The issue is the premise. Professional traders aren't interested in the ultimate bottom. They want to enter at a bottom using their experience and technical data. Eventually, yes, one of those will become the trend reversal bottom.

I can spot the ingredients of a bottom opportunity in real time and act on it in large volumes. This one I alerted everyone to before it occurred. Is it THE bottom? Well if it becomes a bottom into a breakout upward through SPX 4040 then the actual bottom occurred back in June. I spotted and alerted on that one as well.

So can I "time" the markets? Whatever that means, I say I can enter the markets when the data and my experience tells me to with great success. Then comes managing the generally quick success that occurs on the bands bouncing. You use those to do a myriad of things, i.e. trim, place protective puts using a portion of shares held with covered call premium.

The question isn't "Can people time the markets". It's can people use their experience and know which massive amounts of available data to use to enter at pivots. The answer is, as long as they do so with a better than 90% success rate, and know how to be disciplined on the other 10%, then who cares about timing the markets?


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