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In a message dated 6/12/00 1:27:55 PM Pacific Daylight Time,
ronin@xxxxxxxxxxx writes:
<< .the presumption is that the only way to make money is to be long
and that market meltdown is a bad thing. >>
You are correct. A "meltdown" could be a big rally if you happen to be short.
(It is customary to use examples only from the long side so we don't have to
say everything twice.)
Chuck LeBeau
traderclub.com
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