Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Elliott Wave Theory -- Ignore unavailable to you. Want to Upgrade?

To: David W. Taylor who wrote (23)	12/13/2000 11:57:29 AM
From: Mike M	Respond to of 43

Mike, if Prechter is so wrong, how can he still be in business? I ask myself the same question. As a former subscriber, I can only suggest that after a couple years of no value added, I could not in good conscience continue his service. If his advice is helpful to you, David, then have at it. Hopefully, he has learned much since the "bad old days". But, I remain skeptical of his ability to call the market from very practical experience. As a cautionary note, he had no checks in place to acknowledge when to give up the ghost. He simply drew lines in the sand which were washed away by each market wave. If you choose to short GE, I would draw an indelible line... Good luck.