I think it's great that he's short. He gets everything else wrong, why not this? In my view, there are a few different kinds of people in the market. There's the buy and never look at it again folks; there is the buy high, sell low crowd; the buy low sell high crowd; and then theres the buy high sell low and short low (trying to make your money back) and buy high crowd. The last one is by far the worst, because they get fucked from both ends.
The bold represents the group that Pearson belongs to, which is comical because he writes advising people what to do. He's a way better writer than he is a trader/investor, and he's not that good of a writer..
If it don't make dollaz, it don't make sense. -DJ Quik