### Comment:
It might - but as you just pointed out we had 5 weeks of red to play the downside. Market reverses green for 4 days and already people are slobbering all over themselves trying to call the top again

### REPLY:
He also pointed out that almost all of those 5 weeks have been recovered already, that's why people are trying to call the top still. 
  
 It's not a great idea, especially with anything shorter than 1mo out, but the logic is sound right now other than fighting the trend.

### END.