Wednesday, November 4, 2009

Bob Prechter’s Latest Thoughts…

Elliott Wave International’s Founder, Bob Prechter, reiterates his belief that the top is in, that the decline will be equal to or worse than the decline in 2008, and that the dollar faces a “year or two” of strong rally.

Of course he is selling his new book, so beware! Seriously though, if the decline is as sharp as he believes (which I do not doubt), then this country is in serious trouble as is our currency system. One thing I completely agree on, it’s time to buckle up.