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techcharter

06/27/04 10:04 PM

#949 RE: techcharter #948

Socionomics: (F-9/11)

It would not surprise me if Prechter make a comment similar to this in the coming weeks in his ELLIOT WAVE THEORIST newsletter. Prechter did comment on the PASSION OF THE CHRIST earlier this year.


It's not the content of F-9/11 that has larger social implications, its the fact that a independent documentary film was the most popular this weekend. This signals a society that is in a major trend change. This is a break with the established players in the movie business. Financially, a break with established investing strategies will take place. Society will lose its bullishness and sell stocks/bonds.

The movie did not cause this trend change. It is just one of several signs of the degree and direction of society's mood.