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@alpinismutilitar3886

Жыл бұрын

Yardini Margin debt deflated!

The video presentation was made on 10/21/2021 while posted on 04/03/2023, almost 18 months apart.

Update a video with charts that aren't 2 or 3 yrs old. Something from 2023.

Great video. Kudos to Prechter. But this from 2021, how about posting one from the present!

SPX was 4544 when this video was made. Top out less than 90 days later in Jan of 2022. It has not exceed that high since.

@jbestradaperspective

5 ай бұрын

SPX is at 4768🎉😂

amazing that there is so much optimism.

Top, thank you Sir!

That's the vibe I'm getting

An update would be welcome.

The market was so overvalued and had risen pretty much vertically. It doesnt take a genius to predict that a market will correct in proportion to its advance ( which it did). But the Dow has rallied since it came off and now looks likely to take out the previous high. I studied EWT for 3 years and have no doubt that it is flawed. The problem with Prechter and his deciples is that they always try to call key tops and bottoms, but always have a "get out of jail" alternative count. I actually attended an EWT conference in Atlanta in October 1994 and Prechter started his address to informing the assembled that we had all recently witnessed a super - cycle high of the US stock market at 3985 on the Dow! He received a standing ovation - please.... These dudes are the worst - they remember the good trades and forget the ( many ) bad ones1

bob is awesome

Brilliant as always Mr. Prechter today is your day for fulfillment! August 2, the most perilous day in history (read the books)

I feel that a lot of these graphs you could have said the same thing anytime from 2012-2022. But I agree with your conclusion, just not so sure about many of the graphs as supporting evidence.

Robert, how about a brief update? It's 2 25 2024 now.

A "Stock market top for the ages" since August 1987. I used to receive his EV newsletter, then.

@wuasilekerpici7812

Жыл бұрын

Is their newsletter worth paying for?

@noobahoi

Жыл бұрын

@@wuasilekerpici7812 Yes, definitely.

@CarlosGunX

Жыл бұрын

@@wuasilekerpici7812 Bob was on fire in the 1980's, but his 1987 call of a deep crash never materialized, the October 19 crash recovered and has lead to a massive bull market. Since 1987 Bob has stayed on the wrong side of the market, re-appearing on every correction, like we are having, now.

@noobahoi

Жыл бұрын

@@CarlosGunX The start of a Grand Supercycle bear market wave 4 is difficult to forecast. Anyway, this looks like the big bear market in the making.

@CarlosGunX

Жыл бұрын

@@noobahoi Agree. But over 40 years forecasting wave 4 (since 1987), is a long time.

Ages probably means a year! SPX is now higher than when the the video was made

Is this 2021, I was thinking 2023😅😅😅

This video was from 2021. How long can the bubble keep inflating?

@felicitymabudusha4761

Жыл бұрын

Chk your positions carefully!

@noobahoi

Жыл бұрын

The bubble stopped inflating a year ago. There were no new DJIA tops since then. Now we have a bear market. Further declines will continue in a few days/weeks.

@felicitymabudusha4761

Жыл бұрын

@@noobahoi OK! 😀 I didn't see that coming. How many days or weeks are you referring to?

@noobahoi

Жыл бұрын

@@felicitymabudusha4761 They did hold back my longer answer. Yes, we have a so-called bull trap or bear market for around 8 months. Also called a sucker's market. ;-) That will end the next weeks. I'm not sure when exactly because it depends on the herding behavior of the investors. I am almost certain that we will have lower prices in the summer all together.

Posting an old video for click bait..?

Thank you Legend this bubble is way too inflated a long term bear market should happen soon maybe not now but latest 2030's

It seems Winter is coming

Prechtor does admit when hes wrong. He even said in another video around this time that this one was made, where he said hyperinflation may be a possibility, which elliot wave would go out the window. I dont think prechtor or people that practice ewt ever thought the government would have such a grip on markets.

Thanks Robert... but isn't it DIFFERNT this time? lol

2000 should have been named as "COVID FED" Peak

Maybe one leg more of upside, the European and Asian markets will migrate to USA and then we will ATH then the lows of decades

Even a known Pandemic was dismissed till we actually had a death on our soil. The disinflation cycle is over, a 40 year cycle. All bets are using disinflation to prop up all asset classes. One trillion dollar bet on disinflation was already lost. We can't handle inflation without a major disruption. The current rebound can get as high as the prior top but unlikely to exceed that before another CRASH! Fed Funds unanimous assumption is no higher than 5.75%. When we hit 6% the street might already see a crash.

He's been saying this every year for the last 25 years, so there's no need to worry guys.