Time to promote another free report from Elliott Wave International. In case your are wondering, I promote about 1 out of every 25 reports they make available. Why promote any? Because there is certain content that is good, certain content that is mundane, some insipid and some outstanding. It is this latter category, outstanding, that makes its way to my blog.
From EWI's description of this free report:
Prechter saw something on the horizon that the shortsighted mainstream market watchers did not, which brings me to the untold portion of this story …
In Prechter's eyes, the bear market is far from over, and what he expects to happen after the current rally ends is significantly important to how you position your portfolio now.
Prechter's firm, Elliott Wave International, is now offering for a limited time The Most Important Investment Report You'll Read in 2010. Inside, Prechter reveals his big-picture outlook for U.S. stocks and the U.S. economy. The eye-opening 13-page report, originally published for paying subscribers to his Elliott Wave Theorist, examines the government's unprecedented involvement in the financial markets and private enterprise. It reveals what's already taken place in candid detail then focuses you on what the government's measures will actually do for the U.S. financial markets and economy.
"Primary wave 3 (circle) down has started.....The implications of a complete Primary-degree bear market rally are major. It means that Primary wave 3 (circle) is starting, which should be the strongest down portion of the bear market to date, stronger than the decline that unfolded throughout 2008 and into the first few months of 2009."