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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?

To: SwampDogg who wrote (22269)	2/21/2005 9:50:20 PM
From: Square_Dealings	Respond to of 60899

Sorry pal but I know the facts because I had 5000 ounces of gold from 259. I know every word that a*hole said about gold at the time. And Elliot Wave International was calling for 120. Thats the facts. You need to do the reading. Prechter is a total fck up. m

To: SwampDogg who wrote (22269)	2/21/2005 11:40:44 PM
From: nspolar	Read Replies (2) \| Respond to of 60899

fuddle I am not trying to take sides. But I don't think Prechter or EWI have been worth shit for quite a while. It happens man. Woolychuck has been much more prophetic, and much more correct. Hell, any number of SI dudes have been as good as Prechter over the last few years, and many have been much better. One thing that supposedly delineates western society from the ME is our ability to incorporate scientific analysis into our daily lives. We are supposed to observe and deduce. Prechter, not that many moons ago, announced we were heading into the 3rd of the 3rd down. Well, only since has the composite set a new ATH. The latter was not from some corrective wave? How can this be? Has Herr Prechter lost his ability to observe and deduce? How can we be in the midst of secular bull in commodities, and at the same time in the midst of secular bear? This makes no sense at all. What makes more sense is that the secular bull in commodities will kill the secular bull still in progress, in the general markets. Call it deflation call it stagflation to come, but it has not happened yet, and as long as major indices are setting new ATH's it has not happened. Prechter, EWI, or anyone else saying it is happening are just speculating. I don't dislike Prechter. He has obviously made contributions, and has done some good work. What I think all this demonstrates is that no one is infallable, not even Jesse Livermore, and certainly not Mr. Prechter. The Market Always Knows! Stay loose man, and trade the waves. The BIG TOP will come.