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5 Steps To Becoming A Stock Market Guru By Larry Holmes

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  #1  
Old 29th May 2009, 08:53 AM
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Talking 5 Steps To Becoming A Stock Market Guru By Larry Holmes


It has occurred to me that many of the readers of this article may be interested in a career change. If so, I suggest that
becoming a stock market guru may be worthy of your consideration. It's a job that -- if you follow my advice -- pays extremely
well, doesn't take much your time, requires almost no experience, and can potentially bring you fame and fortune.
I have been observing market gurus for many years and have noticed that there are certain traits that the successful ones have
in common. So to get your new venture off to a roaring start, I'm going to tell you exactly how to be successful as a stock
market guru.
1. First of all, you must do something to get the attention of the financial media. The way to do that is to make extreme
predictions. No "the market is going up 10%" or "down 5%" kind of forecasts. You have to say things like "the Dow is
going to 36,000" or "button down the hatches, the market is going to crash any day now." The best way to decide
whether to be bullish or bearish is to measure the mood of the public. You will be much more popular if you're wildly
bullish at market tops or wildly bearish at market bottoms. You want to tell people what they're already predisposed to
believe. Also, you can never change your mind. The media doesn't like that. So be a perma-bull or a perma-bear. But
whatever you do, never, ever waver from your original stance.
2. After you have decided whether you want to make a living being extremely bullish or extremely bearish it is very
important that no one remembers when you first made your original prediction. This one is going to be tricky and requires
some skill. Don't ever let anyone pin you down on timing issues. The way to do that is to just keep repeating your
prediction over and over again until everyone forgets how long you've been making the forecast. For role models, watch
the politicians. They are experts at not allowing anyone to pin them down on anything that they prefer you not to
remember.
3. You must repeat your market prediction loudly, often, and with extreme confidence. When the market goes against you,
simply keep repeating that you're very confident of your stance and you have no doubt that the market will go your way
very soon. Again, you must make people forget about timing issues and the best way to do that is through repetition.
4. The market will eventually go your way. It may take years, but it will happen. Now listen closely -- whenever the market
finally goes your direction, no matter how small a move it is, proudly declare victory. I mean shout it from the roof tops.
You were right all along and it's all because of your astute analysis. Do not make any mention of when you first made your
original market call. If you are cornered and you must make a comment about your entry point, just say that you have
been averaging into your position for quite some time. That way no one will know that you actually lost a lot of money.
5. Speaking of losing money, never follow your own predictions by investing your own funds. Otherwise, the income that you
make as a famous guru will be taken away from you by the market
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Old 3rd June 2009, 10:08 PM
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Default Re: 5 Steps To Becoming A Stock Market Guru By Larry Holmes

LOL!!
This is one of the best write-ups I have seen!!!
-----TIZ------
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Old 13th June 2009, 11:52 AM
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Default Re: 5 Steps To Becoming A Stock Market Guru By Larry Holmes

great rinku u told it just like it is!! keep it up!
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Old 13th June 2009, 01:12 PM
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Default Re: 5 Steps To Becoming A Stock Market Guru By Larry Holmes

Quote:
Originally Posted by prestonmyers2 View Post
great rinku u told it just like it is!! keep it up!
very true all the guru's (so called) just do the same as stated above....
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Old 17th August 2009, 12:01 AM
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Default Re: 5 Steps To Becoming A Stock Market Guru By Larry Holmes

Its the fact you have told rinku.... keep it up ...


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