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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (10767)	4/13/1999 8:48:00 AM
From: pater tenebrarum	Respond to of 99985

GZ, re:prechter. in a nutshell,he's very bearish. he expects a top sometime by mid-april and the subsequent decline to bring the market back down to the october lows, maybe even lower.this is based on his wave counts, and one has to bear in mind that wave counts are a highly subjective affair. prechter is after all calling for 'the' top for years now. that is not to say that his analysis should be ignored. he has lots of interesting things to say. his website is elliotwave.com he offers trial memberships, so you'll have an opportunity to check out his work in more detail. regards, hb