Blaming “Market Manipulators” For Losses is a Huge Obstacle to Success
To win, you must accept the fact that losses are part of the game.
April 14, 2010
By Editorial Staff
In 1984, Elliott Wave International’s founder and president Robert Prechter won the U.S. Trading Championship, setting a new all-time profit record of 444.4% in a monitored real-money options account in 4 months. In the average 4-month contest, [...]
Gold: Best Supporting Role In Economic Downturns? Think Again
Gold’s safe-haven status is based on hype, not history
March 9, 2010
By Nico Isaac
As I sat down to watch the Oscar pre-show on Sunday night, March 7, one word was repeatedly used to describe the celebrity starlets and their designer duds: GOLD. Gold bustiers and gold lame skirts, shiny gun-metal dresses and glittery sequined gowns all [...]
EWI – What Chinese Malls Tell Us about the Economic Reality
February 22, 2010
By Editorial Staff
Investor expectations are decidely bullish right now, and many people expect an economic turnaround this year. What do the underlying economic conditions suggest? The Chinese mall “The Place” demonstrates the contrast between investor hope and economic reality.
The following is an excerpt from the February issue of Global Market Perspective. For a [...]
The Government Doesn’t Want You to Read This Article About the Financial Crisis
Editor’s Note: This article has been excerpted from a free issue of Robert Prechter’s monthly market letter, The Elliott Wave Theorist.
The full 10-page market letter, Be One of the Few The Government Hasn’t Fooled, can be downloaded free from Elliott Wave International.
By Robert Prechter, CMT
“Who Will Benefit From The Housing Act?”
This question is an actual [...]