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>From Barrons:
"Robert Prechter, the el supremo guru of the 'Eighties, whose Elliott Wave
technical system has caused him to fire mostly blanks in the past decade. In
any event, he claims that a bear market has begun that pushes the Dow below
4000, perhaps by the end of December. And before the bear market finally
bottoms out in 2003 or 2004, a nuclear winter will descend on Wall Street,
sending the Dow reeling into the realm of "triple digits" (i.e., below
1000). "Markets move on predictable waves in mass psychology and not policy
mechanics," he asserts. "Thus, one should get ready for the biggest bear
market in our history."
At 09:27 AM 11/4/00 -0600, you wrote:
>I seem to recall that Prechter wrote a doom-and-gloom book a few years ago
>predicting a massive decline in the markets. Of course, it didn't happen.
>If he keeps predicting big declines, sooner or later he'll be right.
>However, I don't think that he, or anyone else, can predict the future with
>accuracy. If he really could, why would he waste his time writing
>newsletters? He would be richer than Bill Gates.
>
>That's just my opinion.
>
>Tom
>
>At 02:19 PM 11/4/2000 +0100, you wrote:
>>More about Robert Prechter at: http://www.elliottwave.com
>>
>>
>>At 09:32 PM 11/3/00 -0500, you wrote:
>> >I just received Oct's copy of "The Elliott Wave Theorist" by Robert
>> Prechter.
>> >I've heard nothing but good things about Prechter but know very little
>> of his
>> >past
>> >predictions on the markets..
>> >He's calling for a decline in the financial markets that isn't expected to
>> >bottom until 2003 - 2004 .. he mentions July 4 '04 as a likely target for a
>> >bottom.
>> >If anyone has knowledge of Prechter's past predictions and how credible he
>>is or
>> >
>> >isn't please let me know. I specifically heard a rumor that he was
>> bearish in
>> >'98
>> >and missed the bull market.... I find this hard to believe but I thought
>>I'd ask
>> >anyway.
>> > thanks ,
>> > Jack
>> >
>> >Lionel Issen wrote:
>> >
>> >> Yes, please tell me how I can get a copy. Do you have the isbn# and
>> name of
>> >> publisher?
>> >> Lionel Issen
>> >> lissen@xxxxxxxxx
>> >> ----- Original Message -----
>> >> From: "Jack Assante" <Blastoff@xxxxxxxxxxx>
>> >> To: <metastock@xxxxxxxxxxxxx>
>> >> Sent: Friday, November 03, 2000 4:40 PM
>> >> Subject: Re: COHR
>> >>
>> >> > "Profits in the Stock Market" H.M.Gartley. I can even tell you how
>> to get
>> >> a
>> >> > copy if interested.
>> >> > Jack
>> >> >
>> >> > Lionel Issen wrote:
>> >> >
>> >> > > Gartley probably refers to the author of a book published about 30
>> years
>> >> > > ago. Does anyone have the title of Gartley's book?
>> >> > > Lionel Issen
>> >> > > lissen@xxxxxxxxx
>> >> > > ----- Original Message -----
>> >> > > From: "David J" <magnatizer@xxxxxxxxxxx>
>> >> > > To: <metastock@xxxxxxxxxxxxx>
>> >> > > Sent: Thursday, November 02, 2000 9:32 PM
>> >> > > Subject: Re: Re:COHR
>> >> > >
>> >> > > > This link has two charts. The top chart is a bull Gartley and the
>> >> bottom
>> >> > > is
>> >> > > > a bear butterfly
>> >> > > >
>> >> > > > http://www.harmonictrader.com/charts.htm
>> >> > > >
>> >> > > > Both patterns contain ABCDs and a X starting point. In a gartley D
>> >> stops
>> >> > > > within a retracement level of XA. In a butterfly D extends past X.
>> >> > > >
>> >> > > > David
>> >> > > >
>> >> _________________________________________________________________________
>> >> > > > Get Your Private, Free E-mail from MSN Hotmail at
>> >> http://www.hotmail.com.
>> >> > > >
>> >> > > > Share information about yourself, create your own public profile at
>> >> > > > http://profiles.msn.com.
>> >> > > >
>> >> >
>> >
>
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