Doom Almanac July 4 in doom history

July4

July 4: a fine day for making predictions

Nothing was due today, but on this date in 2010, somebody went on the record.

On this day in doom history

1 item · 1 prediction
  1. 201016th anniversary
    Said on this day

    Elliott Wave Forecaster: Dow Headed 'Well Below 1,000.' It Headed for 20,000 Instead.

    In July 2010 Robert Prechter told the New York Times the Dow would likely sink below 1,000 within five or six years, amid depression and deflation. In January 2017 it closed above 20,000.

    The Dow Will Fall Well Below 1,000 · Robert Prechter, Elliott Wave International (interviewed by The New York Times)

    Deadline set: five or six years from July 2010 (mid-2015 to mid-2016) · status: Busted

    The clock started ticking here.

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