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Fill in the Blanks: An Important Lesson from Robert Prechter

by Editorial Staff
11/12/2008 1:30:00 PM

The following is a short lesson in socionomics directly excerpted from Robert Prechter's just-published November 2008 Elliott Wave Theorist.

Filed Under: socionomics, politics
Category: Classic Prechter


Russia: The Bear Growls
Signals from social mood

by Alan Hall
7/25/2008 3:45:00 PM

Today, the Russian RTSI Index took its biggest hit since January 21. It is now down almost 22% from its May 19 high. The surly social mood is steadily worsening, much as we predicted in our November 2007 Global Market Perspective Special Report, Sizing up a Superpower: A Socionomic Study of Russia. The report begins like this: “Our long-term Elliott wave count for the Russian stock market indicates that a major top is imminent.”

Filed Under: socionomics, social mood, Stocks, Russia, xenophobia, Putin
Category: European Markets


From "Corpse Art" To "Skullmania"
Why has our collective percepton of art changed so dramatically over the past decade?

by Vadim Pokhlebkin
5/8/2008 11:45:00 PM

We call a urinal "the most influential work of art of the 20th century" and flock to see dead bodies set as sculptures. Is there a connection between the recent popularity of “all things melancholic” and the state of our collective spirits? We at Elliott Wave International think there is. Watch this free documentary for the answers.

Filed Under: corpse art, body worlds, skullmania, Fountain Marcel Duchamp, Damien Hirst For the Love of God, diamond skull, socionomics
Category: Cultural Trends


Germany: Speed Limit Is Now Reality
Is there a correlation between the trend in stocks and highway speed limits?

by Vadim Pokhlebkin
4/11/2008 6:00:00 PM

Well, it finally happened. The world famous, bullet-fast, no-speed-limit German autobahns may soon become just like every other highway – boring. Is there a correlation between the trend in stocks and highway speed limits? Let's take a closer look.

Filed Under: autobahn, speed limit, Germany, dax, socionomics, greenhouse gases
Category: European Markets


The Bigger They Come, The Harder They Fall

by Susan C. Walker
3/11/2008 5:30:00 PM

Of all the reactions to the news about Eliot Spitzer's call-girl dalliance, there's one you won't read anywhere but here: Former heroes get cut down to size in a bear market.

Filed Under: Bear market, socionomics
Category: Cultural Trends


Today the World Is Smaller

by Robert Folsom
2/27/2008 5:45:00 PM

Which individual has exerted the greatest influence on American political thought over the past half-century? I can think of very few people who deserve serious mention, but on my short list, one particular person's influence plainly trumps all others....

Filed Under: socionomics, politics
Category: Cultural Trends


How the Herd Sets Market Prices

by Editorial Staff
2/15/2008 1:00:00 PM

The law of supply and demand reigns at the shopping mall because consumers are pretty certain of their needs and resources, so they can reason their way through the decision process. But investors are uncertain because they have no basis to decide a fair price.

Filed Under: herding, socionomics
Category: Classic Prechter


Bad News Delayed is Still Bad News

by Susan C. Walker
1/18/2008 11:00:00 AM

On days like today in the financial markets, you can almost see social mood changing before your very eyes. With the DJIA, the S&P 500 and Nasdaq all off by 2% or more today, the sell-off has resulted in a 10-month low for these markets.

Filed Under: Merck, stock options, socionomics
Category: Stocks


Hint to Putin & Chavez: Markets Are Key to Your Popularity

by Susan C. Walker
12/5/2007 9:45:00 AM

Vladimir Putin and Hugo Chavez, needn't have waited for vote returns; all they really needed to do was double-check how their nations' stock markets did over the past few months. Then they could have known the outcomes in advance of the vote counts. Why?

Filed Under: socionomics, presidential popularity, financial markets
Category: Cultural Trends


The National Christmas Tree... Indicator?
A sparkling parallel...

by Alan Hall
12/21/2006 11:45:00 AM

Like the price of gold, the height of the National Christmas Tree has been “regulated” at times -- by pruning. It is a long and fascinating history, at least at Christmastime. Following are some interesting facts about the Tree. They are dated so you can locate them on the chart of the DJI (courtesy of Yahoo Charts) at the bottom of this article.

Filed Under: socionomics
Category: Cultural Trends


A Family Portrait of Financial Mania
We're all in the snapshot.

by Alan Hall
11/21/2006 12:45:00 PM

I write from the catbird seat here at EWI, with access to the best technical market analysis in the world. In the space of an hour I can read forecasts of commodities, currencies, stocks, metals, and interest rates, and compare them to socionomic observations of news and events. Nowhere else can you grab such a broad, detailed snapshot of the clockworks of the “engine of history.” Today’s digital snapshot is a family photo of a resurging financial mania.

Filed Under: Real Estate, housing, real-estate, Economy, banking, credit crunch, personal finance, Wall St., socionomics, debt
Category: Cultural Trends


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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.