Bob Prechter Anticpates a Crash

Comment by BullBearGirl on November 1, 2009 at 10:33am

Marc Faber believes there may be only a 20% correction in the markets based on his belief that Congress will institute another stimulus package when the S&P gets down to the 800 to 950 range. Only time will tell.

Comment by Steven Vincent on November 1, 2009 at 12:10pm

I'll be looking at how the market acts when and if it gets to the 200 EMA and how the NDX acts when and if it tests its bear market trend breakout.

Comment by BullBearGirl on November 2, 2009 at 3:07am

Great - that's why I appreciate your blog so much.

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