Robert Prechter knows that he has amassed one of the worst market forecasting track records in U.S. history.
See The Embarrassing Track Record Of Robert Prechter (Part 1)
I guess he figures that if he makes a huge call and sticks with it that by the time it happens, most people who suffered from all of his previous horrendous calls with have forgotten or died.
Unfortunately for Prechter, even he won't live to see his Dow below 1000 prediction materialize; even if he lives for several decades from today.
Apparently, Prechter has gotten so much hate mail that he has decided to send one of his stooges to fill in for him.
Watch, as Mike Stathis sets the record straight and teaches you about the dark art of criminal psychology as he destroys this stooge.
Forget Prechter and his clowns. Here are some examples of accurate market forecasting:
Market Guidance: Past, Present And Future (pre-newsletter, also see America's Financial Apocalypse)
A Lesson In Market Forecasting
Where Is The Stock Market Headed?
We Pin-Pointed The Past Two Market Tops And Bottoms
We Predicted The Market Correction AGAIN
Mike Stathis' Near-Perfect Market Forecasting Record
Since The Market Lows, Only One Man Continues To Shine
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