up to date russell report, page-7

  1. 3,800 Posts.
    Wasnt it Prechter with his elliot wave theory whom said when gold was US$310 an ounce that gold would have to go back to US$250 before if made its next move up??? Is he going to admit he was wrong? ....... or slightly adjust the forecast a little to get it right the next time??....... the never ending forecast......

    I mean these guys live can live their reputation for too long.

    There is no harm in listening to these guys.....but I would never act outright on their forecasts. Absorb it and make your own judgements, and adjust your strategy.

    The Dow has been falling for 3 years, but there is still room in the market to make money. Behave like its going to be a big bear and most traders I believe will survive long term.


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