Tuesday, July 06, 2010

Prechter Says DOW Will Fall To 1,000

Lokk out Below...;>

The New York Times recently profiled Robert Prechter and his call for the Dow to fall to 1,000.

If you're not familiar with Mr. Prechter, he's a follower of an obscure accountant named RN Elliott who claimed to have discovered that the stock market follows a predictable pattern which is somehow (don't ask me) related to the Fibonacci Sequence...

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