Robert Prechter is actually a very optimistic person.
He has had a very interesting life and is incredibly successful.
His Socioeconomics is very, very interesting.
Just because we are bearish doesn't mean we are pessimistic.
I am personally very optimistic.
As to his trades, I don't follow them.
I noticed one of your tips VPG is down close to 40%.
Everyone gets some trades wrong.
I do know that Prechter generally backs his judgement.
If he went 200% short he probably made out like bandit in recent months.
It may have been scary as the market went higher but I would be interested to know if he held his position or was stopped out.
Some one could probably find out and let us know.
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Robert Prechter is actually a very optimistic person.He has had...
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