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Strategies & Market Trends : John Pitera's Market Laboratory

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To: John Pitera who wrote (19066)4/20/2017 11:55:53 PM
From: John Pitera1 Recommendation

Recommended By
The Ox

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The Peak Oil Years of 2006 - 2008



Bob Prechter gives a talk on Gold, silver and Oil focusing on psychology......



my.elliottwave.com

what is interesting about the psychology of crowds is that you can use the crowd mass psychology without counting specific elliott waves.

At the top of the Crude market on July 2nd 2008 there was over 90% bullish sentiment in the market..... to have it drop 78% in 5 months was pretty phenomenal

JP
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