In his defense, I do believe he actually thought he had some insider knowledge/information of what was to come. He actually believed in his mind what he was being told was 100% going to happen.
Of course, as we all know, there's no such thing as a sure bet - especially in the shortRun - in the markets. And that's the reason he got so much criticism from many in this thread.
It's one thing to say..." I really think ____ is going to happen, but of course there's no way to know for sure."
It's a completely different animal when someone says "My guy tells me this stuff, he has never been wrong, I guarantee you this will happen. I WILL NOT be wrong. I will be laughing all the way to the bank because there is no doubt I am right and I can't be any clearer."
This post was edited on 1/3 at 1:40 pm