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Elliott Wave International Financial Forecasting Service Discount Offer

Stock-Markets / Elliott Wave Theory Jul 03, 2009 - 11:42 PM

By: EWI

Stock-Markets

Greetings,

Have you heard the news …

"Wall Street Returns to Health," a mainstream media website declared last week.


Please pardon us for being skeptical.

After all, the financial media plays like a broken record. Little more than two years ago, the markets were soaking in liquidity like it was going out of style – turns out it was! The media called it the "New Economy." Here around the EWI shop, we called it just another media oversight.

Suffice it to say that since then, the environment has changed dramatically (media excluded, unfortunately). More recently, a wave 2 rally has renewed "some of the zaniness of 1999 and 2007," just as The Elliott Wave Financial Forecast anticipated it would back in April.

But in Elliott terms, wave 2 is anything but good news; consider it a final warning of what's still to come: Wave 3 of 3 – the "point of recognition" – the most violent decline of this bear market yet.

Surviving the next wave down will be impossible for anyone who's sipped the mainstream media's "worst is over" Kool-Aid. Yet investors who keep their portfolios safe, snapping up opportunities as they arise, will be best prepared for the ultimate opportunities at the bottom.

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Elliott Wave International


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