Parachutes vs. Pillows: Why Diversification Doesn't WorkPrechter and Kendall's "All the Same Market" Analysis Shows how Diversification Can't Protect You from Correlated Risk December 22, 2010By Elliott Wave InternationalA dear friend of mine wants to celebrate an important health milestone by going skydiving with friends. She feels happy and healthy and excited. She wants to do something very thrilling...
