Robert Prechter Video Interview Bear Market And Risk-Off Trade

by Olivier on August 11, 2011

Video with Robert Prechter doing an interview on Bloomberg sharing his view on the current situation in the markets. The essence of his thinking is really:

We are now in a RISK-OFF market environment.

Needless to say this supports my assumption we have mostly likely entered a new bear market. The jury is still out but keep in mind the mind-set of investors and traders has now most likely switched to risk-off vs. risk-on. Act accordingly. Enjoy the video!

Hat tip to David Shvartsman for the following quote:

If you don’t read the newspaper, you’re uninformed. If you read the newspaper, you’re misinformed. – Mark Twain

My public list with all my charts can be viewed here:

Buenas noches!

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