http://www.elliottwave.com/s.asp?url=/&cn=yt Watch Robert Prechter on Bloomberg TV on the 20th anniversary of the 1987 stock market crash predict what is unfolding before our eyes today. An uncannily accurate forecast from the man that forecast the 1987 stock market crash. Why would anyone think that the Fed’s actions have any influence whatsoever on the trend in the stock market? The Fed has similarly cut the discount rate twice in recent months, and on all occasions (Sept. 18, Oct. 31, Jan …
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