no more Efficient Market Hypothesis

Efficient Market Hypothesis: R.I.P.

Of all the belief systems of Wall Street, few can claim the devoted following of the Efficient Market Hypothesis, the idea that stock prices adhere to the same laws of supply-and-demand that govern retail products. Once coined the theoretical “Parthenon” of economics, this notion has consistently endured the test of time —– [...]

How Close to the Bottom ??

The Bear Market and Depression: How Close to the Bottom?

July 12, 2010
by Elliott Wave International
While many people spend time yearning for the financial markets to turn back up, a rare few have looked back in time to compare historical markets with the current situation – and then delivered a clear-eyed view of the future informed by [...]

Long Decline Ahead : 20 Questions with Robert Prechter

20 Questions with Robert Prechter: Long Decline Ahead

July 2, 2010

By Elliott Wave International
The following article is an excerpt from Elliott Wave International’s
free report, 20
Questions With Deflationist Robert Prechter. It has been
adapted from Prechter’s June 19 appearance on Jim Puplava’s
Financial Sense Newshour.
Jim Puplava: I want to come back to government
spending, but first I want [...]

Big Bear Markets

There are many more things that need to be done by the prudent person during a Bear Market .. not just getting out of Long (Up) positions.

Bank Reform Will Shrink Credit and Kill the Economy

Yahoo Finance Video 3:

The Senate version of financial regulation is bad for business on Wall Street and, according to the Wall Street Journal, could cut the profits of major financial institutions by roughly 20%. Find out why Robert Prechter thinks it’s also bad for the economy in the third excerpt from Robert Prechter’s May 20 [...]

Robert Prechter and his current thoughts

Prechter on Yahoo! Finance: “Even $1 Trillion Can’t Save the Euro, But Gold is No Safe Haven”
The euro’s recent loss has been the dollar’s gain, which means that it’s not the best time to buy the U.S. dollar. Meanwhile, the most popular alternative to currencies, gold, isn’t such a good buy either. Watch the second [...]

Bigger Than A ‘10% Correction’?

Bigger Than A ‘10% Correction’?
Every Big Bear Grew From a Cub
May 26, 2010
By Elliott Wave International
The famous “10% correction” that market pundits talk about sounds so nice and tidy, so predictable and tolerable. It’s as if this “cute little correction” came neatly wrapped, looked like an M&M candy character, and smiled at you and your [...]

Stunning Long-Term Elliott Wave Picture

Prechter Describes The “Stunning Long-Term Elliott Wave Picture”

May 12, 2010
By Robert Folsom, Elliott Wave International
Please join me to consider a time in the stock market that lasted just under three years: [...]

a FREE Elliott Wave Theorist issue

Dear reader,
“A Deadly Bearish Big Picture”
That’s the headline Robert Prechter gave to his just-published Elliott Wave Theorist. [...]

“A Deadly Bearish Big Picture”

That’s the headline Bob Prechter gave to his just-published Elliott Wave Theorist.
Headlines are usually about what happened already, but Prechter’s headline is about what happens next. It goes beyond providing information. Yes, he wants you to see what he sees — but Prechter’s purpose is to provide you with a forecast so that you’ll be [...]

Do you still believe in the FED ??

You Still Believe The Fed Can Stop Deflation?
Recent history proves that the Fed’s “control” is just an illusion.
by Editorial Staff
Think back to the fall of 2007. The deflationary “liquidity crunch” that over the next year-and-a-half cuts the DJIA in half, decimates commodities, real estate and world markets is only starting. Almost no one believes that [...]

Fibonacci Techniques

Fibonacci Techniques for Math Geeks — and Everyone Else, Too
March 29, 2010
by Editorial Staff
The word Fibonacci (pronounced fib-oh-notch-ee) can draw either [...]

States Are Broke and Approaching Insolvency

Take Time from March Madness for 2010’s Most Important Investment Report
March 19, 2010
by Editorial Staff
You got your brackets filled out before the NCAA Men’s Basketball Tournament’s opening game on Thursday afternoon. Good — now sit back and enjoy the games. But if you’re looking for a good read during the numerous [...]

What to do with your Pension Plan

What To Do With Your Pension Plan
Enjoy your 8 free chapters from Prechter’s Conquer the Crash — the book that foresaw what others have missed.
by Editorial Staff
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 [...]

Gold is Good ??

Gold: Best Supporting Role In Economic Downturns? Think Again
Gold’s safe-haven status is based on hype, not history
by Nico Isaac
Everywhere you look, from the Red Carpet to Wall Street, gold is definitely in “fashion.” As for why, one word comes to mind: safe-haven. See, according to the mainstream financial experts, the more unstable the global economy, [...]

This Free Report Helps You Improve Your Trading With Objective Method

You’ve heard the common trading advice: “Successful traders know how to control their emotions, instead of being controlled by their emotions.” I bet you’re thinking easier said than done, huh? As a trader, you’re bombarded with countless possibilities that can make decisive action a stressful hire wire act.  It’s no wonder your emotions [...]

FREE Elliott Wave Analysis

Learn Elliott Wave Analysis — Free
Often, basics is all you need to know.
by the Editorial Staff
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 [...]

Use Bar Chart Patterns To Spot Trade Setups

How a 3-in-1 chart formation in cotton foresaw the January selloff
February 26, 2010
by Nico Isaac
For Elliott Wave International’s chief commodity analyst Jeffrey Kennedy, the single most important thing for a trader to have is STYLE– and no, we’re not talking business casual versus sporty chic. Trading “style,” as in any of the following: [...]

Market Movers

What Does NOT Move Markets? Examining 8 Claims of Market Efficiency
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? Read more.

the Same but Different

Same Day. Same Event. Same Market. Different Story!
“There is no group more subjective than conventional analysts.” — Robert Prechter.
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 [...]