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It's Not Science Fiction, Isaac, it's Socionomics

by Neil Beers
11/17/2009 1:00:00 PM
In the 1940s, renowned science fiction writer Isaac Asimov began writing a trilogy of novels called the Foundation Series. Asimov’s protagonist discovers and develops “psychohistory,” a mathematical science that statistically predicts the general course of future events for large groups of people.
 
As it turns out, Asimov’s idea was actually science, minus the fiction. In the 1930s, a decade prior to Asimov's initial Foundation stories, Ralph Nelson Elliott made a discovery that became key to the development of socionomics, a new science of social prediction.
Filed Under: socionomics, socionomist, wars, social mood, Isaac Asimov, psychohistory
Category: Cultural Trends


Pig Humor No Laughing Matter

by Neil Beers
10/14/2009 9:30:00 AM
An article in the University of North Carolina's Daily Tar Heel, “Swine Flu Humor Infects Universities Nationwide,” reminds one of the epidemic disease study in the May and June Socionomist, especially what it said about today’s historic complacency toward epidemic disease.
Filed Under: swine flu, disease, social mood, socionomics, socionomist
Category: Cultural Trends


Who Would've Guessed? Mexico Decriminalizes Marijuana

by Neil Beers
8/25/2009 10:30:00 AM

Mexico has taken an important step in fulfilling a forecast from the July 2009 Socionomist: President Felipe Calderón just approved a law that decriminalizes small-scale possession of several different drugs.

Filed Under: cultural trends, Drug War, Marijuana, socionomics, socionomist
Category: Cultural Trends


Social Mood, Stocks and Epidemics
As prices fall, susceptibility rises

by Alan Hall
5/11/2009 4:45:00 PM

As measured by the stock market, we recently completed a large wave in a powerfully-negative social-mood trend. It bottomed amid extremely pessimistic sentiment. Social stress reached higher levels than it has in decades. Soon after, H1N1 swine flu erupted and came right to the edge of being a pandemic. If this was the only such instance of disease breaking out after a social-mood decline, it might be coincidence, but there are numerous examples in the historical record.

Filed Under: socionomist, swine flu, disease, epidemic, pandemic, social mood
Category: Cultural Trends


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> Wars: Do they affect the stock market's Elliott wave patterns? 
> Market manipulation: Can wave patterns detect it?  
> Warren Bufett: Doesn't his latest major purchase boost market mood? 
> George Soros' Reflexivity Theory: Similar to Prechter's socionomics? 
> College tuition: Will it cost more or less in a deflation? 
> Currencies: How do I count Elliott waves between cash and futures? 
> Weekends and trading halts: How do they factor into Elliott wave count? 
> Crisis Part II: Who will people blame if stocks crash again? 
> Socionomics and 'The Wisdom of Crowds': Any connection? 
> Do you know of any mutual funds that use Elliott wave analysis? 

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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.