Traders always say don't pick tops and bottoms, yet the people on the right side at these entries are revealed in hindsight to have been the smartest guys in the room. Or the luckiest. So who are they primarily, and are they smart or just lucky? Is it alot of pikers who got lucky this time, a different group each time since all who "gamble this way" will eventually fail? Or possibly hedge funds/ black boxes / big players getting filled on their last scales, building on earlier entries in key value zones? We all know big money drives (and turns) markets. And there's almost always an OBVIOUS reason (in real time) for why this level became S or R (not necessarily for why it was THE FINAL S or R in the timeframe considered). So I'm just trying to understand the whole smart money/ dumb money mix that goes on at highs and lows.