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topsecret09 (28.16)

Elliot Wave... Robert Prechter says we will fall below March lows.

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August 11, 2009 – Comments (3) | RELATED TICKERS: AUY , BAA , FAZ

         He also thinks that Gold and Silver are overbought. "If the dollar strengthens,the market dives"....  http://finance.yahoo.com/tech-ticker/article/299205/Bob-Prechter-%22Quite-Sure%22-Next-Wave-Down-Will-Be-Bigger-and-March-Lows-Will-Break?tickers=%5EDJI,%5EGSPC,SPY,DIA,QQQQ,%5ERUT,BGZ&sec=topStories&pos=9&asset=&ccode=        http://finance.yahoo.com/tech-ticker/article/299368/Metal-Mania-%22Heavily-Overbought%22-Gold-&-Silver-Due-for-a-Major-Fall-Prechter-Says?tickers=GLD,SLV,GDX,FCX,NEM,PSAU,ABX&sec=topStories&pos=8&asset=&ccode=

3 Comments – Post Your Own

#1) On August 11, 2009 at 6:15 PM, kaskoosek (99.78) wrote:

Welcome to absolute trash articles.

The dollar's value is zilch in the long run, so owning it today is suicide.

 

 

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#2) On August 11, 2009 at 6:44 PM, awallejr (79.38) wrote:

Good, more bear articles please.  I get nervous when too many are bulls.

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#3) On August 11, 2009 at 6:50 PM, Varchild2008 (76.59) wrote:

I'm both... I sorta bob and weeve between Bear and Bull on a daily basis. Nothing makes any sense but hey the Market is going up! woopie!

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