Prechter: The Market May Go into "Critical Condition" 8/17/10

[sang3Eta]

Hard to predict the Fed would come in with QE2 and save the market again. Will they be able to afford QE3 to save the market again in March 2011? Lets see.

[harizal5]

well that was as wrong as wrong could be. great call.....not

[Sempertacsil]

Yeah, it's weird that the "smart money" has been driving down long-term treasury yields to new 52 wk lows....and yet the equity indexes hasn't followed suit. These same yields bottomed back in late Dec '08...a full 3 months before equities did. Sooner or later, equities have some catching up to do.......to the downside that is.

[orangedac]

so are you saying the next move is sharply to the downside?

[ednan9]

I much rather read his social behavior theories, that make much more sense...

[UPSIPO]

Robert Prechter Garbage! What about Elliot Wave Principal?

[ednan9]

@UPSIPO can you say something else from a economics and finance prespective...you dumb donkey

[fal2grace]

thank you

[edro2383]

good post.