Elliot Wave predicts triple-digit Dow Peter Brimelow. By Peter Brimelow, MarketWatch NEW YORK (MarketWatch) -- An investment letter that called the Crash of 2008 said that this would be a bad year -- and it now says it will get worse.
A whole generation of investors think that Robert Prechter and his Elliott Wave Theory letters, Elliott Wave Financial Forecasts and Elliott Wave Theorist, are permabears. And they've certainly seemed that way for the last decade -- although it should be noted that the stock market is now roughly back where it started. (See April 26, 2002 column.) But Prechter was very bullish after the 1974 low and, briefly, after being one of the very few services to make money in 2008. Stock Market, Investment, Finance, Money, Hoofy & Boo.
MarketWatch - Stock Market Quotes, Business News, Financial News. Futures Prices for E-Mini S&P 500.