With the market action during the last few weeks, many investors have been operating in panic mode; subscribers to Robert Prechter’s Elliott Wave Theorist haven’t. Why?
Because they were prepared. Elliott Wave International prepared them for the 2007-2009 crisis, and they did it again. In fact, in the calm of Aug. 18, Bob wrote a sharp critique of the U.S. stock market in his newest Elliott Wave Theorist, in which he said to expect market “pandemonium.” (His commentary was published the following day.)
“as shown in this issue, time and price factors call for an immediate end to this dream state. When the alarm goes off and the dreamers awake, it will be pandemonium in the stock market. As the next few charts show, time and price have run out of room. Together, these time and price events seem finally to have cleared the way for a stunning decline in US stock prices.”
That’s just a taste of what Bob predicted in this critical issue. You need to see the rest for yourself, and now you can.
Our friends at EWI have given us permission to share Bob’s FULL August issue of TheTheorist. Free. Read all 10 pages and see all 15 charts!