Sunday, June 27, 2010

The Slope of Hope

"Even though the market is about to begin its greatest decline ever, the era of hope is not quite finished.  For as long as another year and a half, there will be rallies, fixes, hopes and reasons to believe in recovery.  Our name for this phase of the bear market is the 'Slope of Hope'."
Robert Prechter, June 2010

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