Jesse Livermore was called The Boy Plunger (Plunger = A Reckless Speculator). He was happy to play the market long or short but his biggest successes came when he sold short prior to big market falls.

I’m a regular visitor to the BBC News site and I couldn’t help noticing that the recent falls in the world’s stock markets had led the BBC to change their homepage.

Yesterday, for the first time I’ve seen it happen, the BBC added their stock-market price indicator to the front page of their website. (By the time took this snapshot, the U.S. markets were recovering and are showing green.)

Today, however, with the markets recovering, things are back to normal - the stock market indicator is no longer front page news.

It seems that only bad stock market news is good enough for the front page of the BBC web site.