Prechter says Dow going to less than 1000 in 5-6 years.

Discussion in 'Stock Market' started by Toro, Jul 5, 2010.

  1. Toro
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    Toro Diamond Member

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    Seems pretty extreme to me.

    Get out of stocks, Robert Prechter warns - The Globe and Mail

    Though I agree that now is not a good time to hold stocks in general, Dow at, say 900, means the end of the world is coming. That is a highly improbable event.
     
  2. xotoxi
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    xotoxi Platinum Member

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    Does Robert Prechter have a picture of himself standing in a field shirtless?
     
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  3. william the wie
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    william the wie Gold Member

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    Look at the tax law changes scheduled for 1/1/11 and thereabouts. This congress has literally paid people to get out of stocks by New Year's.
     

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