It appears many "traders" here expected Socrates to be something it is not. Did anyone read the terms of service or specifics on reversals?
I suspect that the highly critical will call him out if the public/private wave transition doesn't happen to the day. A prediction he made decades ago and before "QE" was even invented.
If anyone feels cheated and has purchased his "How to Trade a Vertical Market" report or another report which shows more in-depth predictions on the future of the markets -- I'm possibly buying - please contact me via PM.
Thanks for posting the update on Gold.
I find it interesting that you have written this with an accusatory undertone that we are all here to intentionally find out where he fails...
It's not about being hypercritical... It's simply calling his trades out for what they are. There's plenty of examples where his calls haven't played out and as a result, it HAS TO PUT YOU AS A TRADER (or if you prefer "trader") in a position where you need to doubt and have low confidence in his calls.
The example I provided of the DJI and his bear case to 23,700 is the perfect example of why his latest blog posts on gold can't be trusted at face value. Therefore I need to trade my system first and see if he turns out right... If I need to do that and can't trade with confidence in his calls... Then where's the value? If he's right consistently you can incorporate that into your trading - if not - then it only serves as a distraction.