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(Video 1 of 3) Prechter on Yahoo! Finance: "On Schedule for a Very, Very Long Bear Market"
Robert Prechter's May 20, 2010 interview with Yahoo! Finance, Part 1 of 3
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By Alexandra Lienhard
Fri, 21 May 2010 15:30:00 ET |
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Robert Prechter discussed the recent global sell-off that has sent all major U.S. averages 10% below their 2010 highs with Yahoo! Finance Tech Ticker host Aaron Task on May 20, 2010. Prechter says that the current climate shows that "we're in a wave of recognition" where the fundamentals are catching up to the technicals and that it's time to prepare for a "long way down." Watch the video excerpt below then take two minutes to sign up for your free resource -- more market insight from Robert Prechter's desk.
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Be sure to watch Prechter's other interviews on Tech Ticker from May 20:
(Video 2 of 3) Prechter on Yahoo! Finance: Gold is No Haven
(Video 3 of 3) Prechter on Yahoo! Finance: Bank Reform Will Shrink Credit, Kill the Economy
Tags: Robert Prechter, market crash