There was a time I felt almost apologetic about having the EWI banners, links and articles posted on the blog and website. After all, Prechter was so wrong for so long, wasn't he? Well, the bear market that began in 2000 never was interrupted by a supposed cyclical bull. Why else would I have been harping on the Dow-Gold ratio throughout all those years? The 'inflation' bull was an illusion, plain and simple and Prechter was right, but in not initially accounting for the effects of inflation he was also wrong.But that does not diminish his overall work and again, I count 'Conquer the Crash' as one of my big time motivators toward financial sanity. As you may remember, a 45% 3 month discount to EWI's premium services was offered here on the blog. I for one took advantage (and yes, I had to pay up) because, as I mentioned at the time, these few months looked to be very important in reckoning the life span of the deflation impulse and its transition to a coming inflation problem.
A half hour ago I got the latest EW Theorist, hot off the press. Any readers who are also signed up, you know why I am making a big deal about this. I cannot go into detail because for no other reason, it would be improper for me to divulge information that I pay for and is not freely accessible. I only gave it a fast skim and will read it slowly tonight. But Prechter is bringing the goods and making me proud to display EWI's stuff. The guy is not a contrary indicator, nor will he allow himself to become one. I am also surprised as to how in alignment we are in viewpoints, not that I would compare myself to Prechter. I am just a blogger with a subscription service after all. ;-)
After seeing this Theorist in particular, I am going to come right out and highly recommend EWI, whether it is for just the monthly Theorist, or the bundle along with monthly Financial Forecast and three times weekly Short Term Update. You can click the EWI banner in this post to check out EWI or click the big banner at the top of the page to join Club EWI. If you do sign up for premium services, of which I recommend the Theorist at the least, I think I will make a commission if you use that little text link. I know I will make one if you enter the site through the banner.
Anyway, this is not just a pitch. I really do value the Theorist and increasingly Hochberg's Short Term Update. And I believe Prechter is going to be very right for a long time because he is showing me something here with regard to his thoughts on trading, real money and risk management. This is not some canned ad promo. It just came out of me after seeing the latest Theorist.
