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Re: david_3011 post# 10534

Saturday, 04/16/2005 12:14:43 AM

Saturday, April 16, 2005 12:14:43 AM

Post# of 52118
david_3011, Russell is wrong, NOT everyone loses in the bear market, i.e. great traders (granted maybe only 10%) will be (heavily) short during the bear market - and make out like bandits.

for every seller there has to be a buyer, and for every buyer there has to be a seller, so someone is ALWAYS taking the opposite side of the transaction (i.e. taking the opposite bet).

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