I'm curious . Does anyone know how often Terry Laundry has been right ?
On August 4th
he called for a peak near 1304, then new lows! (top was 1313)
The first task for the new month is to see the S&P peak, as it appears to doing, at or near the 55 Day MA currently at 1304. As discussed last week the current T is likely to collapse after a short initial rally thereby allowing the market to decline through its right side. All we need to do over the next two weeks is to observe the expected topping and later resumption of the decline to new lows.
In November he called for a major low. We hit 750.
In December he called for a late December peak then a drop.
In early February at SPX 850~ he said 750 was the next stop.
(All were correct)
His work is much like the Hurst projections in that they change as the market changes.
His timing was pretty good on the March low but he probably allowed his personal sentiment to influence his interpretation of the outcome.
EDIT: In his update he says that the Fed's infusion of BILLIONS has changed the projections.
March 12:
"A new T..but... I think the rally will prove very dangerous to follow"
Mar 10 2009
Terry's looking for a new T to anchor it's midpoint. "One more new low within a week"
On March 2nd:
Terry's T Update Selling climax, brief rally, ugly low, then 5000 by summer
Feb 10th:
Terry Laundry - Uh-Oh this new T will likely collapse in its right side...
Feb 5th:
MIT grad/ Hughs radar echo expert nails it...again 
12 "Time Symmetrical Echo" hits as forecast, 750 next.
Jan 11:
Terry's T: Not a bad call back in October 12 Major low Nov/Dec, then a peak end of December.
(The November low was near 750! Then the late December peak was 200 points higher.)
Dec 15th
"Incorrigible" Terry's T Theory Update "decline is likely" this week then "final peak Dec 29th
Edited by Rogerdodger, 08 June 2009 - 01:13 PM.
Now watching for the center post of the current T.
