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Strategies & Market Trends : Waiting for the big Kahuna

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To: Richard J. Byrd who wrote (2185)7/8/1997 10:54:00 PM
From: P.Prazeres   of 94695
 
Richard,

The problem with the idea of going short on the way down is that it is nearly impossible to get a good short position in a major market selloff...so you have to really do it on the way up and BE LUCKY enough to have done near the very top....

The reality of hitting the top is a very difficult , if not impossible task....

Paulo
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