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Strategies & Market Trends : Waiting for the big Kahuna

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To: Thomas C (Hijacked) who wrote (32013)10/19/1998 7:27:00 PM
From: Haim R. Branisteanu  Read Replies (5) of 94695
 
What Prechter actually said was that the market behaves very similar to previous crashes and that the whole issue of "long term investor" is misleading.

Prechter also told CNBC that people should take this opportunity to liquidate their portfolio. After barely finishing this sentence they finished abruptly his interview without even giving him a chance to explain why.

Instead they bring up this guy from Florida who maintains that the bear is over based on .... guess what?? TA !!!

Such a crap from CNBC, if the guy from Florida is bullish based on TA then why not entertain Prechter who is bearish based on TA.

Aside since wen fundamentals matter at all ?? If the market goes up the market is right if it goes down then people just panicked, so hold tight. <gggggg>

Haim
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