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by
Vadim Pokhlebkin
5/30/2008 4:00:00 PM
"A Chartered Financial Analyst was my houseguest several years ago, and I brought him to work with me at Elliott Wave International one day. He was an investment banker in New York and must never have had any association with technical traders before me, because he laughed when I introduced him to the Wave Principle. I also thought the whole area of technical analysis was silly – when I first encountered it. But now, I have seen patterns play out as expected so many times that I take their development very seriously – and you should, too."
Filed Under:
european stocks, French President Nicholas Sarkozy, technical analysis, german DAX
Category:
European Markets
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by
Vadim Pokhlebkin
3/28/2008 5:15:00 PM
These are confusing times for European investors. Stocks are down across Europe, and the EU's economic fundamentals are spotty. However, in March the British FTSE 100 and the German DAX, Europe's two leading stock indexes, rallied above their January 2008 support levels. Plus, there have been other important technical developments in European stocks over the past few weeks, too...
Filed Under:
British FTSE 100, german DAX, Relative Strength Index (RSI), schatz, breadth, Martin Armstrong
Category:
European Markets
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The Mania Chronicles
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With 700 pages and a large, 8-1/2" x 11" format, it's only a "book" in name. In fact, it's an encyclopedic reference that covers every twist and turn of the rise and (initial) fall of the historic financial bubble - all observed and anticipated in real time via The Elliott Wave Financial Forecast and The Elliott Wave Theorist. |
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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.
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