 |
|
by
Susan C. Walker
2/26/2010 4:00:00 PM
Economists love to talk about exogenous shocks -- events outside of the financial system that cause markets to move. But what if it's just talk and not real at all?
Filed Under:
EMH, Efficient Market Hypothesis, exogenous shocks
Category:
Classic Prechter
|
|
by
Vadim Pokhlebkin
7/28/2009 10:30:00 AM
"Does the Elliott Wave Principle apply to individual stocks?" This question is one of the most frequent that EWI readers ask. To answer it, you have to understand how the Wave Principle works and accept its two basic premises: 1) Markets trends reflect the collective emotions of investors, and 2) Markets are patterned, not random. Of course, these assertions go against the mainstream investment assumptions...
Filed Under:
Efficient Market Hypothesis, social mood, ralph nelson elliott
Category:
Stocks
|
|
by
Vadim Pokhlebkin
5/19/2009 4:00:00 PM
You'll either agree with me or you won't, so here it goes: What reliably makes me lose my cool is when respected professionals passionately embrace an idea, for a while -- only to reject it just as passionately later on. Let’s talk about some of the financial "gospels," for example.
Filed Under:
prechter, Efficient Market Hypothesis, diversification, warren buffett, social mood
Category:
Stocks
|
|
by
Vadim Pokhlebkin
7/28/2008 5:30:00 PM
Ralph Nelson Elliott, the discoverer of the Elliott Wave Principle was born on July 28, 1871. His remarkable discovery suggested that the financial markets are NOT efficient because they are a function of mass psychology – not reason. Individuals can be quite rational, but groups and crowds are not; they are emotional. In a nutshell, here's what Elliott discovered...
Filed Under:
Efficient Market Hypothesis, elliott wave, ralph nelson elliott
Category:
Stocks
|
|
|
|
The Mania Chronicles
|
 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. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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.
|
|
|
|
|
|
|
|