Thursday, October 01, 2009

They DO Ring a Bell at the Top!!!!

And his name rhymes with Tag!

No kidding, this guy has the most amazing track record of calling tops and bottoms. He is the ultimate contrary indicator (at least his personal investing, jury's still out on the professional side.) Literally one of the hardest working guys I know, very bright. Does tons of research and therefore has been bearish the entire way up citing all the best reasons to fade the rally. Till one day...

This is an email I got from him:
Chrystal ball say….



Investors getting more bullish. I think we are 2-4 months away from a “top” but not yet there.


Guess what day? Sept 23rd at 8am. SPX: 1071

Whoohoo! Admittedly, I'm jumping the gun as to whether he's right or not, but the mid term has been a pretty good trade :-) !

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