Well, i do not see anything wrong happening with what he is saying, first of all we should've known by now how to do technical analysis on our own as well as fundamental analysis, for some what he is saying might sound crazy, to some they keep in following him, but at the end of the day, it will be within our judgement on what we must do, not all of us had invested at the same time, i guess that will be a big part of your decision in the future, but if he is preparing for the worse to come, I doubt it, we should all have a plan already on what to do with our investments, whenever it goes up or down.