| •Main  |  • Drop Box  |  • Chat   |  • forum  |  • links  |  • Link to Us   |  • Archives  |    |  • Join Forum  |  • Donate  |  • Store  |  • Quick Post   |  








Dot Info

Subscribe to me on FriendFeed


• General Discussion
• Pandemic Flu
• War & Rumor
• Economy Watch
• Links & Things
• Site Stream

brainpaint at occasion2b
• BrainPaint






Status
Status

The sun Today
Playing on RadioShowlinks.com





DI FM Playlist





Dr.5z5 Open Feed Directory


Welcome, Guest. Please or register. Or not
         ~ Guest posting also encouraged ~
December 15, 2009, 08:27:46 PM                                


• View most recent posts.


      

  * Home Search Login Register
Pages: 1 Print Start new topic
beast
Hero Member
Posts: 5251


WWW
Robert Prechter on Monday moved to 200% short
« November 25, 2009, 01:59:19 AM »
ANNANDALE, Va. (MarketWatch) -- It might not exactly be news that Robert Prechter, the famous follower of the Elliott Wave theory, is bearish on the U.S. stock market.

That's because he has been playing the equity market from the short side for quite some time now.

But what is news is that, earlier this week, he became even more aggressively bearish than usual: He is now recommending that traders allocate 200% of their stock trading portfolios to shorting the stock market.

What should be your response to Prechter's latest advice?

There is no easy answer, unfortunately.

But this question does raise a whole range of fascinating issues having to do with how best to interpret not just his, but any adviser's, track record.

On the one hand, Prechter's advice over the last couple of years has been top-rated. It's not just that he was bearish during the financial meltdown -- he also did a good job of playing the various intermediate-term corrections along the way.

Reply with quote Reply with quote
Pages: 1 Print Start new topic 
« previous next »

Top

back
Powered by SMF 1.1.11 | SMF © 2006-2009, Simple Machines LLC
Twitter Mod created by 2by2host.com - a web hosting company
| Sitemap