tells his institutional clients (who essentially pay his bonus) to sell the same stock, also sending them e-mails saying that the stock is a "Piece of Crap" on the same day that he sent out the "Buy" report to individual investors (true story).
Would you believe that when he was fired from Merrill Lynch he got a $2 million severance check?
We cringe at the thought of a 59- year-old, hard working proud, honest person's seven figure 401K that took decades to build, trading down to $50,000, sending him/her back to work at Wal-Mart, answering to Skippy, the 20-year-old manager, because some CEO was a greedy thief.
And last but not least, I've managed money in many aspects for 10 years. I've come across some sleazy "professionals" in that time. Okay, lot's of them. But make no mistake; there are definitely some honest hard working, smart stockbrokers out there. That said, it doesn't sit well with us that MANY of you pay your broker commissions (whether you know about them or not) to do things that you could easily do for yourself if you were confident enough.
The "game" is to keep you unconfident. Otherwise they go out of business.
Here's how YOU can make money yourself. We act as your own personal research team. We can also be your virtual "coach" by showing you some very simple strategies which can make you explosive profits with very little risk. I always say that if you take time to learn about these strategies, you can double your profits and minimize your losses without taking on much risk.
If you don't want to go to options seminars,or read books on options, or surf the web researching options, or learn from your busy broker who only has time to talk to you when its profitable for him, don't worry. You can just tune in to your favorite editors at F.A.S. each week, and you can learn a little each time in small bites.
So I would like to ask all of the "professionals" who send in the hate mail because we are leveling the playing field for individual investors to please send more. We love it. It makes us feel all warm and fuzzy inside. It means that we are doing the right thing for all of our other readers who pay commissions and don't get a fair shake.
As for the rest of you, keep reading. I'll expose some of the dirtiest secrets that you never dreamed existed. Why? I love the hate mail, and I love helping you make larger returns with less risk (and less commission).
Your Whistle-Blowing Inside Connection,
Chief Investment Officer
Technical Analysis Millionaire