I don't follow this guy, but he has 65,000 followers on the Twitter and a substack. He came out with a mysterious 'look out below' warning on 9/24/2022 @ SPX 3693..(now we're at SPX 3970) Technically, the market did fall below the 9/24 price for a couple days in mid-October so maybe he gets some credit.
And to be fair, six months later we did have a wild financial crisis so there's that.
But in the end, people who have followed this 'expert's' sell calls over the last three years have had their clocks cleaned. Which shows you why market timing and listening to experts is usually not a good idea.
Tuomas Malinen
@mtmalinen
Cannot tell publicly, why, but raise some cash, and keep it.
10:33 AM · Sep 24, 2022
When challenged as someone who calls for crashes regularly and will often be wrong until he gets lucky and nails one and can then say forever more 'I called the crash of 20XX,' Tuomas acknowledges he has been wrong so far.
And he was wrong again in 2023:
Tuomas:
Two times in two years (some relatives keep count 😉). So, this is the third, and I think that #2 and #3 have a month a part.
We 'dodged the bullet' in 2020. Now probably not. Better to be safe than sorry.