>world boom ahead< from richard russels latest
> "We saw something that is extremely rare [on April 20 and April 25], in fact I can't remember ever having seen this before. What I'm referring to is that on those two dates all three Dow Jones Averages -- Industrials ($INDU) , Transports ($TRAN) and Utilities ($UTIL) -- closed at simultaneous historic highs. To me, a fellow steeped in Dow Theory for over half a century, this was like a clap of thunder... My take on the situation is that the stock market (and the Dow Theory) told us that an unprecedented world boom lies ahead."<
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hmmmm where have i heard this before.....
Started by
da_cheif
, May 09 2007 09:38 AM
2 replies to this topic
#1
da_cheif
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#2
NAV
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Posted 09 May 2007 - 09:59 AM
I wonder why still folks give attention to Prechter, Russel et al. When was Russel right the last time ?- during 70s. When was Prechter right the last time ? - during 80s.
#3
Tor
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Posted 09 May 2007 - 12:41 PM
I wonder why still folks give attention to Prechter, Russel et al. When was Russel right the last time ?- during 70s. When was Prechter right the last time ? - during 80s.
yea the image of these people is like a shadow..........larger than life.
no gurus in the markets.
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
