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The Last Time The Market Looked Like This Was Right Before The '87 Crash

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posted on Aug, 11 2010 @ 09:09 PM
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So...time to panic?

Thing is that this market has been crazy and based on PPT money and ponzi accounting from most corporations since March 2009.

So this market is kinda something new... so I doubt his Elliot Wave theory would apply here.

Prechter: The Last Time The Market Looked Like This Was Right Before The '87 Crash

There's a video at the link.




posted on Aug, 11 2010 @ 10:11 PM
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It's about time! The dark hats have dragged it out as long as they can, I can't see this dragging out to November.

September's gonna be a real interesting month. Hopefully earlier.



posted on Aug, 11 2010 @ 10:18 PM
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Yes this has been known for a long time.

If you look the biggest crashes in history there is a crash then 2 years later the real crash.

Hello September 2010. Anyone with an ounce of brain matter is/has restructured their investments by now.



posted on Aug, 11 2010 @ 11:15 PM
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well the market did crash in 87, black friday is it reffered to as? but it dd bounce back eventually. it didnt totally collapse. i think thats what most are wating to hear/see is the DOW so low below the wall street lines, earth's core will look like its elevated*



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