Wednesday, February 11, 2009

Shorting this sucker

The market is fading quickly, it seems it does not want to go up. I am reloading some shorts.

BTW, a reader thinks I sound more lucky than anything else. If I can make a living by the luck that is what he called it, then I am a hell of lucky guy. Sometimes luck IS more important than anything else.

1 comment:

Adrian said...

I've been following you for a year and my take is that yes, we stock traders do rely on luck. We also rely on the skill to place ourselves in positions where good luck favours bad (more frequent or of greater magnitude). We can't make luck find us but we can take advantage when it strikes and we can be selective so the die gets weighted in our favour.

Dismiss it as "you got lucky" if you wish but you're missing out.