There are many more things that need to be done by the prudent person during a Bear Market .. not just getting out of Long (Up) positions. [...]
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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 [...] Bigger Than A ’10% Correction’? Every Big Bear Grew From a Cub May 26, 2010 By Elliott Wave International The famous “10% correction” that market pundits talk about sounds so nice and tidy, so predictable and tolerable. It’s as if this “cute little correction” came neatly wrapped, looked like an M&M candy character, and smiled [...] |
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