Wednesday, August 4, 2010

The Ten Year Slope

"One of the most interesting things about the coming decline will be its initial slide down the slope of hope. The past ten years have seen an unprecedented sustaining of optimism in the face of deteriorating financial market and monetary conditions and a deteriorating economy. Even though the market is about to begin its greatest decline ever, the era of hope is not quite finished."
Robert Prechter, Elliott Wave International

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