Quote Originally Posted by adam ali View Post
Mike,

Per this article from John Hussman, did Didier's work pan out so to speak? I know you were tracking it in part.

http://www.hussmanfunds.com/wmc/wmc131111.htm

Adam
Adam,

I attempted to use Didier Sornette's work to identify a possible top and back in 2013 (date of the Hussman article) it indeed looked like we were approaching a "Sornette" top with a critical date around January 2014. Since that led to only a 6% decline I concluded that all of my methods of identifying market tops were broken (at least for the current QE era). I also track all of the other top looking methods identified by Hussman to also conclude that those methods of market evaluation would eventually work but those tools are too blunt to identify when the top would occur.

The possible S&P500 rounded top that I identified a week or so ago was a new attempt to identify a structure that looks like a classic top. So far that prediction which was really a question (has the market already topped?) seems to be unfolding in the affirmative.