A Pesavento Turn Date This Weekend?
Posted by commoditywatch on April 23rd, 2010
Larry Pesavento , pattern recognition expert , who uses astrological patterns to great effect when trading, is back.
He sees this weekend - April 25th, 2010 - as a major turn date in the stock markets - as big as the March lows of 2009, which he predicted to the day.
Click here to view Larry's charts.
Listen Now:
Standard Podcasts: Play Now | Play in Popup | Download | Embeddable Player | Hits (2806)
April 24th, 2010 at 7:39 pm
Great Interview!
April 25th, 2010 at 2:37 pm
Interesting if the prosecution of Goldman was the “black swan” that brought the house of cards tumbling down.
April 26th, 2010 at 9:12 am
As always, an interesting interview. His technical analysis sort of relates to Elliot Wave but I doubt Bob Prechter is into astrology.
Astrology falls outside my field of view; and seems to be an exchange of one distraction for another. I guess if it keeps you from the herd in the newspapers then it maybe a helpful influence.
Thank you also for an interviewing style that draws the guest out rather than trying to coerce or mould them into a stereotype. Most refreshing.
April 26th, 2010 at 9:13 am
He has called multiple tops since july of last year (09). He is worse than a broken clock! Only right on october 08 and March 09. Other than that dead wron on at least 10 calls that I’ve heard.
April 26th, 2010 at 3:06 pm
Woo-hoo! Just bought 5454 shares of TZA @ $5.47 to bet 3X against the small caps today, 4/26/10!
Let’s see if you’re right, Larry. I’m ready for the ‘ole tankola! But if it breaks up I’ll exit stage left…
April 26th, 2010 at 8:29 pm
One day down. Tomorrow is the other day he said it may drop. But I agree with Dan. All the “planets are alligned” guys seem to make a lot of calls that go nowhere.
April 27th, 2010 at 3:28 pm
Maybe he got it right; todays downturn seems pretty significant.