Read it and watch video at Yahoo Finance
Don't get too comfortable with the relatively flat markets of 2011, there's a big storm coming our way. This is the view of Robert Prechter, founder and president of Elliott Wave International. In the attached video Prechter compares the current phase of the market to the late stages of the 1929 - 1933 period in U.S. history; a time marked by extreme volatility eventually ending in tears.
Market Is Reliving Late Stages of 1930′s Depression: Bob Prechter
by Jeff Macke
The meat is in the video.
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