He was mindblowing with pick of 2700 to occur in Autumn of 1987 10 years in advance.
yes I know, just like Chris Carolan, I bought his book
in June of 1997, he wrote the damn thing in 1992 and
his biggest turning point in the second half of the 1990's
was within several days of the July 1998 top in stocks.
Bob Hitt had that date nailed, the Bradley Siderograph
had it nailed, Martin Armstrong had it with his
8.6 year cycle.
Hey even I had it down, just listening to those guys, and
seeing the VIX at 17, and the massive bullishness, Cramer
was my favorite contrary indicator back then as he
was a hyper bull.
but Cramer's hit the cover off the ball this year, telling
people to sell, sell, sell in late Aug, and nailing the
subsequent bubble meltdown in biotech, Network storage, and
several other areas.
There are people who are smart spend lots of time working
with the market and get some impressive results...
Random Walk is a joke.
But everyone has cycles of performance just like
baseball players have seasons of waxing and waning
performance.
And that is the least discussed aspect of the Markets and life.
I can not believe that no one has written a book on it.
John |
