: the Grand Supercycle bear market has begun . Just bcasuee he didn’t write a book that year, or some folks here weren’t born yet, it doesn’t change the fact. Here’s the point: if the market extends 3400% beyond were it should , it’s likely you’re off by a degree of scale. That’s exactly what’s happened, yet all the newbie Elliotticians cling to some variation of Prechter’s original count .