Oops ! and Ouch ! — Neely and Prechter's 'tops'

[Wallace]

"Neely called the top in Jun [for 5th time]. Oops. He seems to have lost his confidence since.
Prechter first called the top in Aug and then went double short a couple of months ago. Ouch."
http://yelnick.typepad.com/yelnick/2010/01/predicting-the-end-of-the-hope-rally.html

 

[maxpi]

OMG, Prechter still gets coverage!!! Prechter is proof that there is dumb money!!

Prechter missed the whole rally of the 90's... Prechter predicted the end of western civilization for 1995 and was still selling the book in 1996! Prechter has hardly ever been right, ever.. talk about an Academic... but his name still pops up like whack-a-mole!!!!!!!!

Pundits suck!!