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RE: [RT] RE: Charles Nenner



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Thanks Howard, I saw that one contemporaneously and just re watched it.  His predictions do change, after all, what do we all do when conditions change?  I guess the severity of the Jan-March 08 caused him to believe the low as in in March 2008. Of course it was not. And 2008 did not end flat…it was severely down.    Similarly, the 2007 link below gave his view that the bull market would not end until 2013.  His dominant view of cycles is good in handling changes in trend and enter/exit points, but his system’s handling of price levels doesn’t seem to work.  And in fairness, in the video link below he explains that cycles do not predict the ending price, only the date.  Very interesting guy.  He comes across with more humility in the video link below “Cycles are never wrong, I am” or something to that effect.

http://charlesnenner.com/inthenews-2007-07-12embedded.html

 

From: realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx] On Behalf Of Howard Bernstein
Sent: Tuesday, February 03, 2009 12:00 PM
To: realtraders@xxxxxxxxxxxxxxx
Subject: Re: [RT] RE: Charles Nenner

 

Here is Nenner's Dec 2007 CNBC appearance where he gives his predictions for 2008.
http://www.cnbc.com/id/15840232?video=604588959&play=1

Howard Bernstein

From: Jim Ross <jrosscpa@xxxxxxx>
To: realtraders@xxxxxxxxxxxxxxx
Sent: Tue, 3 Feb 2009 11:31 am
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@yahoogroups.com] 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? 

 

Thanks,

 

Kate

 


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