Jim Cramer: Lenny Dykstra is âone of the great onesâ http://www.youtube.com/watch?v=Lo77x4VeoQE&videos=QhKT_vQ7zWk
I remember reading about his trategy over the years. Always thought it was flawed. Guess I was right. Take a look at all his trades. The loser kind of stands out huh ? http://deadspin.com/5224796/the-myth-of-lenny-dykstra-completely-unravels?skyline=true&s=x
This "strategy" could be right out of Victor Niederhoffer's playbook. Picking up nickles in front of a steamroller. Going for 99 wins and getting wiped out on the 100th.
Sure looks like it! Before Alert Dialing Up a Play in a Defense Name (Deep in the Money Calls $)By Lenny Dykstra Shares of this high-tech defense contractor are trading at bargain basement prices. 08:27AM 04/22/09 After Now, I have more than 20 years of experience, and I want to invite you to join me in my newest venture, TheStreet.com Deep in the Money Calls. For as long as you continue with your access to my premium service, I will teach you how and when to take your profits and the best approach to cutting your losses. Take a Free Trial now to TheStreet.com Deep in the Money Calls by Jon Najarian I'm not so sure that "Dr J" is very much of an upgrade over Lenny, though!