Robert Prechter on Bloomberg: January was the Dow peak

Here's Robert Prechter's latest interview on Bloomberg TV available on YouTube. He predicts that we have seen the top on the Dow and that the current move is an echo. Wait & Pray: although I am short and have closed most of my longs now, it seems to me that this irrational exeburance might go on for some time... That said, as I'm typing these, markets are highly overbought, and it seems like the 7th up day in a row. Will we have another up Monday?

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