Robert Prechter recently turned bearish again after having nailed the March bottom in stocks (as well as the previous decline). He currently sees increasing risks of a rise in the dollar and a subsequent decline in stocks.
Readers of TPC get access to his must read free Deflation Guide here (and no, this is not spam, but a genuine attempt to give you a useful free guide):
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.