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Clearly it is Criss Angel in a bear costume levitating over a creek while doing the moonwalk. Also, Prechter would say Prechter-Bashing is a sign of a turn in the market. He was vehement in calling the turn this week in Theorist. He is not afraid to put his reputation on the line. His call of the top last year was right on. We'll see. That said, I share your frustration at his premature calls of downturns. EWT is not typically a leading indicator. Their strength is defining an ongoing trend.
Toggle Commented Oct 23, 2009 on We May Have Just Topped at Planet Yelnick