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Home > Classic Prechter
Where are Markets Going and Why?

Tue, 15 Sep 2009 16:30:00 ET
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"Has the Stock Market Fallen Enough?" was the question Bob Prechter answered when he spoke to the Market Technicians Association in May 2009. While updating the indicators from his 2002 book, Conquer the Crash, You Can Survive and Prosper in a Deflationary Depression, he discussed the correlation between the stock market and the real estate market; how the big change in social psychology is driving markets down; what to own now (safe cash equivalents); and why the stock market is so volatile. Here are seven video excerpts from his speech:

Six video excerpts on topics ranging from the real estate market to the economy's struggles to the future of the retail brokerage industry. (each 1-2 minutes long)

One video excerpt on the topic, "Why is the Market So Volatile?" (approx. 7 mins. long)

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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.