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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Monty Lenard who wrote (86492)3/27/2001 6:04:12 PM
From: patron_anejo_por_favor  Read Replies (3) of 436258
 
<<Jessie Livermore was the one that said the first and last 1/8 point was the most expensive you will ever own.>>

I guess he went bust trying to chase that elusive first 1/8....just like many are doing today, in "calling bottoms"...<G>

Still, a sad end for the guy (he committed suicide after going bust in the depression). Ironically, he did extremely well in the Crash of '29 itself (he was nuclear short). He was a rogue, but his book may be the single best ever written on market speculation.

amazon.com
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