SMC Update Week Ending 10-18-24 Recorded 10-19-24

10/20/2024


Comments (1)
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daniel039209
daniel039209

Lets at least be intellectually honest for a moment. You talk as if you just got bearish on a DJIA print of 43275. You found a new object de jour to be negative on on Oct 8th at 41954. You had the "bottom to bottom to top" prediction, you had a negative view of SPX also. So you, are actually 1300 points wrong in yet another offsides call, yet you laugh at the mystery of the markets advance as if it was a fun study and being wrong for 19? 21? months is a puckish event. Let us know the seasonality for the last 2 months of year. And what is the Eliades contra indicator that Hussman referenced that you never mentioned. He said it was activated 10 weeks ago. Well, maybe it was a blessing you didnt parade that indicator 10 weeks ago. Disastrous results would have followed.

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