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mr_cash4

04/16/05 12:14 AM

#10537 RE: david_3011 #10534

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).