1 Response » to “Robert Prechter Predicting Stock Market Crash”

1. Mark Markshire says:

   November 19, 2008 at 6:09 am

   Prechters overall scenario is correct but the devil is in the details. The problem is Prechter predicted this since the 90′s with the big crash coming in 2002. He missed the biggest bull market and had his followers going short the market over and over. Anyone who listend would be insolvent now. He had people sell their homes and rent – a great idea – only it was about 2+ years early and they missed the biggest increase in the homes values. He had it right, but about 6 years too early and I have never seen him explain this or apologize.