Nova Law

Constellation Brands Vs. Diageo: A Good Stock Picking Study

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.

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.

Constellation Brands Vs. Diageo: A Good Stock Picking Study

Cara claims: "[On April 8, 2005] I recommended a purchase of DEO and sale of STZ; I didn’t want to pick on Cramer, I simply wanted to explain to readers how I pick companies."

A bald faced lie. Yet again, Cara dishonestly takes credit for a call which he did not make. If you go back and read his April 8, 2005 post, he had this to say about DEO:

"Diageo, in fact, makes the Cara Global Best 100. You'd have read that before except the price of the stock at $59.59, is too high."

www.billcara.com/archi...

He was correct in his assessment of STZ, recommending a sell, but if you review his own words, he did not advise buying DEO, as the price was "too high."

I am fully prepared to give Cara credit where credit is due. But in today's case, his current post consists of one part truth with one part lie.