He was sentenced to six years in prison, but received a suspended sentence and was placed on supervised probation and fined $1,000, plus court costs. fined 1K?
So he cut a deal to avoid 6 years in prison and got probation. What kind of probation would have overlooked his spending and business activities??? How many people got hurt because of a judge that said, 'this is a non-violent crime so you get off with probation'? Amazing...
I'd argue that he's not Southern since he's from Pennsylvania except he's from that large area between Philly and Pittsburg called "Pennsyltucky". Dennis had some simple, straightforward ideas for trading that really cleared things up for me. The one really big put-off was his extreme political views. I'm as conservative as the next guy, but Dennis was like a Rush Limbaugh clone.
what a insult to rush.........the comparison.....at least rush hasnt stolen peoples money........that we know of
Explain to me how someone who rarely had a profitable month could have anything of value to say about trading?
Whoa. I'm on record for saying that I didn't think he really traded for a living given his aggressive and derisive posture amongst other traders. But, jeez! at least they could have allowed him to wear his dentures for the mug shot. Even I am feeling a twinge of compassion for him, albeit short-lived.
That kind of logic pretty much sums up the entire industry from the floor, brokerages, newsletters, vendors, websites, forums and posters doesn't it? Much as he claimed to dislike being an analyst he was actually a pretty good one, he could call and execute trades in real time based on his methodology while in his trading room and live seminars (all in simulation mode as it turns out). Apparently when there was real $ on the line he quickly turned to jello and his approach fell apart. There's <u>some</u> value to be found in a lot of strange places, even ET.