Zeev's Turnips Patch-No Politics (ZEEV)

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Zeev,

The link below points to latest (June 19, 2003) stock market predictive model by UCLA physicist Didier Sornette. His modeling suggests big drop in the markets by spring/summer 2004. My inclination was to dismiss his work when I first read about it some months ago, but if one looks back to Sornette's prediction in Oct 2002 he hit the spring 2003 rally bang on. Just lucky ? Too abstract and esoteric to merit credibility ? Thanks.

http://www.ess.ucla.edu/faculty/sornette/prediction/index.asp#prediction