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Alias Born 05/20/2006

Re: None

Monday, 05/24/2010 12:23:41 PM

Monday, May 24, 2010 12:23:41 PM

Post# of 155
Livermore set up his short position a full year before the crash of 1929,and had the patience to sit and wait.As he recounted on numerous occasions'"its the sitting and waiting that made me the big money"As fate would have it,he walked away with 100 million 1929 dollars.When he arrived at his home that night,his wife had packed all of their belongings certain that he had been wiped out.At this he laughed,and told his family that he had a great day and was sitting in cash lol....

We only pass through these earthly portals once,and we are not here for a long time.Therefore,it should be a good time :)

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