Monthly Archives: January 2014

Why A Market Crash Now Will Surprise Most Investors and Advisors

Have you ever seen…a cloud of flying midges…hovering apparently motionless in a sunbeam? Well, did you ever see the whole flight–each mite apparently preserving its distance from all others– suddenly move, say three feet? Well, what made them do that? But, … Continue reading

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On Market Advice

The gods perceive what lies in the future, and mortals, what occurs in the present, but wise men apprehend what is imminent. —Philostratus, Life of Apollonius of Tyana, VIII, 7 As a young broker during the late sixties, I followed … Continue reading

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Readallaboutit!

Prechter: “Can you believe those articles?” Me: “No, I can’t. We’ve seen enough of them at the various tops, but it’s always a total frickin’ surprise to me.” The subject of the exchange between Bob Prechter and me this morning was … Continue reading

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A Serious Time Compression At Hand

…Multiple signals are not evidence of ineffectiveness; they convey a higher degree message. …The longer that bearish factors remain in place, the greater is their ultimate import. —Robert Prechter, At the Crest (1995) In the rarest of market events, market cycles … Continue reading

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