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Created on: 2/1/2011 8:16:37 AM   Last Update: 3/6/2011 12:11:02 AM Posted by: RTT
WARNING: This entry is 1614 days old. It may contain broken links, out-dated or misleading content. Please read on with caution.

1 POST What does Charles Nenner see when he said Dow 5000 by 2012? (464)


what-does-charles-nenner-see-when-he-said-dow-5000-by-2012Charles Nenner is has forged a reputation at being a very accurate market cycle forecaster over the last several years. He runs his business from www.charlesnenner.com. He makes market calls of tops and bottoms, and I accept what others are saying about him.  I advise you to google his www statements over the last couple of years. He can be wrong like the rest of us, but he has enough correct to warrant 30 minutes of your Google time. He is on record at saying this.

Charles Nenner said .."Dow will be at 5000 in 2 years (or 2012)"...

So what is he looking at, we do not know how he calculates his cycle algorithms, but it cant be too far away from what we do. So I ran some Hurst cycles scans (via our RTT Cycle Finder Spectrum), selected the cycles with the lowest Bartels score and high profit results, combined them, and this is the result.

Just a guide you understand !If you dont understand the terminology used in the chart, goto 'General information' and select 'Hurst Logic', thanks.

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Charles Nenner Dow 5000



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Investing Quote...

.."Successful tape reading is a study of force. It requires the ability to judge which side has the greatest of pulling power and one must have the courage to go with that side"..

Richard D Wyckoff


.."October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February."..

Mark Twain


..“Because of the extreme challenge, one must commit full attention to it.” Market speculation is “no different than trying to be a successful doctor or lawyer … you simply must devote yourself full-time to the study of your craft”...

Bernard Baruch


..“If it’s obvious, it’s obviously wrong.”..

Joe Granville


Unless you can watch your stock holding decline by 50 per cent without becoming panic stricken, you should not be in the stock market.

Warren Buffett




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