Quote from riskarb:
Sorry, but I don't see how you're jacking with the 'bird when he's up 25 handles on spoos. Gloating as you come in last place? I don't care if it's paper or actual gains, the call was solid.
I waited to take a short on spoos after the Singapore Nikkei futs broke 16,000. Worked out well, but would've preferred being short in the 90's.
Would you really take a trade off of his call after his last call to short at 1200 and the 90 point rally that followed ? He also said to short at 1225 and it ran to 1250 before going to 1180. Was that still a good call ? Only if you had a 26 point stop loss on your position.
The bird may be a decent picker of turning points but he does not know when to admit he is wrong and that alone makes me question whether or not he actually trades because anyone who can't admit when they are wrong will eventually let their ego blow them out in trading. I do like his stipulation about his call only being for January only.
