Robert Prechter, New York Times best-selling author and renowned market analyst, was recently asked to present his thoughts on the real estate market and the financial crisis to the Georgia Legislature. The following article has been adapted from the transcript. Elliott Wave International has made the full presentation available free, including the full transcript and 30-minute online video.
By Robert Prechter, CMT
I'd like to try to answer a question: “Are we near a low in the stock decline?” Because in these times when stocks and real estate are declining together, they tend to bottom roughly together as well. So I want to take a minute and look at a valuation chart for the stock market.
So what will the Market Mastery Protege Program do for me?
When I consider a stock trading course, I want to make sure it has everything that a good trading method needs. I want to be independent, and not have to rely on my broker or any talking head on tv to tell me what to do with my money.
I got a chance for an early review of the Market Mastery Protege Program. I wanted to make sure it covered the minimum requirements for a good trading method.
Here is what I found in my Market Mastery Protege Program Review:
Before it became the worst credit crisis since the Great Depression, the credit crisis used to be an arcane topic discussed only in financial publications. Now, it’s on every computer, television screen, and front page of every newspaper in the world.
It may have you worried about what you can do to get through it with your personal finances still intact. What can you do about it?
World Wide Trading Survey by Successful Expert Trader
At the end of this post, there is a link to the worldwide Trading Survey that Bill Poulos (a 30+ year successful trading veteran) is conducting.
Serious Trader recently interviewed Bill in a series called Mistakes Traders Make, and he sent me parts of the actual press release that announced the survey.