The Purge

Full Version: "...will usher in capitulation and finally despair"
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Who was the Elliot Wave follower here? Amins? Apparantly Elliot Wave theory says that the DOW will go below 1000 by 2016.

http://finance.yahoo.com/banking-budgeti...ow-in-2016

"The 7.25-year and 20-year cycles are both scheduled to top in 2012, suggesting that 2012 will mark the last vestiges of self-destructive hope. Then the final years of decline will usher in capitulation and finally despair."

Cheerful stuff. Smile
I think the Mayans predicted the coming stock market crash.