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I always
lose track of full moons. However, we remain in a “Puetz”
crash window (crashes never occur outside a Puetz window, but do not always
occur during a Putetz window-see Peter Eliades work and Chris Carolan’s
work). A severe downturn, however brief, is still possible.
My preferred
reading of EW (ala Hochberg/Prechter), McHugh’s phi dates, and Armstrong’s
PEI has a w2 of w5 of w1 (Hochberg/Prechter’s current count) completing
imminently at current levels or slightly higher, thereafter, with 3 waves down
to test Nov ’08 lows and maybe even 2002 lows. To get to Armstrong’s
‘reactionary high’ in March 2009 there would then need to be a
powerful V bottom and rally (see Armstrong’s “It’s Just Time”
dated 10/8/08). Just trying to put pieces together.
If you want
to get a feel for how Nenner synthesizes his forecasts, the following 2007
video is a pretty exhaustive video on his methods. It’s not a pure
methodology. It includes EW, cycles, Fibs, solar sunspot cycles…..
Its apparently his methodology doesn’t say “This is the day”
or “This is the price.” Rather, we’re very close in TIME.
http://charlesnenner.com/inthenews-2007-07-12embedded.html
From:
realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx] On Behalf
Of Ketayun
Sent: Tuesday, February 03, 2009 11:45 AM
To: realtraders@xxxxxxxxxxxxxxx
Subject: RE: [RT] RE: Charles Nenner
Wow
Jim! I just read through all the clips.
The
week of the 9th is 13 weeks from the Nov low with the 5th pointing to a CIT
(thinking high of the week).
The 9th
should be bullish (Full Moon in Leo) but possibly the low will be another day.
Haytham's statistic plays out often, Friday down= Monday and at least one other
day down in the following week. Down can be LL and up too. Maybe Feb 11th?
[>>] -----Original
Message-----
From: realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx]On
Behalf Of Jim Ross
Sent: Tuesday, February 03, 2009 11:31 AM
To: realtraders@xxxxxxxxxxxxxxx
Subject: RE: [RT] RE: Charles Nenner
Saw the interview. Loved the
comment “I’m never wrong.” I admit, he is
amazing. BUT, I saw him in March 2008 on CNBC when he declared the low
was likely in for the year. OOPS. I’ve spent this morning
since then catching up on the videos that are on the net for Nenner. He
combines EW, cycles, solarspot cycles, Fibs and tons of price observations
going back several hundred years and creates cycles that point to turning
points. EXCEPT for the bad 2008 call, which I can’t find a video
for it (not surprised), he’s pretty accurate in terms of time. And
on this one, I agree with an exception. I think the buy is going to be a
lot lower even though its only days away.
He did say on CNBC this morning, the low
and the buy point is any day now.
From:
realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx] On Behalf
Of Ketayun
Sent: Tuesday, February 03, 2009 10:40 AM
To: Realtraders
Subject: [RT] RE: Charles Nenner
Just saw him on CNBC and
researched him too. He is calling for a bottom (within a few days) until Mid
March. He seemed disinclined to point to date or price but apparently is well
able to do that. Anybody got a clue about his forecasts?
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