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Pastimes : Ask Mohan about the Market

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To: robnhood who wrote (7397)	11/8/1997 10:37:00 AM
From: Tommaso	Read Replies (2) of 18056

In the message to which you posted the link the writer speaks of an era of "extended posterity" I think it is. He probably also believes in unlimited futurity. Only a few years ago it occurred to me what the word "preposterous" really means. It means you put your posterior where your pre ought to be. I'd that fellow is decreeing prosperity (what he aimed at saying) a posteriori, after the fact. Bass-ackwards. It may take a while but when the water runs out of the reservoir there are going to be an awful lot of largemouth bass-ackwardses flopping around in the mud. Plainly put, well-financed and diversified short sellers who simply pick the highest P/E recent issues and hold their short positions are going to make the killing of a lifetime. For those of us with more limited resources there is BEARX.

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