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To: Teresa Lo who wrote (7368)	7/10/2001 3:47:58 PM
From: Jim Willie CB	Read Replies (2) \| Respond to of 8925

Prechter has been preaching the same refrain since 1994 I took a cheapo 3-month trial newsletter back then he called the Dow move from 1987 levels of 1000 to 1994 level of nearly 4000 "speculative, groundless, and bound to return to 1000" so you can hold back from lionizing Prechter he is still 9000 pts wrong maybe by this autumn, he will only be 8000 pts wrong interesting how after a painful decline, the autopiloted naysayers are labeled geniuses I am not saying you labeled Prechter a genius but the undertone is one of assigning credit to his theory Raymond James's Henry Bloch has been a bear for years he missed the entire run from Dow 7500 to 11000 now he is a genius for calling the top I look at clowns like Fleckenstein the guy has been a bear since 1994 maybe even a bear since before he was born maybe his mother was from the ursa species these guys simply dont know how to make money they occasionally make a right call it seems they do well at selling their services not to me enough, silly me / jim