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Stock Market Epic Optimism that Can Be Reversed Only by a Huge Bear Market

Stock-Markets / Stocks Bear Market Sep 06, 2014 - 01:42 PM GMT

By: EWI

Stock-Markets

Recent weeks brought the biggest confrontation with Moscow since the Cold War, a race riot, a new low in the popularity of President Obama and grisly beheadings at the hands of religious terrorists amidst a major re-escalation of the war in Iraq.


If this sounds a lot like 1968, when Russia invaded Czechoslovakia, President Johnson bowed out of the presidential race as his popularity plummeted and the Vietnam war took a decisive turn for the worst, there’s a perfectly logical Wave Principle basis for it; both periods contain...

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About the Publisher, Elliott Wave International
Founded in 1979 by Robert R. Prechter Jr., Elliott Wave International (EWI) is the world's largest market forecasting firm. Its staff of full-time analysts provides 24-hour-a-day market analysis to institutional and private investors around the world.


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