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How To Trade In THIS Fast-Moving Bear Market
"A good trader will make money with a mediocre forecast. A bad trader will lose money even with a good one."

by Vadim Pokhlebkin
11/18/2008 4:00:00 PM

Novice traders (and investors) usually think that an accurate forecast is all they need to succeed in the markets. You read one, you open a trade, and then you close it. Buy low, sell high, wham-bam – you're rich. That happens only if you're really, really lucky. But let's consider a certain (very probable) trading scenario...

Filed Under: trading, stock, ETF, futures, option, currency, Bear market
Category: Stocks


Bank Of America and Google: News Doesn't Matter?
Elliott Wave International discusses illogical price moves in the shares of Google and Bank of America.

by Vadim Pokhlebkin
2/4/2008 5:35:21 PM

On Friday (Feb. 1), Google reported that its "fourth-quarter revenue increased 51% and net income rose 17%, and top executives said they saw no effect of an economic slowdown." Good news, no argument there. Yet at the open GOOG promptly lost ground and closed Friday's trading down more than 8%. And then on Monday (Feb. 4), it lost some more. Why? We have some ideas...

Filed Under: bank of america, bac, google, goog, mortgage, earnings, shares, stock
Category: Stocks


How to Trade in a Bear Market | January 23 & 24 in Atlanta, GA.
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Announcing EWI's New eBook ...

EWI's New Trading eBook: How You Can Identify Turning Points Using FibonacciThis powerful 90-
page eBook will help you learn to formulate and execute your own trading strategy by combining wave analysis with Fibonacci relationships.
 


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> Could your following grow large enough to influence the markets?
> In this deflation, are currency traders at risk of not getting paid?
> Do you know of any mutual funds that use Elliott wave, Dow Theory, etc.?
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> Can you explain what's going on with the price of oil?
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Press Room
IN THE MEDIA
Browse Recent Media Articles that Mention EWI or Feature EWI Analysts

As the markets enter what Bob Prechter calls "the point of recognition," we notice that mainstream media pundits who get it start to notice us, our analysts and our forecasts. You can browse dozens of recent media articles about EWI in the EWI Press Room.
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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.