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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Beachside Bill who wrote (258594)9/3/2003 11:18:58 AM
From: yard_man  Read Replies (1) of 436258
 
>>All the shorts have said they made a ton and are reshorting again while the sector makes new yearly high every year with bases not breaking the previous years low<<

That sounds a bit bombastic, Bill -- I know plenty that have shorted homies here (too soon -- yes, I do resemble that remark) -- I don't know anybody that has been crowing about making money offs shorting homies -- that would be rather stupid. But you're showing up here to gloat makes me wonder ...

If you have ridden these for 3 years, I can only say one thing: Congrats on a great trade!! Being on the right side of the trade is all that counts.

Now as to where things will go -- I think even you must recognize that exponential growth in anything has a limit --whether it be housing prices or levels of indebtedness.

I gather that what you posted was a little bit of a boast -- that's ok -- but don't fail to post again when you sell -- we want to see the whole trade. Will be interested in your timing there and what you see that says it is over.

Until then ... enjoy.
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