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Gold/Mining/Energy : Oil Sands and Related Stocks -- Ignore unavailable to you. Want to Upgrade?

To: rolatzi who wrote (10421)	6/2/2006 6:41:52 PM
From: insitusands	Respond to of 25575

<Do you mean 90% margin...?> Yes, he would often use full margin at that rate but in the case of the 1929 crash he was short so therefore not a cause of "Black Monday". For those who are interested in Jesse's timeless advice I strongly recommend "REMINISCES OF A STOCK OPERATOR" by Edwin LeFevre. Avoid Richard Smitten's books. You will notice that interviewees in all three "Market Wizard" books (by Jack Schwager, also highly recommended) refer to Livermore as the greatest trader ever and an inspiration to their own phenomenally successful careers. As Mac will attest, "Study the best 3 people in the world at what you want to be good at, and if they do 6 things the same, you had better be doing those 6 things." Tony Robbins