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Monday, August 02, 2010 12:56:26 PM
I have and HISanswer is very simple. The market will take care of itself and the corrections will happen in the long term. He doesn't worry about the shorts.So the answer is yes at this time I don't think Les has set up a plan to crush anybody. Could that have changed? Maybe.
On the other hand have you ever spoken with Jim DeCosta? His answer is much lengthier (I think that's the word). Doc wants to attack the shorts and he has several very well planned out strategies do so. The question is will they, Medinah management, listen to themselves or Doc? I hope they plan on listening to Doc because I think his plan has a much better chance of producing big returns than just letting the market make it's own correction.
Again, don't get ahead of yourselves. Has Medinah done anything you think they should have done lately? Or for that matter in the last forever?
Take a deep breath....this is going to take a while.
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