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OK, OK, you got me....
but the Nasdaq rallied 1200 POINTS between Jan 14 and April 2000....
anyone using this rec at that time would never have been able to withstand
the "heat" from the position loss...
which would have been enormous.
Nuff said for EWT timing.
> -----Original Message-----
> From: tradewynne [mailto:tradewynne@xxxxxxxxx]
> Sent: Saturday, August 31, 2002 2:59 AM
> To: realtraders@xxxxxxxxxxxxxxx
> Subject: [RT] Re: he's BAAACCCKK.....
>
>
> > Where was this forecast in January of 2000 ?
>
> Where'd he go? Where've YOU been. You can blame RP for
> a lot of stuff, but not being bearish enough, early enough?
> Geeeze, pleeeeze. Quotes from EWFF March 2000:
>
> "March 2000 issue(data through March 2)
> JAN.14, 2000 [long term target] Below 400"
>
> JAN.14, 2000 [intermediate term target]HOLD SHORT Below 7500
>
> "The Dow averages, S&P 500 and New York Composite are now are in sync
> to the downside. The NASDAQ 100 achieved the new high allowed for in
> our Interim Report, but now sits on the cusp of a sharp reversal as
> the pattern traces out the final subdivisions of its fifth wave. A
> close beneath 4024 will align this last rising index with the rest of
> the market and signal the end of the mania."
>
>
> --- In realtraders@xxxx, "M. Simms" <prosys@xxxx> wrote:
> > http://www.elliottwave.com/conquer/reviews.html
> >
> > Robert Prechter......again ...but now with "after the fact"
> forecasts......
> > previously, he was too early.
> > Where was this forecast in January of 2000 ?
> >
> > Ah.....therein lies the problem with EWT.......questionable timing
> ability.
> >
> > I understand he is calling for Dow Jones < 1000 within 3 years !!!
>
>
>
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