According to The Kobeissi Letter, they identified mis-priced market 'certainty' and took short positions leading to a 200 point reversal, significantly contributing to a March gain exceeding 500 points.

According to The Kobeissi Letter, a strategic short position was taken after identifying mispricing in market 'certainty,' resulting in a 200 point reversal. This contributed to a March gain of over 500 points, demonstrating the importance of accurate market assessment.