Cara Trading Advisors : About Bill Cara


	Bill is the author of the book, Lessons from the Trader Wizard. More than 100,000 readers in 140 countries routinely visit his Cara Community blog for daily reports, market commentary and discussion. Named the Forbes magazine “Favorite Trading Blog”, his blog has received accolades from Barron’s and The Wall Street Journal. He states, “The blog’s purpose is to demystify the capital markets and help return control of those financial assets to the people who own them. People need accurate information, and appropriate tools and techniques.”


	We asked participants in the Cara Community blog discourse whether they had benefited from Bill’s commentary. With permission of the contributors, here is a sampling of their responses: “I have been reading the blog from the get go and you never cease to amaze me with how much knowledge you are able to convey. You have tremendous style, Bill. All your work and effort is truly appreciated. A voice of reason in a sea of confusion. Through your honesty I feel I know you better then I know the majority of my friends and associates. Thank you.” Blog discourse name: Franvan “When I needed it most – nearing retirement – Cara's fascinating free blog proved a godsend to me. Finally I found someone who knows from long study and wide experience precisely what he is talking about, and one who relishes sharing his knowledge for the common good. For a small, naive investor like me, discovering Bill Cara has improved my life. I am most sincerely grateful.” John Stein, Cape Cod, Massachusetts “… I have saved my family thousands of $$$ by making informed choices based on (Bill Cara’s) greater world market views… Never in my wildest dreams would I have expected someone to share their life long expertise of the markets and trading wisdom openly and free to boot! … His discourse has added clarity to the markets where there was once only dizzying confusion and haphazard gains…” Steve Baert, Thorndale Ontario “… It was apparent to me that after reading his analysis and comments on world capital markets for a few weeks that Bill was genuine in his desire to educate and assist the individual trader, and to be a voice of social responsibility where ever he might be heard… His choice of financially sound company's in his Cara 100 has brought my portfolio nice gains…” David Berry, Via Internet


	Because of the need to maintain confidentiality, we can't identify the clients who supplied these kind comments, but we can and do thank them. "We are very pleased with the results ... Bill really understands precious metals and trading. When (Cara Select Gold Portfolio) was announced we knew we wanted to be in ... at the beginning. After watching Bill trade for a month, we added 30% ... and we will be adding more. Thanks to everyone for the results. I know it is a team effort, and not easy."


	"As a gold industry professional with 20 years operational experience, and over a decade of investing experience in the metal markets, I spent several months following Bill’s blog before taking the leap of faith and entrusting his team with my money. There is regular commentary in Bill’s daily blog highlighting the strategies being ... used. Bill is also candid and open about when he misreads things. The real proof is in the daily result and my portfolio has matched the performance of the Cara Select Gold portfolio. I am very happy to endorse (Select Gold) for others to consider." "You can't beat two grand a month on $50,000!"


	Bill’s accurate ”calls” result from close attention to fact over hype, the development of effective tools, and the acute perceptions honed by more than three decades' experience. When Bill makes a verifiably accurate forecast, he calls it “proof of concept”. For example, here is a version of his Daily Report for Wed, January 2, 2008 – edited for length. Click here for the complete text. “There are a lot of unknowns and negatives. Analysts will be looking at the mega-billion dollar write-downs of firms like Citi and Bank of America. Pension, hedge and mutual funds, and corporations have also purchased this bad paper. Globally, I expect the aggregate damage will be between $250 billion and $1 trillion, something the world has never seen. The issue is that some financial institutions will fail and when they do, others will not get paid and will run into financial difficulties. Fiat money of most of the economic powers will be poured into the financial system to keep it afloat. Normally, the $USD would plummet, but this time the $USD will remain in the 75-83 range. While other nations may walk away from creditors, the possibility of the US doing that is slim to none, and that will keep the $USD and Treasury prices strong. Crude Oil prices will fall unless the producers wish to have a world depression. Already the economies of North America, Europe and some of Asia are slowing, which will pull down the oil price from almost $100/bbl. By year-end, prices will be much closer to 75 than 125/bbl. I have no idea where equity prices will close the year, but I suspect that as corporate earnings fall due to write-downs, business failure affect, slowing economies, etc, prices will be significantly lower. At the cycle lows of 2008 for the DJIA and Nasdaq Composite, I believe the levels will fall from 13264 to about 10000 and from 2652 to about 2000, respectively. But, frankly, forecasting major market index levels at times like this is a mug’s game since none of us knows how much money printing will happen among the major powers. I used to live in a modern $15,000 house and drink a six-cent Coke. Money printing, taxation and wealth destruction via military conflict are the reasons that prices, apples to apples, are twenty times higher today. Share prices, too, are affected by money printing and inflation."