You know it is just funny. When you get yourself even just a little bit in the public eye, people want to rip you apart at every chance they get.
Below is an email I just got from a guy calling himself Mike Nickerson.
Well, "Mike" is correct, I did get the timing wrong with an oil rebound. Moreover, this is not the first, or last, time I will get something wrong.
But here is my problem with people like "Mike."
These kinds of people would rather engage in self immolation than ever admit that I was ever right about anything!
If you follow my work then you know that I recently nailed what The Federal Reserve would likely do with regard to raising interest rates and by how much. The truth is I have only been wrong just ONE time in all the years the Fed. has been saying they will hike-I nailed their exact action every single time but once.
I said publicly (documented on USAWatchdog) that the election of Donald Trump as President would be a game changer and stocks would rally higher.
I called the rally in tech which began mid-April and ran through early June and nailed it.
I said before anyone else, sometime around 2 years ago publicly that the yield curve would flatten out (just as it is doing now), moreover, I also believe it will invert in the not so distant future. (Be careful I may be wrong on my yield curve inversion call).
I have made many more correct calls like the ones I listed above over the years, and some bad ones as well, (I am human).
The bottom line is sure, I have been wrong more than once believe it or not. Moreover, I will be wrong again. However, my correct calls have way outnumbered my wrong calls over the years (and if you have been with me for any length of time you know this to be true).
No speculator can ever be correct all the time, it is impossible, but people like 'Mike" simply don't get it.
I hope you liked my little rant! Thanks for listening...
