Has the market crashed to the point where money is worthless!
jeez, I must have slept through it
as far as I can see all we have so far, is a completely unsupported contention, and a down day.
When we have a CRASH or doom (which I assume is below SPX666) as a provable result, then hedgie can claim to have been correct. Before that it is just a call with a 50/50 chance, and no time limits or schedule.
It's sort of like saying North Sydney will win the premiership. You cannot prove otherwise until the end of time, or the end of the comp, even though they do not have a team in the current comp.
Like I said, a track record of "one in a row" might be a perfect record, but how likely is to to stand up to systematic back testing.
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