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To: Haim R. Branisteanu who wrote (62468)9/16/1999 10:18:00 PM
From: 10K a day  Read Replies (2) | Respond to of 86076
 
If the dude can pick an 'intermediate term '
trend change plus or minus 2 days,,,
That is pretty remarkable...



To: Haim R. Branisteanu who wrote (62468)9/17/1999 1:58:00 PM
From: BILL G. WRIGHT  Respond to of 86076
 
Thanks for your post. I agree with what you write. I once followed Prechter too, but eventually gave up on him. He went bearish years ago and refused to be anything but a bear. I have a lot of these market timers figured out. They will lay out about 4 different scenarios and each of these will have about 3 variables, thus giving the market timer about 12 chances of being correct. If just one turns out correctly, which is most likely, then they chalk this up as a correct pick. It does not matter about the 11 that were not correct, just focus on the one correct scenario.

Bill