Robert Prechter raised DOW bottom from 400 to 2000. However, he is not sure whether it can be that low, or when. Just talking about possible head and shouders (which like an ah, everybody has got one), not prediction, not forecast, but be cautious, and better buying opportunities in the future......
http://finance.yahoo.com/tech-ticker/bob-prechter-my-charts-say-dow-may-plummet-to-2000-535437.html?tickers=^dji,IAU,HYG,PHB,JNK,^TNX,GLD
time to be v cautious ahead of fed meet tonite, page-5
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