For all those who love to see the financial gurus get their comeuppance: http://www.businessinsider.com/the-...0#nouriel-roubini-how-low-can-the-market-go-1
Awesome! A few high profile idiots look like idiots while an entire country slowly sinks into bankruptcy. There's the tragedy.
...and there was science too: "Technically speaking, according to NEoWave a correction began at last October's low; the March-June rally is the final leg of that correction. The March-June rally is now ending, allowing the bear market to resume. During the next six months, the S&P will decline 50% or more, breaking well below 500!" -- Glenn Neely, founder of NEoWave Institute and prominent Elliott Wave analyst, June 16, 2009 DJIA: 8504.67 P.S.: Maybe I could have my own Dragon Institute
actually, the stock market rallied so much that it bankrolled a bunch of tech firms to transplant the brains of ET members so that they think that they are in a perpetual rally forever. Stocktrdr lives on and on and on....
You might want to have it backtested and post the numbers before asking people to believe on it on faith
Faith? How about posting it in real time BEFORE things happen?? Oh, but I already did that, correctly predicting last year's and this year's bottom. So yes, I want my own Institute!!
Dude, where have you been? The thread is called Dragon pattern and has been going on for 8 months... Here, I will do it for ya: http://www.elitetrader.com/vb/showthread.php?s=&threadid=154290&highlight=dragon+pattern