Survival of the fittest by Philip Gotthelf
ARTICLE SYNOPSIS ...Survival of the fittest
by Philip Gotthelf
With the proper tools and right attitude, the ""Crash of '87"" represented one of the greatest profit
opportunities in history. A single short S&P 500 futures position could have delivered an amazing
$60,000-- without even picking a top or bottom. However, we have the benefit of 20/20 hindsight.
Could we have spotted the Crash in time to profit? If so, could we have maintained the cool discipline
required to stay with short positions long enough to take advantage of ""Black Monday"" and moves that
The answer to the first question is obvious...