There must be thousands of these threads. All calling the top. What's crazy is that certain ET'ers keep making many new threads calling a top. Like for years now.
People love to predict. Eventually one of these calls will be “right.” Markets are rocking and rolling currently. These periods do not last forever. Make hay while the sun is shining.
How come nobody said the WTI settlemtent low of $-38 last April was it? The low was in? Bollocks to tops and bottoms!
Many more "bottom calls" are right in the mean time. I called a bottom on Gold miners last Thursday. So far it's been moderately good. Bought a bunch of Kinross just now in anticipation of earnings Wednesday. Low risk play with plenty of upside potential; decent alternative to just holding cash. I'm up almost 17% this month mainly on the energy bull, even though some of the nat gas stocks I sold last week had huge days today that I missed out on ( BIR, ARX, CR ). I don't understand people trying to short these moves without a clear catalyst; that stimulus package was bullish for commodities short term.