Quote:
Originally Posted by maxxtro
Oh I know he has been wrong plenty. Like most of us 
I have the book that Frost and Prechter wrote.
I´m not sure, because I haven't read it in a while, but..he got the 1987 top right but he thought that was the "Grand supercycle"? And then he spent most of the 90`s trying to find the top again.
Either way I hope he is wrong about the gigantic top that he is always talking about. Because the outcome of that would be terrible for all of us 
Short-term analysis..I think he has people that do that for him, no? |
Yep, I'd say that is right on.
I will add that whether we have Schiff's version of straight to inflation / hyperinflation or Prechter's version of deflation first, then inflation / hyper-inflation, the times seem pretty ripe for a major event(s).
It's hard for me to imagine the Keynesian puppet masters getting us out of this one without one or both of the above consequences. It doesn't look good.