Part 1: Robert Prechter speaks at the 2007 New Orleans Investment Conference.
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the last time I heard his prediction of when the 'Depression' should bottom out was 2012 give or take a year, so when did he say 2014-2016?, I noticed that this rally seems to be lasting a lot longer than he predicted, I think he told his subscribers to get out of assets around mid August but not to short until confirmation is obtained within a month or so after, so were approaching mid October now, so if this rally goes longer than it should then maybe the whole projection lengthens out too?
but he also said it could last more than a decade. Like in Japan deflation lasted 14 years and its just about to go back into deflation. Thats why they call it
the last time I heard his prediction of when the 'Depression' should bottom out was 2012 give or take a year, so when did he say 2014-2016?, I noticed that this rally seems to be lasting a lot longer than he predicted, I think he told his subscribers to get out of assets around mid August but not to short until confirmation is obtained within a month or so after, so were approaching mid October now, so if this rally goes longer than it should then maybe the whole projection lengthens out too?
mlndstream 2 years ago
but he also said it could last more than a decade. Like in Japan deflation lasted 14 years and its just about to go back into deflation. Thats why they call it
"THE MONSTER"
marky1333 3 years ago
According to Prechter sometime between 2014-2016
marky1333 3 years ago
Who can tell me for how long the economy is going continue to deflate?
adrianaJacobs 3 years ago