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Strategies & Market Trends : Classic TA Workplace

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To: Perspective who wrote (122309)	7/26/2005 12:32:47 PM
From: skinowski	Read Replies (1) of 209892

I think that Bob Prechter is probably the most insightful person out there, with the deepest understanding of the markets. I think that his "Conquer the Crash" in many ways was a general public-friendly, watered down version of the "Tidal Wave".... both worthwhile books. From these recent essays I see that his language is once again becoming stronger and more decisive. And yes, it's scary... I hope he is wrong, but I know that is probably not the case. The ED is shaping up as the simplest and most attractive scenario. Imo, the game of wondering how the later stages will play out is hardly worth the candles. It may overshoot, or it may fizzle out... who knows. Of course - just to cover the bases - bears may turn out wrong.... for a while longer.

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