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And I should hasten to add that when Cara claims to have recommended a purchase of DEO "when I see an RSI-7 down below 30, I look for the next point of reversal, i.e., a rising RSI-7, before I’d buy," this is yet another lie. His April 8, 2005 post about DEO and STZ said absolutely nothing about purchasing DEO when the RSI-7 was "down below 30." He simply didn't say anything of the sort.
Mar 27 08:06 am
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All Comments by Nova Law »Constellation Brands Vs. Diageo: A Good Stock Picking Study [View article]
His current suggestion that he called for the purchase of DEO when it had such criteria is another lie - a fabulous construct which shows that Cara's intention is to deceive about his track record, not to give us an honest assessment of how his call turned out. If you doubt this, go back and read the initial post, and see if you can find anything even resembling today's RSI analysis:
www.billcara.com/archi...
Rather than honestly taking credit for calling for a sale of STZ, he insists on adding on an entire fabrication about how he called a bottom in DEO. This is a typical Cara tactic which we have seen before and will doubtless see again.