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Prechter----"Take Cover" stock market Strategy....
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sbark
Posted 7/5/2010 15:39 (#1261426 - in reply to #1261034)
Subject: Re: Prechter----"Take Cover" stock market Strategy....


on Drudge.......

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/7...
With the US trapped in depression, this really is starting to feel like 1932

http://www.cnbc.com/id/38092759

“Those who don’t remember history are doomed to repeat it…there was a head and shoulders pattern that developed before the Depression in 1929, then with the recovery in 1930 we had another head and shoulders pattern that preceded a fall in the market, and in the current Dow situation we see an exact repeat of that environment,” Guppy said.
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