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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (5589)3/26/1998 7:44:00 PM
From: Ploni  Read Replies (2) of 18691
 
Roger, that accounting game infuriates me, as well. It's no secret: it's been reported recently, but the investing public is probably still ignorant. However, the analysts must be aware of it, and are ignoring it. I guess they are simply afraid to move their clients' money into cash, and miss additional run-ups. I wouldn't be surprised that the analysts' personal accounts are all cash.

Regarding those who say, "The bull market won't end until all the bears convert," have any shorts actually survived such amazing bull runs in the past, or did all cover due to mental or financial duress? I.e., did anyone actually make money in the Crash of '29?
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