As usual, Robert Prechter is really good at his thing and these interviews are very much worth watching.
A few quotes:
"We should be in for [another] week or two of pretty serious selling," Prechter says. "They'll be bounces along the way...but I think this should last a long time. We should be on schedule for a very, very long bear market period."
Prechter is less enthusiastic now that everyone is piling into the dollar. “The dollar is no longer a bargain,” he says. “I don’t think the bull market is over but I think the best of it for the time being is over.”He mentions that there could be a severe reaction against the dollar because everybody hates so much the Euro at this point. He's not buying the Euro though.
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