This is not a critique, just a comment.
I just listened to Frank on the FinancialSense broadcast. Granted, he was interviewed on Thursday afternoon. His read for the next few days was a big reversal up in the market. This clearly was in contrast to the doom claims we have been hearing for Oct 23-28, and of course, what in fact happened yesterday with the 300 point drop.
I guess it illustrates how tough it is to use technicals when so much is happening----manipulated or not.