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Every market cycle throws up human lightning rods,

the bulls and bears whose high profile

helps define the market of the day. Normally these people disappear from view as

quickly as they appeared, leaving behind them an internet history of claims and predictions which rarely

age well.

There are, however, market observers who built careers on their ability to see both sites and

help their clients survive bull and bear markets intact.

Sometimes these people get the market wrong,

but there's a discipline and intellectual honesty to their framework

which makes them spend time trying to understand why they may have missed a turning point,

and then incorporating that knowledge to make sure they don't miss the same warning signs the next

...