The "problem" with most of these top (or bottom) calls is that very few ever admit
the move is over. Vole, S2, even B1(who views fresh all time highs as a bear, LOL) have had some good and timely "calls". Im (almost)sure everyone that actually does trade can say the same thing. I know I have, as recent as last friday, but I don't publicize. These "callers" on the other hand don't admit when a trade is over. The operative words are "a trade". It's one trade people!!
These "callers" are more interested in being able to say they nailed THE top or THE bottom. In real life all they have done is nail "a" top or "a" bottom. But they don't see the difference. It's one trade people!! In fact, if one actually trades, depending on trade style, methods, and tools, one can recognize trade-able tops and bottoms all the time! And what is wrong with reversing if deemed appropriate? Or taking profits and reentering? Afraid of a few additional bux commission for the trade of a lifetime would be beyond stupid. Or missing the precise high or low only capturing say 70%, or even 40% of a move? Do these scenarios mean you suck?
Since the markets are operating at all time historic highs or very close to it, EVERY price peak is viewed as THE high. This strategy has failed miserably for over a decade... But it has created A FEW well-timed out-sized trades. That's it. These callers are rock stars in their own mind. It's one trade win, lose, or draw. Congratulations.
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