Prechter: “A Deadly Bearish Big Picture”

Started by CrackSmokeRepublican, April 18, 2010, 09:26:41 AM

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CrackSmokeRepublican

Might be a cliff fall coming up next week or next... is what I'm hearing.... there's a short timeline for a major pullback.
Heads up...

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Quote"A Deadly Bearish Big Picture"

That's the headline Bob Prechter gave to his just-published Elliott Wave Theorist.

Headlines are usually about what happened already, but Prechter's headline is about what happens next. It goes beyond providing information. Yes, he wants you to see what he sees — but Prechter's purpose is to provide you with a forecast so that you'll be prepared.

So please consider the headline once again.

If you've read any of Prechter's books or heard him in an interview, you know that overstatement is not his style. When he says the "Big Picture" is "Deadly Bearish," that is exactly what he means.

This issue of the Theorist shows the depth of Prechter's recent research into what that "Big Picture" includes. The array of time cycles he explains is nothing short of amazing; each one is relevant to the how and when of what stock market prices will do from now until the year 2016.

And make no mistake, this April issue of The Elliott Wave Theorist fully recognizes the extraordinarily optimistic sentiment that now blankets the financial world. From technical indicators to magazine covers, the evidence is everywhere. Did you know that Time magazine quotes two professors who are telling students to use ALL their retirement savings to buy stocks on margin?

This is exactly the type of one-sided evidence that covered the financial world back in February of 2009 — except, of course, the extreme then led to a "deadly bullish" conclusion. Yes, that was precisely the month when Bob Prechter's Elliott Wave Theorist told subscribers to expect the stock market to turn bullish.

Once again, find out why investors turn to EWI for a different perspective. It's better to be with it than without.

Learn more about the April Theorist now.

http://www.stocksdoc.com/ElliottWave/20 ... g-picture/
After the Revolution of 1905, the Czar had prudently prepared for further outbreaks by transferring some $400 million in cash to the New York banks, Chase, National City, Guaranty Trust, J.P.Morgan Co., and Hanover Trust. In 1914, these same banks bought the controlling number of shares in the newly organized Federal Reserve Bank of New York, paying for the stock with the Czar\'s sequestered funds. In November 1917,  Red Guards drove a truck to the Imperial Bank and removed the Romanoff gold and jewels. The gold was later shipped directly to Kuhn, Loeb Co. in New York.-- Curse of Canaan