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Strategies & Market Trends : Waiting for the big Kahuna

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To: Skipperr who wrote (25560)8/29/1998 12:26:00 AM
From: Joseph G.  Read Replies (1) of 94695
 
Skipperr - I had a -g- at the end, but ...

It seems that trading is much easier in the conditions of a bull market, when public is out there giving their money away for the hope to make more. I recall J. Livermore wrote about the 1911-14 bear market "even a skunk could not make a cent", he himself traded profitably after the Crash till 1931, but got wipsawed a lot and went broke subsequently. He was one of the best traders there were - ever.
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