10 replies to this topic

[TradingUp]

Posts: 15
Incept: 2008-06-29

As someone who has read Atilla the whole time he has posted let me tell you about the last 2 months.

He covered in the 600's but started shorting again at 690... then he doubled at 710 and got "all in" at 720.

http://xtrends.blogs...2009/03/mark....

He then started levering into SRS at $70 and FAZ at $51.. He bought those over and over again and kept shorting at 720, 740, 760, 778.... Then the market opened above 800 one day and he said he covered it all at 780.

The next day he said he was "massively" short again at 820 and he has since shorted at 840 and said he was "All-in" short again at 840.

http://xtrends.blogs...2009/04/full....

Since then, even though he was "fully short" he has been somehow improving his "average price" on the S&P over and over again all the way till today at 880.

So bottom line is he started shorting at 700 and only was out for 20 points... those 20 points are suspect since he posted that trade well after the market had gapped up huge.

With the FAZ and SRS and the shorting for 200+ S&P points I am sure he has lost every penny and then some from his shorting on the way down.

He removed his "Market Guru" tracking page from his website when it hit -60% for 2009 even though he posted it to the front page of his blog when he was up over 300%.

The funny party about this all is eventually the market will go down again and maybe today was the top... but no matter what happens Atilla will have been proven "Right"...

[colours]

The links returned " Page not found " . Do you have other links that are valid ?

[TradingUp]

The links returned " Page not found " . Do you have other links that are valid ?

http://www.tickerfor...s...0118&page=4

[nimblebear]

Posts: 15
Incept: 2008-06-29

As someone who has read Atilla the whole time he has posted let me tell you about the last 2 months.

He covered in the 600's but started shorting again at 690... then he doubled at 710 and got "all in" at 720.

http://xtrends.blogs.../2009/03/mark....

He then started levering into SRS at $70 and FAZ at $51.. He bought those over and over again and kept shorting at 720, 740, 760, 778.... Then the market opened above 800 one day and he said he covered it all at 780.

The next day he said he was "massively" short again at 820 and he has since shorted at 840 and said he was "All-in" short again at 840.

http://xtrends.blogs.../2009/04/full....

Since then, even though he was "fully short" he has been somehow improving his "average price" on the S&P over and over again all the way till today at 880.

So bottom line is he started shorting at 700 and only was out for 20 points... those 20 points are suspect since he posted that trade well after the market had gapped up huge.

With the FAZ and SRS and the shorting for 200+ S&P points I am sure he has lost every penny and then some from his shorting on the way down.

He removed his "Market Guru" tracking page from his website when it hit -60% for 2009 even though he posted it to the front page of his blog when he was up over 300%.

The funny party about this all is eventually the market will go down again and maybe today was the top... but no matter what happens Atilla will have been proven "Right"...

OUCH !

You sure threw him under the bus, didn't you ?

[isaac613]

I was trying to warn people on xtrends that this would eventually happen but they just said that I wanted them to lose and that Atilla was never wrong. Then he banned me of course so I can't let people know that they would eventually go broke following him. Its not good to follow someone blindly but he does suck the people in to believe that he knows what he is doing.

Posts: 15
Incept: 2008-06-29

As someone who has read Atilla the whole time he has posted let me tell you about the last 2 months.

He covered in the 600's but started shorting again at 690... then he doubled at 710 and got "all in" at 720.

http://xtrends.blogs...m/2009/03/mark....

He then started levering into SRS at $70 and FAZ at $51.. He bought those over and over again and kept shorting at 720, 740, 760, 778.... Then the market opened above 800 one day and he said he covered it all at 780.

The next day he said he was "massively" short again at 820 and he has since shorted at 840 and said he was "All-in" short again at 840.

http://xtrends.blogs...m/2009/04/full....

Since then, even though he was "fully short" he has been somehow improving his "average price" on the S&P over and over again all the way till today at 880.

So bottom line is he started shorting at 700 and only was out for 20 points... those 20 points are suspect since he posted that trade well after the market had gapped up huge.

With the FAZ and SRS and the shorting for 200+ S&P points I am sure he has lost every penny and then some from his shorting on the way down.

He removed his "Market Guru" tracking page from his website when it hit -60% for 2009 even though he posted it to the front page of his blog when he was up over 300%.

The funny party about this all is eventually the market will go down again and maybe today was the top... but no matter what happens Atilla will have been proven "Right"...

OUCH !

You sure threw him under the bus, didn't you ?

[beta]

I was trying to warn people on xtrends that this would eventually happen but they just said that I wanted them to lose and that Atilla was never wrong. Then he banned me of course so I can't let people know that they would eventually go broke following him. Its not good to follow someone blindly but he does suck the people in to believe that he knows what he is doing.

This is how dictatorships get started. Mind control for the masses.

[laza]

I remember him saying his target for FAZ was 150. I wonder how many of his minions who bot FAZ are still alive.

[viccarter]

I read his views and have posted to his site a few times, and will verify that all of what you write is true, as I witnessed it in real time. Perhaps he micromanaged his trades a lot closer in real life, but did not post these trades. This would invalidate his claim as an intermediate term trader, and also not be very fair to those that follow him. However, he is a gifted trader, that must be said, and as such, I make a daily trek to his site to read his thoughts. He also is very strong leader, and has a general-like quality in his thoughts and the way that he writes. Leadership is a very fetching quality. Reading him, has helped me to have more confidence in my own work and trades.

[laza]

Leadership? Maybe cockiness...

Read this article...very enlightening.

http://www.newscient...-expertise.html

[viccarter]

Yes this was a very enlightening article. I suppose that I had not stopped to think of it that way, and the Cramer reference brought it to light as I think of his confidence in a negative context whereas I view Attilla's confidence in a positive light. In retrospect it seems as if big egos and big, outlandish talk are sine qua non to the stock picker/trader. I'm thinking the Soros public call on CRE several weeks ago just as IYR was going into the stratosphere. Jim Rogers is another example. Everyone is big talk. I for one certainly appreciate the quiet confidence and solid analysis posted by several members on this site, and give it consideration when formulating my own analysis.