Description: WITH the stock market lurching again, plenty of investors are nervous, and some are downright bearish. Then thereâ€™s Robert Prechter, the market forecaster and social theorist, who is in another league entirely.
Questions for discussion:
- What do think of Elliott Wave Theory as a predictive tool?
- Summarize the key points made in this article.
- Given that Prechterâ€™s directions for investing have not outperformed the market, how should investors view his approach to technical analysis?
- In general, what is your view of technical analysis as a tool for guiding investing?Â