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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (1926)7/4/1997 1:10:00 AM
From: kahunabear   of 94695
 
It is tough to fight the tape, but sometimes it is worth it.

I watched a guy named "Mondoman" over on the ZITL thread a few months ago continue to short massive amounts of stock in face of huge run ups. It took a lot of guts. He had huge paper losses, but in the long run he cleaned up. He was just very confident that he was right and stuck with it. It was a no-brainer. Even the longs knew it was a greater fool, tulip bulb, pyramid scam. There is no way I could have withstood the losses this guy had, but in the end, I guess that's what it takes.

Britt
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