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Strategies & Market Trends : P&S and STO Death Blow's

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To: jjstingray who wrote (4793)8/7/2002 7:34:15 PM
From: augieboo  Read Replies (1) of 30712
 
jj, I think it's partly that even more people follow Zeev, but partly that a lot of folks who were his lurkers at SI are now able to post (for free) at IHUB, so they are just more visible.

In any event, there are a ton of people who try to follow him by doing what he does rather than trying to learn from him how to do it for themselves. Not surprisingly, a lot of those people are getting slaughtered waiting for this big rally to appear. They started buying when he did, but instead of trading in and out all the way down as he does, (because they haven't the foggiest idea how to do it), they have been either holding or "averaging down" all the way.

It's an ugly situation, IMHO, and I think Zeev is setting himself up for some nasty backlash. ):
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