yes I did read the article. he said it will form a base in the next quarter, not crash. as for the range he describes, why would you believe he has the formula to predict $350 bottom?  436 bottom has given us all the signals we need.
all the past bubbles have consolidated in a wedge. thats a sequence of 5. if the price dropped to 350, this one would break that rule. wedges have significant meaning in consolidation.