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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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ajtj99
To: Sun Tzu who wrote (42990)11/12/2021 11:32:33 AM
From: Real Man1 Recommendation  Read Replies (2) of 97281
 
”In early 1929, he amassed huge short positions, using more than 100 stockbrokers to hide what he was doing. By the spring, he was down over $6 million on paper. However, upon the Wall Street Crash of 1929, he netted approximately $100 million. [6]Following a series of newspaper articles declaring him the "Great Bear of Wall Street", he was blamed for the crash by the public and received death threats, leading him to hire an armed bodyguard.”

Wikipedia on Jesse Livermore

Note the timing. He was very early. You do know nearly all Great traders died broke and were making a living selling their system rather than trading. Includes W Gann and Jesse Livermore.
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