I couldn't find this appearance on Fox, but I've found it on Charles Nenner's site. He's had some very good market calls, including one late last year
where he called for a rough 2008, and he's also had some questionable calls, including a call in April
of this year that we might have hit the market low for the year. [You can see more detail on his calls as well as a bit on his methodology if you check out the prior posts I have linked above.]
Now he's saying we should see the market low around October 14 or 15th, and then the cycle should turn, and then stocks move up into May 2009. But he does also point out that if we have a break of the current market lows, then things have the potential to head much lower.CharlesNenner.com
see Fox News video at the top.
Labels: Charles Nenner, cycles