RE:RE:Longs vs momentum playersthat's true. I remember selling a couple of stocks, and within a couple of weeks, one of them jumped 10x from the price I sold, and the other one jumped 5x.
Even in the example he quoted for himself, "if" he actually pulled of those trades exactly as quoted, he'd still be behind (using an example of 50k share flips) by $38k plus 3 brokerage transactions (his initial sale, the buyback, and his most recent sale).
(That $38k is the difference in current valuation since that final sale of his position, which had to be relatively recent).