An earlier poster said "USA DJIA stocks are collapsing in a grand Elliott Wave A-B-C wave which began in Oct. 2007 at 14000 and will (in our opinion) be complete in Oct. 2009 at 7000 on the DJIA."
Whoops. Looks like that was pretty wrong. The "Elliot Wave" nonsense is just that -- nonsense. You can always find ups and downs on a graph if you look hard enough. I'm glad it only took one market day to disprove this bunk.
Witnessing the Biggest Transfer of Wealth in History [View article]
I've used this site for research into legitimate investment opportunities. After reading this piece of conspiracy-mongering, I'm no longer sure that I can trust anything I read on SeekingAlpha. I'm embarassed to have ever relied on a site that published this kind of tinfoil-hat nonsense.
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Whoops. Looks like that was pretty wrong. The "Elliot Wave" nonsense is just that -- nonsense. You can always find ups and downs on a graph if you look hard enough. I'm glad it only took one market day to disprove this bunk.
Witnessing the Biggest Transfer of Wealth in History [View article]