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Through all hardships there is a lesson to be learned.

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Robert Prechter

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

Perfect, Trying, Traders, System, Destroy, Good
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There's nothing wrong with cash. It gives you time to think.

Thinking, Giving, Cash, Nothing, Time

The Nixonization of Obama has started. The Hooverization comes next.

Next, Obama, Nixonization, Hooverization

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

Agency, Invented, Magic, Man, Men, Opposites

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.

Dollars, Happened, Ignorant, Instance, Morally, Thinking

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

Patterns, Wave, Seen, Elliott, Unfold
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