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Bob Prechter: Re: Re: Re: Dissing the Elliot Waver


  1. ap305

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Top 1.   Mar 12, 2003 8:32 AM

» ap305 - Re: Re: Re: Dissing the Elliot Waver

In response to message posted by Kirk:

Nailing the Bear market is what you would expect a permabear to do in one of the worst bear markets on record

In his Elliott Wave Theorist issue dated December, 1999, he makes a most compelling case for an imminent market reversal, within 90 days, that would kick off a multi-year bear market. This was not his typical, "perma-bear" rant, this was 25 charts making his case in a persuasive, beyond a reasonable doubt, unequivical, "the TIME is now" treatise. He has since then occasionally gone to 200% SHORT in his monthly newsletter (the one RP writes, not his staff), all bullseye trades. Perma-bear or good trading? Whatever works.

-- posted by ap305


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