Is eventually they may be right as markets always pull back but they miss the $$$ on the long side while they wait for their doom to come to fruitionjust the way it is
Nope-GMCR-From over $100 to now $18. How many profited?Very-Very few.
Really. Since June 1999 who won, longs or shorts? Answer: neither. SP 500 June 1999 = 1375.
Can't argue that point, I've missed this last rally since June 4. Thats O.K. I didn't lose either. I'm just waiting for a sell off to get back in.
The easiest play in hindsight this year has been to buy and hold boring blue chip companies. You would be up 20% and collecting a dividend. Doh.
ain't hindsight wonderful?