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Strategies & Market Trends : Classic TA Workplace
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To: jjstingray who wrote (65122)2/2/2003 3:47:35 PM
From: nspolar  Read Replies (1) of 209892
 
I listened to the interview. I recall Prechter saying directly (or indirectly) that we were in a 3 down. I don't recall him saying it would end this quarter.

I also recall him emphasizing most bubbles ultimately end lower than where they started, hence his ultimate DOW low target of around 1000.

I got the feeling Prechter thinks we will have a crash, although I don't recall him saying that, specifically.
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