Strategies - Robert Prechter’s Market Forecast Says ‘Take Cover’ - NYTimes.com

Strategies - Robert Prechter’s Market Forecast Says ‘Take Cover’ - NYTimes.com: "For a rough parallel, he said, go all the way back to England and the collapse of the South Sea Bubble in 1720, a crash that deterred people “from buying stocks for 100 years,” he said. This time, he said, “If I’m right, it will be such a shock that people will be telling their grandkids many years from now, ‘Don’t touch stocks.’ ”"