Free 13-page Report: Robert Prechter's firm Elliott Wave International has just released its annual "Most Important Report of 2010." Inside, Prechter delivers hard facts, eye-opening charts and straightforward commentary to help you take advantage of the opportunities – and avoid the dangerous pitfalls – that you will face in 2010. You'll get analysis and forecasts you can act on, and you'll learn what the government's unprecedented involvement in the financial markets will mean for your portfolio in 2010 and beyond. Learn more and download your free report now..Prechter sees this as a bear market rally and notes that the market retraced the same amount (around 53%) as the 1929 stock market crash so far. He's definitely fading the consensus view that we continue higher with a minor correction along the way. As is said, history doesn't always repeat but it sometimes rhymes. If he's right, "motive" wave C could be right around the corner.
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