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Forward Industries Inc. Message Board

  • destroytheshortsnow76 destroytheshortsnow76 Nov 19, 2005 9:53 AM Flag

    SHORTING IS POISON PART 3

    That's how I knew.

    I'd cover before it's too late. People are caring again. They just started caring, for the first time in six years. They won't stop caring in a day or two. It's not their nature.

    You may not like the market, but I have to tell you, I believe the short side could be poison here for a time.

    Back at my hedge fund, I used to say to my team, "OK, listen up: We've made too much money on the short side this year. We are done." People would greet that pronouncement with looks that asked, "How could that be possible?" And I would say, because it is.

    That's where we are right now. Take heed.

    Random musings: Speaking of "Mad Money," check out the scoreboard. Tell me you don't wish that every brokerage house did the same for its people. In an era where everybody loves to dodge accountability because nobody likes to see the warts and the sweat, we are going the other way.

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