Category: Elliott Wave Theory
The news items published under this category are as follows.
Saturday, August 30, 2008
Trading the Stock Market and Commodities With Elliott Wave Theory / Stock-Markets / Elliott Wave Theory
By: Dominick
Readers who've joined and finally understand what we do at TTC, and how we do it, often tell me they used to see these updates every week but just couldn't believe we were actually making in real time all the trades they contained. It seemed too implausible that week after week we'd find easy trades in various markets and buy tops and sell bottoms with such frequency.Read full article... Read full article...
Wednesday, August 20, 2008
Economic Critical Juncture Towards a Generational Depression / Stock-Markets / Elliott Wave Theory
By: Eric_Chevrette
One more time, we have to reassess the LONG time EW scheme in USA in order to view the currently IMMINENT market developments under the proper perspective at worldwide level. No one needs to repeat that the current global crisis is a bank and credit driven one where the US housing bubble has been the appointed match to ignite the fire. But no one should either keep a blind eye on how DEEP the current credit crisis REALLY IS : as you can see with charts #1 to 5 , it is a crisis of GENERATIONAL size and depth where the peak in October 2007 is the door to that generational crisis. With the BKX index (US banking sector) reaching below 50 in July 2008, we have all EW evidence ( chart #1 ) that the rise from 2003 to 2007 was the final “wave 5” of a FULL cycle of “banking expansion” which did start in USA in 1984 and peak 23 years later in 2007.Read full article... Read full article...
Thursday, July 17, 2008
Commodity Market Forecasts for Soft's, Agricultural's and Livestock / Commodities / Elliott Wave Theory
By: Nadeem_Walayat
We're excited to announce that our friends at Elliott Wave International have made available to our readership a FreeWeek of expert
commodity
forecasting services until noon Wednesday,
July 23.
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Sunday, June 08, 2008
Stock Market Boom or Bust? / Stock-Markets / Elliott Wave Theory
By: Joseph_Russo
Two Sides to Every Argument: From an Elliott Wave perspective, one can argue with good cause, that the Dow Jones Industrials are en-route toward retesting the depths of their 2002 bear market lows. The magnification of weekly closes from the October 2007 top, display a textbook series of impulsive declines at three degrees of trend. Case closed:
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Monday, May 19, 2008
Dow Transports Hitting New All-time Highs / Stock-Markets / Elliott Wave Theory
By: Joseph_Russo
Before we begin our look at the roaring Transportation average, we would like to return your attention to our previous week's article entitled “ Spring-Break ”. Last week's piece did a fine job of calling a precise short–term tradable low in the Dow.
Below we re-present the chart from last week's article. Within that article, previous guidance suggested, “For select traders, proprietary criteria also provided another exit or potentially early reversal signal near the close at 12734.” The follow-up chart illustrates how the reversal signal turned out to be a rather precise one, and by no means early.
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Monday, April 21, 2008
Commodities Bull Market: Crude Oil, Natural Gas and CRB Elliott Wave Analysis / Commodities / Elliott Wave Theory
By: Eric_Chevrette
Tears For Food: Just the onset of a multi-year rising tide of "Food Riots". You may remember chart #4 (given here as chart #1 ) from “Hell's bells in stereo sound” published on April 13………
What GEW had to say back then (just a week ago) : “After blue wave 1 was 0.5 “points” from 2.25 to 2.75, you shouldn't be surprised to pay $ 3.2 for a gallon of gas in a very near future (0.5*1,6=0.8 then 2.5+0.8=3.2) ; of course gas prices are going to increase all around the world while the acceleration of the slide of the US $ is going to be of little comfort to world consumers. Meanwhile $ 3.2 is a “joke” as good as $ 100 with oil prices.”………….
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Saturday, April 19, 2008
Stock Market Trading Amid Travesty- Facts are Stubborn Things Part III / Stock-Markets / Elliott Wave Theory
By: Joseph_Russo
Addressing the Cause and Effect of the Credit Crisis- Facts are Stubborn Things Part I
Central Banks' in Tatters- Facts are Stubborn Things Part II
Nothing new under the sun comes to mind when pondering whether financial markets are truly free. Beyond all related conjecture, it remains a stubborn fact that markets have always behaved in a way to perplex the majority of participants.
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Thursday, April 17, 2008
Stock Markets Headed Higher Into Summer / Stock-Markets / Elliott Wave Theory
By: David_Petch
So far the HUI turn date of Monday April 13thish was a few days late, but appears to be on course. The XOI and USD index also are playing out according to their respective Elliott Wave patterns. Analysis below discusses what to expect in the S&P over the course of the next few months. One side note, we have implemented all charts on our site going forward to be HTML coded so that a much larger version is available at the click of a mouse. Read full article... Read full article...
Sunday, April 13, 2008
Hell's Bells In Stereo Sound For the World Stock and Financial Market Bears / Stock-Markets / Elliott Wave Theory
By: Eric_Chevrette
Though my previous article was mainly dealing with oil, it was nevertheless also stating how obvious and clear a new bull market with common stocks is now at worldwide level. But I forgot to give the detailed technical explanations about the right way to use EW_MS in the current situation. This is important as EW_MS will most likely some day become THE ultimate TRUE way to apply efficiently the waves discovered by R.N. Elliott in the 20 th century.Read full article... Read full article...
Friday, March 21, 2008
EW Doomsday: Fresh New Highs For Stock Market DJTA / Stock-Markets / Elliott Wave Theory
By: Eric_Chevrette
As in my previous article, I won't bother you with a long exposé and will make my point with just a few well chosen charts.
If you have never before been into the living heart of a true “wave 3” then it is what you WILL experience in the very next days with global US indexes. Here is the updated chart from my previous article just a few days ago.
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Sunday, February 24, 2008
Stock Market Update: Know When to Hold ‘Em / Stock-Markets / Elliott Wave Theory
By: Dominick
This continues to be a trader's market, no doubt about it. When it takes three months for the market to swing a hundred points in any one direction, but you can get 30 points in an hour, this is clearly not time to buy and hold.
The problem for many, though, is that they simply don't know how to trade short time frames and most subscription services don't specialize in real time analysis. Not so with TTC! Read on to see how we traded this past Friday and what it really means to be unbiased in this topsy-turvy market.
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Sunday, February 24, 2008
Oil and Gold Inflation Assets Hit New All-Time Highs / Commodities / Elliott Wave Theory
By: Robert_McHugh_PhD
This week saw both Gold and Oil hit new all-time highs. Gold rose to $958.40 on Thursday, February 21 st . Oil rose to $100.86 on Wednesday, February 20th . Silver also busted out higher, hitting $18.19 Friday, February 22 nd . In the face of deflating housing prices, stock prices, and high risk credit assets, gold, silver, and oil are flying high. What is going on? Read full article... Read full article...
Sunday, February 17, 2008
Stock Market Update: Blemishes on the Bears' Elliott Wave Count / Stock-Markets / Elliott Wave Theory
By: Dominick
Another week is now history and the bear case is looking worse for it. Not that the market can't go down from here, but if it does, it won't be the impulsive 3 rd wave for which so many have been waiting and waiting and waiting.Read full article... Read full article...
Sunday, February 03, 2008
Stock Markets Cleanse House of Speculative Positions / Stock-Markets / Elliott Wave Theory
By: Joseph_Russo
Free-Market Dynamics vs. Statist Intervention In this particular round (likely the start of the 15 th ), one may assume that at present, the round is even on points. Free Market Dynamics have scored in breaching some minor structural under-pinning's of the artificially-engineered perennial Bull - and the Statists have scored in response - thus far placing a perceived “floor” against the free markets natural propensity to adequately cleanse abuse and excess.Read full article... Read full article...
Sunday, January 27, 2008
Plunge Protection Team Orchestrating a Stock Market Bottom? / Stock-Markets / Elliott Wave Theory
By: Joseph_Russo
A Work in Progress
Well, it is blatantly obvious that the (PPT) plunge protection team, presidents working group – or whatever they call themselves - found it necessary to intervene in the free-market in attempt to orchestrate a bottom.
Where are these guys when markets are a boiling-pot of unsustainable parabolic animal spirit? We suspect during such episodes, they are patting themselves on the back for planting the seeds for such bullish orgies
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Wednesday, January 23, 2008
Financial Market Forecasts - Elliott Wave International Free Week Access is LIVE! / Stock-Markets / Elliott Wave Theory
By: Nadeem_Walayat
Now Live ! - Access to Elliott Wave Internationals Premium Financial Markets, Commodities Forecasting Services
(No Strings Attached!)
From Wednesday, January 23 at noon (EST) to Wednesday, January 30 at noon (EST), The Market Oracle visitors can read the latest short, intermediate and long-term market analysis for FREE, from the world's largest market forecasting firm.
Monday, December 31, 2007
Stock Market Trading 2008 - Resolved Price Interpretation / Stock-Markets / Elliott Wave Theory
By: Joseph_Russo
"Who is the judge? The judge is God... Why is He God? Because He decides who wins or loses, not my opponent ... Who is your opponent? He does not exist.... Why doesn't he exist? Because he is a mere dissenting voice of the truth I speak."
The above quote comes from the film “The Great Debaters” directed by Denzel Washington. The Great Debaters was inspired by Wiley College, a traditionally African-American school in Marshall, Texas, with Melvin Tolson, its iconic debate coach.
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Sunday, December 30, 2007
Stock Market Forecasts 2008 - FTSE, DAX and SPASX200 / Stock-Markets / Elliott Wave Theory
By: Robert_McHugh_PhD
The Australia SPASX 200 fell 11.00 points, or 0.17 percent, to 6,339.90 as of Friday, December 28th, 2007. Volume was 47 percent of its 10 day average. Downside volume led at 65 percent, with declining issues at 57 percent, with downside points at 51 percent in mixed trading. Demand Power fell 4 points to 400, while Supply Pressure fell 3 points to 420 , telling us neither side had strong conviction about the trend. Supply Pressure rose sharply above Demand Power Monday, December 17th, triggering an enter short positions signal, and remains there Friday. Read full article... Read full article...
Sunday, December 30, 2007
Stock Market Update: Work Ethic of an Unbiased Trader / Stock-Markets / Elliott Wave Theory
By: Dominick
I hope you had an enjoyable, restful holiday week. But, if you're like me you've been looking forward to the end of these shortened weeks and can't wait to get back to some heavy volume trading! Friday's close left the immediate term outlook very muddled with many different patterns still viable, but as usual we're content to show up day after day to trade whatever the market offers. All the ambiguity of the current setup means is that anyone who now says they know exactly what will happen next is probably wrong!Read full article... Read full article...
Monday, December 17, 2007
EWI view on the FTSE, Interest Rates and the Super SIV Subprime Rescue Fund / Stock-Markets / Elliott Wave Theory
By: EWI
Hey, Buddy, Can You Spare a Dime for the SIV Superfund? 12/7/2007 2:33:58 PM " Strange to see that Wall Street, which had no trouble raising money before the subprime mess and the ensuing credit crunch, is now scraping for 'spare change.' Here's why the superfund is a good idea for a few people but a bad idea in general. Read MoreRead full article... Read full article...
Sunday, December 16, 2007
Stock Market Update: Stop the Insanity! / Stock-Markets / Elliott Wave Theory
By: Dominick
After a rollercoaster week, the S&P closed Friday on the lows of the week with a head and shoulders pattern looming in the 15-minute and hourly charts. Monday morning will have to decide if this bearish pattern gets played out, but it's also up against our bullish setup, so only the trader prepared for either outcome is truly prepared!Read full article... Read full article...
Tuesday, November 13, 2007
EW DOOMSDAY: The Wrong Rodeo in the Eyes of Stock Market Black Monday Players Expectations / Stock-Markets / Elliott Wave Theory
By: Eric_Chevrette
As you know, some if not most EW experts make a reputation if not good business while consistently trying and calling 5 wave tops of various degrees with more or less success. As to me, understanding that EW is basically discounting a collective psychological behaviour of the human species which is based on the repetition of fatal errors brought about by GREED (what is a wave 5 if not pure greed doomed to be punished & erased after the correction dips BELOW the previous wave 4? ) is making me aware of the MORE useful application of EW when it comes to pick a bottom. Read full article... Read full article...
Monday, November 12, 2007
The Trading Game - 150+ Years of Grand Super Cycle Advance is Still Alive and Well / Stock-Markets / Elliott Wave Theory
By: Joseph_Russo
Classic Elliott Wave Theory implies that there are nine degrees of trend that drive the broad based indices.
The trend that most are concerned with is the long-term or Primary Trend.
Read full article... Read full article...
Wednesday, November 07, 2007
EW DOOMSDAY: Black Monday Syndrome - Stock Market Players Gasping In Vain For Fresh Air / Stock-Markets / Elliott Wave Theory
By: Eric_Chevrette
Though I don't really care for dates nor events and characters because shapes are more relevant to a safe long & medium term strategy in the field of money management as they reveal the path followed by the collective mind which is absorbing any individual will into its stream (this being a fact, no matter if you are a President, a CEO or just an average employee in a local shop round the corner) , I must confess that my attention was lately drawn to the “Black Monday” syndrome after I came across some articles published online about this issue. Read full article... Read full article...
Friday, November 02, 2007
Sharp Drop in Stock Markets - A Mere Correction or Reversal? / Stock-Markets / Elliott Wave Theory
By: Anthony_Cherniawski
From its closing high peak on October 9, 2007 , the Dow Jones Industrials spent 8 days in decline and 8 days in a corrective rally. Assuming the up-trend from August to October may be over for now, where may the market go from here?Read full article... Read full article...
Monday, October 22, 2007
Market Myths Exposed - Free Video Series to Market Oracle Site Visitors / Stock-Markets / Elliott Wave Theory
By: EWI
I am happy to tell you about a brand new 3-part video series that should help you understand the financial markets.
The video series is called Market Myths Exposed. Here's the release schedule:
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Monday, October 22, 2007
EW DOOMSDAY: Stock Market Falls - What the IMF & US Authorities Want to Know / Stock-Markets / Elliott Wave Theory
By: Eric_Chevrette
As most if not all people now only care for price levels after the US stock markets fell heavily last Friday, October 19, it might the RIGHT time to look elsewhere for GOOD reasons WHY you will enjoy NEW highs pretty soon with any stock index in the world.
As I also previously said in another article, another good reason why I can't talk too much into details about stock market charts and EW counts is that I am currently trading the stock market with customers, so it is impossible for me to disclose for free what some people pay me for. Anyway you will get some other charts here which I hope will convince you that the Mother of all bull markets is still alive despite the current NOZRM dip (NOZRM = not out of the road map) .
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Saturday, October 13, 2007
McHugh's London FTSE 100 Index , German DAX, and Australia Stock Market Forecasts / Stock-Markets / Elliott Wave Theory
By: Robert_McHugh_PhD
The London FTSE, German DAX, and Australia's SPASX200 are all approaching a top. The FTSE looks to be finishing a wave b-up inside a wave a-down, b-up, c-down for a correction of the recent multiyear Bull market. It is completing a Rising Bearish Wedged for wave b-up. Prices have exceeded the upper Bolling Band, two standard deviations above its 20 day moving average. It has also reached the 10 day average of each day's highs. These are normally places where tops occur. The same is true of the German DAX. Read full article... Read full article...
Friday, October 12, 2007
EW DOOMSDAY: Dow Jones 400 Target Facing The Mother Of All Bull Markets / Stock-Markets / Elliott Wave Theory
By: Eric_Chevrette
It's already some time since I published my article about “DJIA 400” losing its glory at light speed where I had announced “a flight of 10 nails to DJIA 400” as my next article, so you may be surprised to get a different title today. Don't worry, the “flight of 10 nails” is still there for you right below:Read full article... Read full article...
Thursday, October 11, 2007
Gold and Silver Short Term Forecast - Ending Diagonal Patterns / Commodities / Elliott Wave Theory
By: Dan_Stinson
The price action for Gold and Silver appears as possible ending diagonal patterns, indicating that a sharp pullback is possible. We were also following ending diagonal patterns for the DOW and SPX, which completed on Oct 11th (today). When ending diagonals complete they are followed by a sharp decline to the starting point of the pattern. The starting point is at the wave (4) low on the Gold and Silver charts below.Read full article... Read full article...
Sunday, September 30, 2007
UK FTSE 100 and Germany's DAX Index - Elliott Wave Stock Market Analysis / Stock-Markets / Elliott Wave Theory
By: Robert_McHugh_PhD
Both major stock markets are completing tops , and are about to start multi-week declines.
The London FTSE topped in July, 2007, and since has been tracing out the first two legs of an a- down, b -up, c- down Intermediate degree wave 2 decline. Wave b- up has retraced about 73.6 percent of the decline from July into August. That wave should complete soon. Then a strong decline, wave c- down should begin. A Fibonacci .786 retrace of wave a- down would take the FTSE up as high as 6,554.
Read full article... Read full article...
Tuesday, September 25, 2007
EW Doomsday: A Flight of 10 Nails to the Dow Jones 400 Target / Stock-Markets / Elliott Wave Theory
By: Eric_Chevrette
Well, according to some comments I got, it seems my article of yesterday is making a few of you a little nervous, and I'm getting “accused” of “talking nonsense” especially when I mention the probability of a “light speed” bull.
So here comes my chart of the day to make some of you MORE nervous ….
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Monday, September 24, 2007
Elliott Wave Doomsday: Dow Jones 400 Target Losing Its Glory At Light Speed / Stock-Markets / Elliott Wave Theory
By: Eric_Chevrette
The wave pattern presented with chart #4 in my previous article at http://www.marketoracle.co.uk/Article2146.html is fully validated by the action since last week: a major wave 3 is now in force. No need of big words. Please have a look.
The wave development makes now sure that new highs will be reached shortly around the 1600 area for the SNP500 (more computations can easily be made for other global indexes) and this will be a new light green wave 1 according to the LONG TERM pattern shown with chart #8 in my other article at http://www.marketoracle.co.uk/Article1960.html
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Sunday, September 16, 2007
Bullish Precious Metals, Crude Oil, and Gold Stocks / Commodities / Elliott Wave Theory
By: Robert_McHugh_PhD
As the Fed hyperinflates, sacrificing the Dollar to bail out a deteriorating economy, precious metals and Gold stocks are benefiting. Gold and the HUI are close to bullish breakouts.
Gold finished the Minor degree wave 3 of Intermediate degree 1 up on May 12th at $730.40. Gold 's Minor degree wave 4 is a Symmetrical Triangle , which is a consolidation pattern of the Minor degree wave 3 rally that started back in 2001 and extended into the May 12th, 2006 top. Waves a through e within wave 4 are complete. A break above $730 would confirm that the triangle is complete, and wave 5 up is underway, and would be a “buy” signal. We came close to that level this past week.
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Sunday, September 16, 2007
EW Doomsday : S&P500 Stock Market Index to Rise To 1600 Within 2 Months / Stock-Markets / Elliott Wave Theory
By: Eric_Chevrette
Though I have given in my previous article (for further references click here) a broad view upon China and the US stock markets over the long haul, I feel necessary to show how life can be VERY easy on a daily and weekly basis if you know how to make the genuine spirit of the waves work as your best friend: it is fine to get the BIG picture into the right “wave frame” BUT it is EVEN BETTER to get a fair idea about the medium term within the “big frame” which is the purpose of this article ; this is best to be shown with the US stock markets where the current subprime debt market crisis is going to be “forgotten “ as fast as it flashed inside your mind . Read full article... Read full article...
Sunday, September 16, 2007
Stock Market Update: Trader's Best Friend / Stock-Markets / Elliott Wave Theory
By: Dominick
If last week kicked off the top of the ninth, then you could say we definitely saw some base hits and some runners advancing this week. You may have noticed we basically got a mirror image of the previous five days, finding a bottom on Monday and closing Friday near the highs. But, unless you're already a member of TTC , you probably didn't buy that Monday low. If you were like many, chances are you figured the bottom had dropped out after that employment number, that it was another 1987, or maybe we were about to get hit with another 9/11.Read full article... Read full article...
Saturday, September 15, 2007
Using Elliott Wave Theory to Forecast the Financial Markets / InvestorEducation / Elliott Wave Theory
By: EWI
In the 1930s, Ralph Nelson Elliott , a corporate accountant by profession, studied price movements in the financial markets and observed that certain patterns repeat themselves. He offered proof of his discovery by making astonishingly accurate stock market forecasts. What appears random and unrelated, Elliott said, will actually trace out a recognizable pattern once you learn what to look for. Elliott called his discovery "The Elliott Wave Principle," and its implications were huge. He had identified the common link that drives the trends in human affairs, from financial markets to fashion, from politics to popular culture.Read full article... Read full article...
Friday, September 14, 2007
Free September Issue of Elliott Wave International's Monthly Futures Junctures During September 07 Free Week Only / Stock-Markets / Elliott Wave Theory
By: Sarah_Jones
Elliott Wave International, the world's largest market forecasting firm, has just made available for FREE their current September issue of Monthly Futures Junctures publication. Read full article... Read full article...
Thursday, September 13, 2007
Free Access to Premium Elliott Wave Commodity Forecasting Resources / Commodities / Elliott Wave Theory
By: Sarah_Jones
We have great news from our friends at Elliott Wave International (EWI) … a FreeWeek of EWI's Commodity Forecasts is live until Wednesday, September 19 at noon EDT!
If you've participated in one of their FreeWeeks before, you know what to expect. If this is your first time, you're in for quite a treat!
Read full article... Read full article...
Wednesday, August 29, 2007
Global Stock Market Forecasts - Shanghai Index 30,000, Gold $5000 and DJIA 17,000 / Stock-Markets / Elliott Wave Theory
By: Eric_Chevrette
Elliott Wave Principle Worldwide Applied August 2007 - Since pure chance gave me the opportunity to translate into French “Elliott Wave Principle” from B. Prechter in 1989 after graduating in International Affairs in 1984 from the ESCP (Ecole Supérieure de Commerce de Paris, which was ranked 6 th best business school in Europe by the Financial Times in 2006) , my life could obviously no longer be the same.
Indeed being French means that you are raised in an educational system which is since the Age of Enlightenment and the French Revolution regarding science and rationality as the most positive ways to put the logical mind at work to build the best possible road towards progress for human society.
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Tuesday, August 28, 2007
Elliott Wave Analysis of the AMEX Gold BUGS Index / Commodities / Elliott Wave Theory
By: David_Petch
After publishing the HUI last week, I have had a number of questions about my count. Surprisingly, out of 50 emails received, some 20 were wondering how valid the count was if it was analyzed in semi-log format. Most of the work I do for constructing wave counts are based upon analysis on the weekly charts in semi-log format. The software that I use for displaying the Elliott Wave charts does not have a semi-log function, so I must display them in linear format. With all of the emails, the entire article from last week is presented to hopefully subdue any queries (and my email box) anyone may have. Read full article... Read full article...
Sunday, August 12, 2007
Stock Market Elliott Wave Analysis : Intermediate Top Spotting / Stock-Markets / Elliott Wave Theory
By: Dominick
With volatility, illiquidity, and uncertainty roiling equity markets this week, we tuned out the pundits, removed bias, and traded the charts as they evolved and presented the set ups we identified over the weekend. Last Friday, as “Cramerica” was capitulating, we were looking for a tradable bottom, barring some sort of meltdown. To this effect, last weekend's update said:
“From here, Dom acknowledges that the bears must see Thursday's high as an abc for wave 2, making Friday's selling a wave 3, but this is a low probability setup. Dom's working count has this leg ending soon, but also critical levels where this count has to be abandoned. Remember, price levels are the key to trading here, not unconfirmed counts.”
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Saturday, July 28, 2007
Real Estate Trends Forecasting Online Course Using Elliott Wave Theory / Housing-Market / Elliott Wave Theory
By: Sarah_Jones
The Research Company that Predicted Current Real Estate Woes in 2005 Unveils New Online Course on Real Estate Trends
Elliott Wave International, the world's largest market forecasting firm, has just released it's much-anticipated online investment course on real estate trends, entitled Learn to Anticipate Real Estate Trends – For Buyers, Builders, Bankers and Brokers .
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Saturday, July 14, 2007
Stock Market Update: Profit is the Only Real Portfolio Protection / Stock-Markets / Elliott Wave Theory
By: Dominick
Even the most casual market observers will have noticed Thursday's record-breaking explosion in stocks and Friday's new all-time highs in the S&P 500, but how many of them bought the bottom? And I don't mean piling into the momentum and squeezed out a profit. How many expected the move into the low and bought the gap down on Wednesday? My guess is that, even among all the professional traders and retail investors, the number who really did is very low.Read full article... Read full article...
Saturday, June 30, 2007
Erratic Range-bound Trading - Financial Markets Outlook / Stock-Markets / Elliott Wave Theory
By: Joseph_Russo
As the financial sphere and all of its participants scramble to position themselves on the proper side of the next big move, the “house” goes about doing what it does best. Particularly over shorter periods of erratic range-bound trade, “the house,” (any consolidating broad-based index) becomes most intent upon confusing as many participants as possible.
Amid such chaos, the marketplace (by design) will efficiently assimilate a fair portion of the majority's active trading capital in what is for most traders, a rather frustrating price-discovery process. Perhaps this chronic frustration is origin to a denial-based allusion that “the market is always right.” We also ponder if such mechanics are a suitably alternate way in which to perceive the “efficient market hypothesis.”
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Saturday, June 23, 2007
Whispers of Instability in the Financial Markets / Stock-Markets / Elliott Wave Theory
By: Joseph_Russo
There is little doubt that maturing institutionalized paradigms, which foster mounting imbalances of epic proportion, persist in the invisibly slow and torturous erosion across the fabric of collective cultural unity. When mounting imbalances inevitably turn unstable, one may surmise that dwindling unity and collectivism will be reserved for smaller and smaller cultural segments, and eventually dispersed amongst only the most vital of forces who feed upon it - namely the minority of embedded institutions who are most enriched by such deeply layered maladies.Read full article... Read full article...
Monday, June 18, 2007
Financial Market Forecasts - Runaway BULL? / Stock-Markets / Elliott Wave Theory
By: Joseph_Russo
Coming off a highly erratic two-week period, with certain indices revisiting old territory, and others moving into uncharted waters, one must conclude that the financial sphere is obviously a bit insecure here.
Is a runaway bull upon us, or is this a last thrash of erratic house cleaning by the shopkeepers? In due course, we shall know whether this bull has legs, or if it is a mere fish-out-of-water – in the throws of its last rally spasms toward sheer exhaustion.
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