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Saturday, November 7, 2009

Superbear Robert Prechter: Dollar ready for big surge

As we said yesterday, all the cool, bearish folks are dollar bulls now. Elliot Wave analyst Robert Prechter, who yesterday described the crash of 2008 as a "warm up," was on Tech Ticker explaining his belief that the dollar will surge.

TechTicker: Ever the contrarian, Prechter cited the heavy bearish sentiment on the dollar when he made similar predictions here in August.

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