Robert Prechter famous quotes

There's nothing wrong with cash. It gives you time to think.
-- Robert Prechter

#Thinking #Giving #Cash

The Nixonization of Obama has started. The Hooverization comes next.
-- Robert Prechter

#Next

I have never seen a market unfold in other than an Elliott Wave pattern.
-- Robert Prechter

#Patterns #Wave

I cannot morally blame all Americans for allowing, for instance, the birth of the Federal Reserve System and the money destruction that has followed. They are simply ignorant about it and don’t know what happened or what is happening. They think that prices go up rather than that dollars go down.
-- Robert Prechter

#Thinking #Ignorant #Dollars

Traders take a good system and destroy it by trying to make it into a perfect system.
-- Robert Prechter

#Perfect #Trying #Traders

Government does not have magic powers. In fact, the opposite is true; it is the least effective agency invented by man.
-- Robert Prechter

#Men #Agency #Opposites

The target for a retracement following a fifth wave often is doubly indicated by the end of the preceding fourth wave and the 382 retracement point.
-- Robert Prechter

#Often Is #Target #Wave

The correct method for tracking the stock market is to use semilogarithmic chart paper, since the market's history is sensibly related only on a percentage basis. The investor is concerned with percentage gain or loss, not the number of points traveled in a market average. Arithmetic scale is quite acceptable for tracking hourly waves. Channeling techniques work acceptably well on arithmetic scale with shorter term moves.
-- Robert Prechter

#Moving #Loss #Average

From the starch-heavy 'food pyramid' to ethanol fuel, the government adopts programs not because they are right but because they gains votes, money or political power or solve problems that politics has already created, such as silos full of subsidized wheat or a shortage of gasoline due to the maze of controls on refining.
-- Robert Prechter

#Government #Pyramids #Political

Goodbye, my almost lover. Goodbye, my hopeless dream. I'm trying not to think about you, can't you just let me be? So long, my luckless romance, my back is turned on you. Should've known you'd bring me heartache. Almost lovers always do.

Americans think the only funny Brits are John Cleese, Benny Hill and whoever makes our toothpaste. They're not laughing with us, they are laughing at us.

Here is Edward Bear, coming downstairs now, bump, bump, bump, on the back of his head, behind Christopher Robin. It is, as far as he knows, the only way of coming downstairs, but sometimes he feels that there really is another way, if only he could stop bumping for a moment and think of it. And then he feels that perhaps there isn't.

I think I feel rather differently about sympathy to what seems the normal view. I like just to feel it is there, but not always expressed.

I love it when the Bible gives Emily Post-like tips that are both wise and easy to follow.

To gain profit is important, but you must invest to build up assets that you can cash in in the future.

I'll carry on, carry over, carry forward, Cary Grant, cash and carry, carry me back to Old Virginia, I'll even 'hari-kari' if you show me how, but I will not carry a gun!

We can guarantee cash benefits as far out and at whatever size you like, but we cannot guarantee their purchasing power.

And they just saw me on that and - from the time I was 11 until I was 12, I guess. And then when I had just turned 13, they asked me if I wanted to tour with Johnny Cash back East.

One more thing. I sold the mustang. Too conspicuous. Don't get too excited, but I bought you a little something with the extra cash. I heard you've had your eye on a Volkswagen. The owner is dropping it by tomorrow. I paid for a full tank of gas, so make sure she delivers.