" We have already seen the first fall in the current bear market - from November to January - followed by a rally to about the 200-day MA, from which the market turned down. This will be the rule-of thumb - as it was from 2000 to 2002: drops followed by rallies to the 200-MA, followed by renewed down-moves. It's as easy as that. I caught every rally and every turn in this way. People thought I was a genius. But the simplicity is numbing!
Do this until the 20-month MA turns up, at which point we are back into a bull-market. I don't expect to see that for at least three years."



