 |
|
by
Nico Isaac
9/17/2008 5:00:00 PM
The Dow Jones Industrial Average is down some 800 points over the past three days (Sept. 15-17). Monday alone was its sixth steepest drop EVER, at 504 points. How does the recent sell off in stocks fit into the big picture AND does that picture contain the etchings of a wee cub, or a mature adult?
Filed Under:
dow jones industrial average, Dow, Stocks, carnage, Lehman, bailout
Category:
Stocks
|
|
by
Jim Martens, Senior Currency Strategist
9/17/2008 4:30:00 AM
Have forex traders lost confidence in the idea that the U.S. was ahead of the rest of the world in regard to bad news – and now it’s leading the way back, away from the edge of recession? Or have they lost faith in the way the U.S. does business? And if it’s the latter, does it mean they have lost faith in the capitalist way of life? And what could that mean for the U.S. dollar? Here are some thoughts from Elliott Wave International’s Senior Currency Strategist
Filed Under:
Lehman, Merrill Lynch, u.s. automakers, currency trading, forex, u.s. dollar, euro, capitalism
Category:
Currencies
|
|
by
Editorial Staff
9/12/2008 3:00:00 PM
Now, with the Dow in decline and the current problems with Fannie Mae, Freddie Mac, and Lehman on the front pages, more people may want to know exactly what Bob Prechter has forecast for the U.S. economy.
Filed Under:
Fannie Mae, Lehman, great depression, 1929, U.S. economy, crash, Bear market, South Sea Bubble
Category:
Classic Prechter
|
|
|
|
Watch Bob Prechter's interview on CNBC Wednesday, Nov. 4. Bob discusses the current juncture, Conquer the Crash II and more.
 |
Announcing EWI's New eBook ...
|
 In this exciting new 45-page eBook, Jeffrey Kennedy shows you – using fresh, real-life market examples – how you can use simple, yet powerful, chart reading techniques to improve your trading.
Download your copy today!
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
The Elliott Wave Principle is a detailed description of how financial markets behave. The description reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific Elliott wave patterns in price movements. Each pattern has implications regarding the position of the market within its overall progression, past, present and future. The purpose of Elliott Wave International’s market-oriented publications is to outline the progress of markets in terms of the Wave Principle and to educate interested parties in the successful application of the Wave Principle. While a course of conduct regarding investments can be formulated from such application of the Wave Principle, at no time will Elliott Wave International make specific recommendations for any specific person, and at no time may a reader, caller or viewer be justified in inferring that any such advice is intended. Investing carries risk of losses, and trading futures or options is especially risky because these instruments are highly leveraged, and traders can lose more than their initial margin funds. Information provided by Elliott Wave International is expressed in good faith, but it is not guaranteed. The market service that never makes mistakes does not exist. Long-term success trading or investing in the markets demands recognition of the fact that error and uncertainty are part of any effort to assess future probabilities. Please ask your broker or your advisor to explain all risks to you before making any trading and investing decisions.
|
|
|
|
|
|
|
|