Haven't finished watching it yet but it will be interesting to know how they made money out of their DOW crash prediction back in the eighties. They had the right conviction, but their timing was out enough to have stranded them in the bull camp before they could switch to bear tactics. Maybe they re-calculated as the crash event drew closer? 'Black Monday' occurred 5 months earlier than his date, in October 19, 1987. "The market should continue to rally into the first quarter of 1988 - rough guess 3200 on the DOW, and Mar/Apr there is weakness, let's say the end of Mar 1988 the market drops sharply and let's say retraces 50% of the bull move from 770 to 3200 in a couple of months." http://vimeo.com/42376843#t=13m26s Source: http://stockcharts.com/freecharts/historical/djia1986.html
