Ask yourself, how often in my lifetime have I seen the stock index of a country go up 50% to 100%? Then ask yourself, if I just inherited $100,000, would I blindly invest in these indexes today? Why? Hopefully this article puts things into perspective.
Read More0Nov
4
2009
But the Elliott Wave folks miss one thing when they do their prognosticating, and that is “the unexpected.” In a perfect world with no outside influence, the ABCD patterns of Elliott Wave Theory seem to fall in place naturally. But Elliott Wave Theory doesn’t take into account external influences that can affect these patterns like what occurred earlier this week.
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