Robert Prechter: Bear Market for Stocks Isn’t Over
December 08 — The stock-market drop that began in 2007 hasn’t yet run its course, despite the fact that the Standard & Poor’s 500 Index has rebounded 88 percent from its March 2009 low, says stock guru Robert Prechter.
The founder of Elliott Wave International compares the current environment to the 1929-33 period. Back then, the nation’s biggest commercial banks sought to stop the stock market’s drop. Read more.
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