"No. A price and time prediction should be a prediction of the price and time at which you expect to get new information."


are your predictions always right? he made a wrong prediction or the scenario didnt quite work out exactly as planned. why are you so hung up on the predicibility of when he gets new information. how can you tell when you will get it? his indicators are telling him something else now.


"He never gave the impression that this was anything but a two-month trade, where the passage of time, or reaching the low, would invalidate the trade."


im not sure thats true about the impression he gave. that was your impression not necessarily anyone elses. his indicators have obviously invalidated the trade. again youre nit picking. anybody is going to invalidate a trade when theyre indicators tell them that they should change.


"He has completely changed the distribution of returns, and the appropriate level of capital to commit to the trade."


how do you figure that one? his indicators tell him to do something else, hes doing it.


"He said "It's here." That implied something long awaited. People do no long await things which are over in a week, or even in a month or two."


it implied something to you not necessarily anyone else.