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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: skinowski who wrote (137689)	10/20/2006 9:41:20 AM
From: Henry J Costanzo	Read Replies (1) \| Respond to of 209892

Said it before and will say it again....Prechter is not a MARKET analyst, and least of all an EW market analyst. For the quarter century plus that I have known him, he has been completely wrapped up in his theories of grand societal change....permeated by a continuing gloom-and-doom view of history. One of his most spectacular gaffes was his call in the early 80's for astronomically high interest rates; he was in a state of denial throughout the market rise of the 90s; and he has fought the 2002 recovery every inch of the way...ALL IMHO based more on what really boils down to FA than any technical EW analysis.. And people actually PAY for that !!!...LOL