04/09/2009 – Prechter Stands Alone Again… He’s Done the Math

So Bob Prechter is bearish again.
That may be no surprise to some, but recall that Prechter was about the only bull on February 23 of this year when he
covered the short position he had recommended on July 17, 2007. That was nearly two years later and 800 points lower in
the S&P. And the Daily Sentiment Index (DSI) reading for the S&P had gotten down to only 3% bulls!

Neil Beers has a bachelors degrees in political science and philosophy, and a masters in classical languages. His broad range of study and focus on ancient and modern thought led him to Elliott Wave International to research and write about the Wave Principle, Socionomics, and human social behavior.

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