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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: da_cheif™ who wrote (32894)	9/26/2008 1:14:59 PM
From: kapex	Respond to of 207508

He's been looking for that for years. Sells lots of newsletters but wtf. I remember going back and forth with Peter deSario way back on gold just before he went and worked with Prechter. Peter was positive on gold but after he went I couldn't nderstand how he could work for him when the guy was SO wedded to this collapse and deflation scenario as inflation was clearly what had begun to happen after LTCM and the Asian thing. Greenspan clearly went into pump it up mode and never stopped! LOL Yet Prechter kept preaching the same thing. I sent a note to Peer and literally scathed Prechter saying... "That to change and become bullish.....NOW, on the metals (they were climbing through 350-400 at that time IIRC), meant that he would have to change his whole premises that he had been saying. You can't have it both ways. It's a shame Don because as you said in one of those interviews way back, he wrote a good book on the wave structure which it certainly is. I think what people are failing to understand is, that this period is not one you can compare to the 30's or any other time period except for maybe John Law and his mad money creation. Regards, k