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VIDEO: "Gold, Silver: Expect A Bounce, Then – A Devastating Decline"
It's been exciting to watch Gold and Silver follow Elliott wave-based forecasts so precisely.

by Vadim Pokhlebkin
5/2/2008 6:15:00 PM

It's been exciting to watch Gold and Silver, two of the many markets editor Mike Drakulich covers in his Metals Specialty Service, follow his forecasts so precisely over the past month or so. Just watch this video Mike recorded on April 23, for example -- it will "blow your socks off," as Mike puts it.

Filed Under: Gold, Silver, Platinum, LME Copper, COMEX Copper, aluminum, Nickel, Zinc, Tin, Lead, hui, NEM
Category: Precious Metals


VIDEO: Silver Frustrates Market Participants
Wouldn't investors feel less frustrated if they looked at the right causes for market behavior?

by Vadim Pokhlebkin
4/23/2008 5:45:00 PM

Most of the conventional financial analysts remain convinced that what moves market prices are "outside drivers": the Federal Reserve, interest rates, supply, demand, oil prices, you name it – anything BUT the actual collective mindset of traders and investors. Is it any wonder that when none of the "reasons" explain the trend, they feel frustrated?

Filed Under: Silver, Federal Reserve, Nickel, Zinc, Tin, Lead, hui, NEM, Gold, Platinum, LME Copper, COMEX Copper, aluminum
Category: Precious Metals


Gold Stocks: Buyer Beware?
What if you accepted (if only for a minute) the idea that markets are not random, but patterned?

by Vadim Pokhlebkin
4/17/2008 6:15:00 PM

If you happen to be a proponent of the “random walk” theory, let’s – for now – leave alone the debate about “random” vs. “patterned" markets and focus instead on the benefits of accepting (if only for a minute) the idea that markets are indeed patterned. The benefits are numerous and obvious; the main has to be this...

Filed Under: random walk theory, gold stocks, hui, AMEX Gold BUGS Index, GDX, Market Vectors Gold Miners etf, trading, ending diagonal, gold etfs
Category: Stocks


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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.