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3Vote!

This might be bearish even for Elliott Wave's Robert Prechter: a recommendation to go 200% short on stocks.

This might be bearish even for Elliott Wave's Robert Prechter: a recommendation to go 200% short on stocks . 4 comments!

7Vote!

New column: Riding the waves

My column this week is a brief foray into the world of the market wave and cycle theorists (mainly Elliott Wave guy Bob Prechter). I'll put up some relevant links later, but right now I've got to run.

3Vote!

In the News, 11/26/09

Reuters , Dubai Seeks Debt Delay Marketwatch , Elliott Wave Advisor Even More Bearish LA Times , Hope for a Strong Economic Rebound is Fading Financial Times , Dollar Lurches to 15-Month Low Calculated Risk , Bankruptcy Filings Increase 34% Jesse's Cafe Americain , Gold is Rallying Because...

3Vote!

Robert Prechter on Monday moved to 200% short

Back in August I started a post on Prechter with: Be very skeptical when speaking to an Elliotician. Their "alternative wave counts" mean that they can go back to any prognostication and say they just misread the waves. Sometimes I think I should just stick with my yummy chicken entrails and tea leaves recipe, but then the wavers go and get one right. Who knows'... That...

5Vote!

More Signs the Stock Market (and Everything Else) May Finally Be Topping Out

... to favor a downturn more now than they have at any point since the March lows. Steve Hochberg of Elliott Wave International was interviewed on the Financial Sense Newshour last Thursday - if you're into technical analysis and indicators, I'd definitely recommend a listen. I read Steve's market updates every Monday, Wednesday, and Friday - this interview will give you a good idea of...

3Vote!

It's Not Science Fiction, Isaac, it's Socionomics | Elliott Wave …

In the 1940s, renowned science fiction writer Isaac Asimov began writing a trilogy of novels called the Foundation Series. Asimov’s protagonist discovers and develops “psychohistory,” a mathematical science that statistically predicts … Read more here: It's Not Science Fiction, Isaac, it's Socionomics | Elliott Wave