How do you choose one lesson from a basic tutorial that is chock-full of excellent information about Elliott wave analysis? You use a time-honored method to end up with “how to use the chaneling technique with impulse waves.”
Market Myths Exposed: Inflation Is Not A Threat, Deflation Is
April 9, 2010 by Leave a Comment
Most people are confident they can recognize a myth when they hear one: Wearing a hat causes baldness; eating a bunch of carrots gives you perfect vision; ‘light’ cigarettes are better for your health than the regular kind. But what about this sentence: Inflation is the number one threat to the US economy? Myth? You betcha.
Your Cheatin’ Chart Will Tell On You
March 30, 2010 by Leave a Comment
Hank Williams may not have known about Elliott waves, but he did know when a story doesn’t add up. Such is the case with the nominal rise of the Dow Jones Industrials from 2000 to 2007. In the language of country music, this stock index has a “Cheatin’ Chart” — it doesn’t tell the real story.
Bob Prechter Reveals the Most Dangerous Gold & Silver Myths
March 23, 2010 by Leave a Comment
Right now, the gold BULL-ion bandwagon is more crowded than a New York subway train during rush hour. But before you squeeze your way into the crowd of passengers, you should know one thing: Those steering the course are using outdated maps based on ill-conceived notions and illusory hopes.
What To Do With Your Pension Plan
March 16, 2010 by Leave a Comment
There is no question that Robert Prechter’s Conquer the Crash foresaw and explained nearly every chapter of today’s financial crisis, years before it happened. Enjoy your 8 free chapters from the book with this free Club EWI report; here’s an excerpt from chapter 23, “What To Do With Your Pension Plan.” Note especially the last two paragraphs.
Learn Elliott Wave Analysis — Free
March 5, 2010 by Leave a Comment
Successful market timing depends upon learning the patterns of crowd behavior. By anticipating the crowd, you can avoid becoming a part of it. The Wave Principle is not primarily a forecasting tool; it is a detailed description of how markets behave. The progression of mass emotions from pessimism to optimism and back again tends to follow a similar path each time around.
What Does NOT Move Markets? Examining 8 Claims of Market Efficiency
March 2, 2010 by Leave a Comment
Economists love to talk about exogenous shocks — events outside of the financial system that cause markets to move. But what if it’s just talk and not real at all?
Surviving Deflation: First, Understand It
February 26, 2010 by Leave a Comment
Deflation is more than just “falling prices.” Robert Prechter explains why. The following article is an excerpt from Elliott Wave International’s free Club EWI resource, “The Guide to Understanding Deflation. Robert Prechter’s Most Important Writings on Deflation.” The Primary Precondition of Deflation Deflation requires a precondition: a major societal buildup in the extension of credit. […]
Same Day. Same Event. Same Market. Different Story!
February 23, 2010 by Leave a Comment
Elliott wave analysts sometimes hear the criticism that patterns in market charts can be “open to interpretation.” Does that happen? Absolutely. (Although, there are tools an Elliottician can always employ to firm up the wave count.) But here’s the real question: What’s the alternative? Here’s Bob Prechter’s take on it.
