Prechter, in an earlier interview, said the decline that began in January 2000 will play out for several years. "What's going to happen when the stock market finally bottoms? You'll be able to go in there and buy stocks that used to trade at $85 a share for maybe half a dollar or a quarter of a dollar
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
Tuesday, January 26, 2010
Posted by Eric at 5:27 PM