EWI is Johnny on the Spot (Bobby on the Spot?) with a free issue of Prechter's most recent Elliott Wave Theorist (dated April 16) out today directly after the market tankage. I have not read it but sure plan to before markets open tomorrow.
Go get it. Sign up for the free Club EWI if you have not and read it. And I assure you that EWI is not a spammy kind of thing. Not at all. In fact, this is not a pitch. I earn a commish on any EWI sign ups through this link (free blog and all). But all I am telling you to do is go get the Theorist. The rest is up to you.
I am not a true deflationist after all; just a guy who has been patiently awaiting the impulse for many months.
Here is the pitch in EWI's own words:
"A Deadly Bearish Big Picture"
That's the headline Robert Prechter gave to his just-published Elliott Wave Theorist. You can read that entire 10-page issue right now -- for FREE!
Continue reading to learn more or get it now.
Headlines are usually about what happened already, but Prechter's headline is about what happens next. It goes beyond providing information. Yes, he wants you to see what he sees -- but Prechter's purpose is to provide you with a forecast so that you'll be prepared.
So please consider the top headline once again.
If you've read any of Prechter's books or heard him in an interview, you know that overstatement is not his style. When he says the "Big Picture" is "Deadly Bearish," that is exactly what he means.
This issue of the Theorist shows the depth of Prechter's recent research into what that "Big Picture" includes. The array of time cycles he explains is nothing short of amazing; each one is relevant to the how and when of what stock market prices will do from now until the year 2016.
And make no mistake, this April issue of The Elliott Wave Theorist fully recognizes the extraordinarily optimistic sentiment that now blankets the financial world. Truth is, the evidence is everywhere -- you just have to know where to look. Did you know that Time magazine quotes two professors who are telling 20- and 30-year-olds to use ALL their retirement savings to buy stocks on margin?
This is exactly the type of one-sided evidence that covered the financial world back in February of 2009 -- except, of course, the extreme then led to a "deadly bullish" conclusion. Yes, that was precisely the month when Bob Prechter's Elliott Wave Theorist told subscribers to expect the stock market to turn bullish.
Once again, find out why investors turn to EWI for a different perspective. It's better to be with it than without.