<I know Gary and... he's about as humble as they get>
That may be true, but if you read the guy carefully... there's a
LOT of Ego in there! :)
A few weeks ago, when he was calling for the bottom to fall out in the nets, all I could see was a climax bottom... I don't know where in the world he got the crazy idea to short AOL at $100, YHOO at $120, etc... for someone that teaches trading, it must be real embarrasing for him to have to eat Crow now, for being SO wrong.
He was really being a big shot about all the shorts he was calling, go take a look in the archives.
It wouldn't be so bad, but he was up *30 points* on some of the shorts, and he failed so much to set a break-even stop... he gave it all back when the stocks rallied. I don't think this guy is really a trader!!
I just had to stop reading his column at that point, after a year of following him... I'm sure he's a nice, humble guy and all that... humbler now! ;) Which every trader gets, from time to time...
-Steve |
