Was it a bank short or did he come in with the 100k he lost? Was it a rental or his residence? If it was a rental and he had a 100k he could have covered a 1k loss per month for 8 years which would get him easily to the other side of the cycle. If he came in with a 100k to make it go away I wonder how many other speculators have that ability. When it falls another 100k we will declare him a genius and the queen will call him sir.