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Strategies & Market Trends : Classic TA Workplace

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To: patron_anejo_por_favor who wrote (46502)7/19/2002 8:42:05 PM
From: skinowski  Read Replies (1) of 209892
 
1987… I was naïve about the markets, but knew that something serious was brewing up. A few days before the crash I had a memorable long discussion with a good friend, a Prof. of Math. Our analysis turned out amazingly correct, but neither one of us bought those puts in the end.

Consequently, this friend of mine wrote some successful books – but most of the money he made went to feed the current bear. I have several friends who are seriously hurt. I wasn’t as successful (or persuasive) as AJ was in convincing them to sell.
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