re: should tank this week to old lows

i saw Mclaren in Sydney a few years ago in his cream suit and with his stately manner. He was talking about his gann fann and lines and stuff. He showed us how he almost made a fortune on the futures inthe states but was stopped out by a freak drop that occured for only one day.He was calling a top in the XJO back then. He used lines like it could never get to .. such and such level. . . and this would be improbable but possible .. Every level he said would be a top subsequenlty got smashes and then he would make a new top and then another. I even subscribed to his newsletter. Again And again his advice was flawed and never amounted to anything. Trading using his advice is truly outdated and couldn't really make much cash in a modern day market. IMHO