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prechter- for ellioticians


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#1 dharma

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Posted 21 April 2017 - 11:01 AM

avi gilburt posted this today. for wave enthusiasts . i found it to be quite interesting

https://seekingalpha...tRoadblock=true

hope you do too

dharma


Edited by dharma, 21 April 2017 - 11:01 AM.


#2 Smithy

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Posted 21 April 2017 - 11:39 AM

You can read it without giving away your email address here

 

http://www.marketwat...e-us-2017-04-21



#3 dougie

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Posted 22 April 2017 - 04:29 PM

avi gilburt posted this today. for wave enthusiasts . i found it to be quite interesting
https://seekingalpha...tRoadblock=true
hope you do too
dharma

I could not quite tell how far from the top he sees us

#4 Russ

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Posted 23 April 2017 - 03:15 AM

He thinks holding short term notes of the least unstable governments is the place to be before the crash, then buy precious metals, real estate, stocks near the bottom.  Armstrong thinks gold can rise with the dow which he thinks will go to over 40,000. The crash and burn will be government bonds (debt) but could also ultimately bring down major companies too, despite having been perceived as a safe haven for capital initially. In the end, Armstrong has stated governments will also eat the bankers.

 

BTW.... XAU has a trend for a july/august high.


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#5 johngeorge

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Posted 23 April 2017 - 08:51 PM

Bob Prechter Warns Market Correction "Larger Than The Malaise Of The '30s" Looms
Peace
johngeorge

#6 pisces

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Posted 24 April 2017 - 09:12 AM

to the best of my knowledge he,s been wrong for years.....



#7 dharma

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Posted 24 April 2017 - 01:19 PM

decades

dharma



#8 Russ

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Posted 24 April 2017 - 01:37 PM

He also stated that there are no cycles that are reliable but armstrong's pi cycle can be seen working going back thousands of years and it continues to work.


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#9 johngeorge

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Posted 24 April 2017 - 02:24 PM

If I remember correctly Bob called the bull market in the early 80's and that, I think, was the last time he had it correct.  So yes, could well have been 30  years or more since he has made a worthwhile call.


Peace
johngeorge