The following is a quote from this month's Elliott Wave Financial Forecast:
"With its launch in July 1999, EWFF made the case for a global bear market that would dwarf even the most powerful versions of the 20th century. The first paragraph of the first EWFF stated: 'Always keep in mind the overriding context. What matters above all is that the stock market is transitioning from the biggest bull market ever into the biggest bear market ever. This is something we are fully and aggressively preparing for.'"
That is very useful information indeed and a great value in a monthly newsletter for just pennies a day.
But how does one translate that information into a trading context? Understanding the Wave Principle is a great beginning. It helps to know how to count waves correctly to identify tops and bottoms, and trade with the trend. It helps to know when Elliott rules and guidelines are violated, in order to place stops. And if you can do all this consistently and successfully, you are in an envious position and a member of a very elite group.
You probably want to acquire and refine these skills. Perhaps you aspire to use the services of analysts with decades of experience. Well now you can.
Over the past 30 years, Bob Prechter has built a business grounded in the Elliott Wave Principle. Along the way he attracted and retained some of the most talented Elliotticians in the industry. This has resulted in a family of Flash Services that must be experienced to be fully appreciated. Comprised of timely trade recommendations based on Wave Theory, we deliver them to you via email complete with points of entry, exit, and trailing stops.