Elliot Wave predicts triple-digit Dow Peter Brimelow - MarketWatch
Good 'ol Robert Prechter! Pretty impressive statistical returns..though not of the "OH MY GOSH" type, they are still beating the markets. The conclusion is classic Prechter:
There will be a short-term rally at some point, thinks Prechter, but it will be a trap: "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."
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