Seems like pages are different, but I meant chapter XIV of Reminiscences, could also be page ~144-149. When he talks about the leaders, and when some of the leaders start to show weakness and stops doing new highs.
When he still working the ”new” leaders on the long side, but also starts to test the market with smaller short bets in 12 of the former leaders.
Was just thinking of that when I saw the decline in SMCI.
(Made a smaller profit in SMCI, most of money was and still is in two other stocks)
Great insights as always, thank you!
Great read Richard!
Now read page 154 & 155 in Reminscences of a Stock Operator :)
Seems like pages are different, but I meant chapter XIV of Reminiscences, could also be page ~144-149. When he talks about the leaders, and when some of the leaders start to show weakness and stops doing new highs.
When he still working the ”new” leaders on the long side, but also starts to test the market with smaller short bets in 12 of the former leaders.
Was just thinking of that when I saw the decline in SMCI.
(Made a smaller profit in SMCI, most of money was and still is in two other stocks)