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The Bear Market and Depression: How Close to the Bottom? July 12, 2010 by Elliott Wave International While many people spend time yearning for the financial markets to turn back up, a rare few have looked back in time to compare historical markets with the current situation – and then delivered a clear-eyed view of the [...] Prechter on Yahoo! Finance: “Even $1 Trillion Can’t Save the Euro, But Gold is No Safe Haven” The euro’s recent loss has been the dollar’s gain, which means that it’s not the best time to buy the U.S. dollar. Meanwhile, the most popular alternative to currencies, gold, isn’t such a good buy either. Watch the [...] 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 [...] |
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