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One Response to “Tuesday Headlines: Willis Tower to Blackstone”
Certainly wise to have an open mind, but the reason Prechter was 5 years early in canllig for the bear market to begin was that the 5th wave extended. He didn’t account for that when he should have considering the size of the top that was building. Then it extended into 2007 with a divergence between the DOW and the COMP/NDX. There is a pattern on the DOW I am watching that is extremely bearish long term, and that is a megaphone top. this would allow one more all-time high.
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