NS: Boon, do you know that DeMark is calling for a top for Crude Oil?
Boon: Tom DeMark?
NS: Yes! DeMark said Crude Oil had already topped out last Friday, and will not test the new high again for at least another 6 months or so.
Boon: Hmm... I wonder how DeMark arrived at that conclusion.
NS: You sure you still want to go long?
Boon: I have not capitalised on my plan yet. Still need some work done.
NS: Boon, you know that if you do you will be going against the market timing model employed by the big and wealthy including George Soros, Leon Cooperman of Omega Advisors, Michael Steinhardt, and Steve Cohen of SAC Capital. You are essentially betting against these guys!
Boon: I know.
NS: My goodness. You went against Boone Pickens and now you want to take on Tom DeMark?
Boon: ....
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