All predictions are correct Whether they are correct at the time they happen - well that is another matter entirely
robert prector predicts severe economic consequences, adn those who follow his advice experience them
sometimes he's right The funny thing is that the longer the time between the prediction and the crash the more credit is given. "Our next guest called the crash 3 years before it happened...." If you go on TV twice a year and warn a major crash is coming, sooner or later you'll be right
Prechter should have taken up surfing instead of financial markets. He's eternally looking for that big wave "down"
Some highlights of Prechter here: http://www.cxoadvisory.com/gurus/Prechter/ I love the June 2003 one: "Dow is headed to 4000"