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Re: CortesInvestments post# 43666

Thursday, 10/09/2014 8:06:26 PM

Thursday, October 09, 2014 8:06:26 PM

Post# of 47295
He's calling for the 10% correction, I don't see yet. Also he's using the big cap index, not S&P 500 main street. Not the best to use a smaller sample base. Where he got his support levels don't match the weekly support levels. Have no idea what hat he pulled them from. But the over all worst case number is in line, at 15000+/-. Thing is; before one calls for worst case, first, second, and third cases, should have been reached.

IMO he's predicting, not projecting what the chart shows. Boo for his work ! How can a good Technical analyst call for the end of a pattern break, before the beginning starts?


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