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I think some of you may have misinterpreted Eddie's concept............
As I understand it..........
If you go long a market and it goes down....you were wrong.......you lost
money
If you short a market and it goes up...you were wrong.......you lost money
It is that simple.....you were wrong....getting right the market....means
your trade is positioned in the same direction of the market............that
simple yet difficult task is the
only way to make money............
This is trading terminology....that is all it is.....I do not think Eddie is
saying anything more.......to be able to extract money from the markets
requires you to get.... right the market....
Hope this helps.......
Tom Stein
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