Robert Prechter appeared on CNBC this afternoon and – gasp – he called for a market crash and a big rally in cash.
He’s always interesting (and in particular we liked his comment about looking for buying opportunities in a few years from now), but we really doubt this interview tanked the market, as some on CNBC suggested since, well, there’s really nothing surprising here. At all.
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See Also:
- Prechter: Gold To Fall 40% From Here
- Prechter: This Is It, The New Bear Market Has Begun
- Robert Prechter: It’s A Great Time To Get Out Of The Market