Barnsty,
It has no significance other than this guy has picked the last few tops and bottoms accurately. Add to this he has been on bloomburg saying the bottom S&P will be 1076. All it takes is his word to become gospel, which it may well have due to his past performances. http://www.marketstudies.com/
I think you may be assuming traders are intelligent and indepentant thinkers. lol
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