Prechter wrong again--this IS a top, and a major one

Discussion in 'Trading' started by panamaorange, Apr 8, 2010.

  1. No top until May? And the drop will be LESS severe than previous drops???


    Does this guy know how to do basic intermarket analysis?

    Unless equities buyers can get TLT, FXY, VXX, and UUP to all start plunging again--indefinitely--we are not getting above dow 11k.

    IYR is absolutely dead in the water--so, the entire financial sector is toast.
  2. Once again, he was "early" on the call. :cool:
  3. wheres the link.
  4. Prechter was on fast money last night talking negitive. they were ridiculing him.
  5. Every day I see a new bearish thread calling tops. You guys talk about how crazy it is that the last XX days/weeks has YY up days. I think it is crazy how 9 out of 10 threads that have a directional view are bearish.
  6. pspr


    Let us know when you bears finally capitulate and go long. I'll be a seller on that day.
  7. Be fearful when others are greedy, and be greedy when others are fearful. I think some rich dude said that or something. :D
  8. olias


    That's the point, exactly
    #10     Apr 9, 2010