[regarding the year 2008]…And also agree about this being a particularly good year for the bears.
After four years of being a short-seller, I closed all my positions (long and short) in mid-October. The easy stuff is over, IMHO. From here on out, I think a lot of traders (long and short) will get their legs ripped off.
When Bill Fleckenstein closed up shop, I knew I was in good company.
