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Robert Prechter’s Report: 2010

Elliott Wave International is offering a free report on Robert Prechter’s outlook for 2010.  Here’s what they have to say--essentially, permabear Prechter did not turn into a bull last March; he’s a still a bear, and now the hibernation is over. – Ilene

Robert Prechter’s Report: 2010

NYSE Columns


Recall the prevailing investor sentiment from this time last year …

U.S. stocks had been in strong decline for more than a year. Some of the most celebrated bulls had turned into bears, and the few bears that did exist before the downturn had become even more bearish. The Daily Sentiment Index for the S&P registered an astonishing 3 percent bulls — virtually no one was betting on the upside — and the bleakest of forecasts for 2009 called for nothing short of financial apocalypse.

But well-known contrarian analyst Robert Prechter took the opposite side of the trade. Prechter, a long-time bear, emerged as a bullish voice among overwhelming bearishness:

"The market is compressed, and when it finds a bottom and rallies, it will be sharp and scary for anyone who is short."

In the following days, the mainstream media reported that "perma-bear" Robert Prechter had turned bullish — the reports were only half true. Prechter had, in fact, turned intermediate-term bullish, but he stopped short of recommending average investors to jump back in. Why?

Prechter saw something on the horizon that the shortsighted mainstream market watchers did not, which brings me to the untold portion of this story …

In Prechter’s eyes, the bear market is far from over, and what he expects to happen after the current rally ends is significantly important to how you position your portfolio now.

Download "The Most Important Investment Report You’ll Read in 2010." Inside, Prechter reveals his big-picture outlook for U.S. stocks and the U.S. economy. He examines the government’s unprecedented involvement in the financial markets and private enterprise.

Learn more about and download the free 13-page Most Important Report for 2010 now.

 


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Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!