Yes I did, I'm just curious about what others think, when it comes to the so called pros exemplifying shoddy performance.
by Quality Control
(Los Angeles )
As an institution for learning and the presentation of information concerning the Elliott Wave Principle Robert Prechter and Elliott Wave International is second to none. But has anyone noticed how wrong they've been concerning the Dollar index, the Eur/Usd currency pair and the DOW over the past 6 months.
They continue to charge money and provide extremely poor and inaccurate market analysis! Even if the Dow and Eur/Usd goes down and the U.S. Dollar index goes up as they've been touting since mid June of 2010 a case can be made that they've said it for so long it was bound to happen eventually!
Four months ago a smiling Robert Prechter himself in one of his services (The Elliott Wave Theorist Oct 12th, 2010) specifically stated, "The only bullish chart in the financial pantheon is that for the U.S. Dollar. Investors should avoid everything else. Traders should stay short the S&P and sell short the euro. If you are a speculator who joined us after January 2010 and are not already short the stock market, use this opportunity to take A MAXIMUM LEVERAGED SHORT POSITION'. If you want to take a flyer shorting precious metals or certain commodities, our Metals and Commodities Special Services track these markets daily."
It seems the Elliott Wave guru's have lost their touch !? And they continue parroting the same 'one day it will happen and until then were not sorry even though you deserved better', unapologetic and unrepentant use of the sensationalist language and misleading verbiage they continuously use in their analysis as if their conclusions are imminent! There should be a malpractice law for poor substandard consistently inaccurate investment advice from licensed professionals.
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