I would like to welcome the bear from his hibernation! Those who still doubt, time will tell.
Anticipating market extremes is a hallmark of great market operators. Those who foresee multiple extremes have greater minds that those who can see extremes as soon as they happen, who in their turn have greater minds than those who see things only in hindsight.
Any answers to these two questions (Provide evidence in your answer):
1. List those who foresaw the end of this bull leg before it happened today? Limit yourself to those who also foresaw the bottom of last spring.
2. List those who saw the top when it happened today---Limit yourself to those who were successful at the other extreme to reduce the effect of luck.
As for those who get things in hindsight, no need to search for them because they are the vast majority: Anyone picked in random has a 90% chance to be one of them.
Anticipating market extremes is a hallmark of great market operators. Those who foresee multiple extremes have greater minds that those who can see extremes as soon as they happen, who in their turn have greater minds than those who see things only in hindsight.
Any answers to these two questions (Provide evidence in your answer):
1. List those who foresaw the end of this bull leg before it happened today? Limit yourself to those who also foresaw the bottom of last spring.
2. List those who saw the top when it happened today---Limit yourself to those who were successful at the other extreme to reduce the effect of luck.
As for those who get things in hindsight, no need to search for them because they are the vast majority: Anyone picked in random has a 90% chance to be one of them.