His career has been exceptional, except for one bad year, 1981, when market reverses cost clients $80 million.
At that point, the market reversed and went back up.
But in the afternoon the market quickly reversed course.
It is considered to bring higher probability trade entries, once this point has passed and the market is either continuing or reversing again.
When the market reverses and the potential for a bull bar disappears, it leaves the bullish traders trapped in a bad trade.
When the market reversed in early 1980, she lost about a quarter of her profits and walked away.
The market reversed again today, but the episode has sparked another round of debate about deflation, the economy and Japan's bloated debt.
The market reversed as some statistics suggested economic growth might be slowing more than traders had anticipated.
Across the globe, markets reversed the course they set on Wednesday as events unfolded.
"But if the market reverses," he added, "they might look for investment help off line."