Agreed. He did have his money on the sidelines since 1985...missed out on the 2000 leg of the market. Well we will see if his lasted prediction is correct. Do you Elliot wave?
If your asking if I count waves on markets, yes. However, I find that Elliott Wave while providing an interesting and valuable perspective is almost useless when it comes to making money consistantly in the markets. The problem is that if your using Elliott Wave you are looking to call market turns or you are looking to time the market. I think that most of the big money is made in following the long term trends. One thing for certain is that EWI was an interesting place to work. A lot of freaky people in that place.