Prechter on Yahoo! Finance: "On Schedule for a Very, Very Long Bear Market"
Robert Prechter discussed the recent global sell-off that has sent all major
U.S. averages 10% below their 2010 highs with Yahoo! Finance Tech Ticker host
Aaron Task on May 20, 2010. Prechter says that the current climate shows that "we're
in a wave of recognition" where the fundamentals are catching up to the
technicals and that it's time to prepare for a "long way down."
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Based upon Mr. Prechter's expert analysis, things look bleak for the stock market. So, what can you do to protect your portfolio, and even generate profits in such a trading environment? We've put together a list of bear market options trading strategies that you can use to hedge current stock positions, as well as create income and capital gains in your portfolio.
About the Publisher, Elliott Wave International:
Founded in 1979 by Robert R. Prechter Jr., Elliott Wave International (EWI) is the world's largest market forecasting firm. Its staff of full-time analysts provides 24-hour-a-day market analysis to institutional and private investors around the world.
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