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No one realizes this more profoundly than does Bob Prechter. If anything, market analysis of IS the study of history: sentiment, price trends, bull and bear patterns, Fibonacci ratios (and more) all have a role in using the past to inform the present and future. Charts boil this history down to its essence and present it on a graph. In the hands of the right person charts tell a powerful story indeed. When Bob Prechter speaks in public, he literally shows his audience the facts before he explains what they mean....Read More
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How to See & Hear Bob Prechter on 'The Biggest Financial Crisis Ever' 2/15/2008 5:33:01 PM " I'm sure that some folks get through life just fine without knowing much about the who-where-when of history. Yet there is an activity in which the ignorance of history comes at a very high (and quite literal) cost: namely, the financial markets.
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