Best of the Week
Most Popular
1. Stock Markets and the History Chart of the End of the World (With Presidential Cycles) - 28th Aug 20
2.Google, Apple, Amazon, Facebook... AI Tech Stocks Buying Levels and Valuations Q3 2020 - 31st Aug 20
3.The Inflation Mega-trend is Going Hyper! - 11th Sep 20
4.Is this the End of Capitalism? - 13th Sep 20
5.What's Driving Gold, Silver and What's Next? - 3rd Sep 20
6.QE4EVER! - 9th Sep 20
7.Gold Price Trend Forecast Analysis - Part1 - 7th Sep 20
8.The Fed May “Cause” The Next Stock Market Crash - 3rd Sep 20
9.Bitcoin Price Crash - You Will be Suprised What Happens Next - 7th Sep 20
10.NVIDIA Stock Price Soars on RTX 3000 Cornering the GPU Market for next 2 years! - 3rd Sep 20
Last 7 days
Amazon AMZN Stock PRIMEDAY SALE! Trend Analysis - 20th Apr 21
Stock Market Sentiment Speaks: You May Not Believe My 2021 Targets - 20th Apr 21
Stock Market Phase Two Projection - 20th Apr 21
Are Precious Metals & Miners Starting A New Longer-Term Bullish Trend? - 20th Apr 21
Inflation: First the Gain, Then the Pain… - 20th Apr 21
8 Stock Market Indicators in 1: Here's the Message of the Panic/Euphoria Model - 19th Apr 21
Gold - You Can Win a Battle, but Still Lose the War - 19th Apr 21
Will Interest Rates Rally Further Push Gold Price Down? - 19th Apr 21
Gold Fireworks Doubt the Official Inflation Story - 19th Apr 21
YuanPay Team Discuss The Process Of Crypto Diversification - 19th Apr 21
Central Banks May Ramp Up Gold Buying - 18th Apr 21
How to Get Rid of Driveway Weeds With Just WATER! 6 Months later NO Weeds, Ultimate Killer! - 18th Apr 21
State of the European Markets - DAX, FTSE, CAC, AEX, SMI, IBEX 35, S&P/MIB, Euro Stoxx 50, RTS - 18th Apr 21
Einvestment Fund: What You Need To Know About Investments - 18th Apr 21
Google Alphabet (GOOG) AI Deep Mind Stock Trend Analysis - 17th Apr 21
Stocks and Bonds Inflationary Slingshot - 17th Apr 21
Best Smartphone Selfie Stick Tripod Review by ATUMTEK Works with Samsung Galaxy and Iphone - 17th Apr 21
How to Give Budgie's First Bath | Easy Budgie Bathing and Water Training with Lettuce - 17th Apr 21
Record-breaking Decrease in New Passenger Vehicle Sale in Europe - 17th Apr 21
US Stocks Climb A “Wall Of Worry” To New Highs - 16th Apr 21
Gold’s Singular Role - 16th Apr 21
See what Anatomy of a Bursting Market Bubble looks like - 16th Apr 21
Many Stock Market Sectors Are Primed For Another Breakout Rally – Are You? - 16th Apr 21
What Skyrocketing US Home Prices Say About Inflation - 16th Apr 21
Still a Bullish Fever in Stocks? - 16th Apr 21
Trying to Buy Coinbase Stock on IPO Day - Institutional Investors Freeze out Retail Investors - 15th Apr 21
Stocks or Gold – Which Is in the Catbird Seat? - 15th Apr 21
Time For A Stock Market Melt-Up - 15th Apr 21
Stocks Bull Market Progression Now Shows Base Metal Strength - 15th Apr 21
AI Tech Stocks Buy Ratings, Levels and Valuations - 14th Apr 21
Easy 10% to 15% Overclock for 5600x, 5900x, 5950x Using AMD Ryzen Master Precision Boost Overdrive - 14th Apr 21
The Current Cannabis Sector Rally Is Pointing To Another Breakout - 14th Apr 21
U.S. Dollar Junk Bond Market The Easiest Money in History - 14th Apr 21
The SPY Is Nearing Resistance @ $410… What Is Next? - 14th Apr 21
The Curious Stock Market Staircase Rally - 14th Apr 21
Stocks are Heating Up - 14th Apr 21
Two Methods in Calculating For R&D Tax Credits - 14th Apr 21
Stock Market Minor Correction Due - 13th Apr 21
How to Feed Budgies Cucumbers - Best Vegetables Feeding for the First Time, Parakeet Care UK - 13th Apr 21
Biggest Inflation Threat in 40 Years Looms over Markets - 13th Apr 21
How to Get Rich with the Pareto Distribution - Tesco Example - 13th Apr 21
Litecoin and Bitcoin-Which Is Better? - 13th Apr 21
The Major Advantages Of Getting Your PhD Online - 12th Apr 21
Covid-19 Pandemic Current State for UK, US, Europe, Brazil Vaccinations vs Lockdown's Third Wave - 12th Apr 21
Why These Stock Market Indicators Should Grab Your Full Attention - 12th Apr 21
Rising Debt Means a Weaker US Dollar - 12th Apr 21
Another Gold Stocks Upleg - 12th Apr 21
AMD The ZEN Tech Stock - 12th Apr 21
Overclockers UK Build Quality - Why Glue Fan to CPU Heat sink Instead of Using Supplied Clips? - 12th Apr 21 -
What are the Key Capabilities You Should Look for in Fleet Management Software? - 12th Apr 21
What Is Bitcoin Gold? - 12th Apr 21
UK Covd-19 FREE Lateral Flow Self Testing Kits How Use for the First Time at Home - 10th Apr 21
NVIDIA Stock ARMED and Dangeorus! - 10th Apr 21
The History of Bitcoin Hard Forks - 10th Apr 21
Gold Mining Stocks: A House Built on Shaky Ground - 9th Apr 21
Stock Market On the Verge of a Pullback - 9th Apr 21
What Is Bitcoin Unlimited? - 9th Apr 21
Most Money Managers Gamble With Your Money - 9th Apr 21
Top 5 Evolving Trends For Mobile Casinos - 9th Apr 21
Top 5 AI Tech Stocks Investing 2021 Analysis - 8th Apr 21
Dow Stock Market Trend Forecast 2021 - Crash or Continuing Bull Run? - 8th Apr 21
Don’t Be Fooled by the Stock Market Rally - 8th Apr 21
Gold and Latin: Twin Pillars of Western Rejuvenation - 8th Apr 21
Stronger US Dollar Reacts To Global Market Concerns – Which ETFs Will Benefit? Part II - 8th Apr 21
You're invited: Spot the Next BIG Move in Oil, Gas, Energy ETFs - 8th Apr 21
Ladies and Gentlemen, Mr US Dollar is Back - 8th Apr 21
Stock Market New S&P 500 Highs or Metals Rising? - 8th Apr 21
Microsoft AI Azure Cloud Computing Driving Tech Giant Profits - 7th Apr 21
Amazon Tech Stock PRIMEDAY SALE- 7th Apr 21
The US has Metals Problem - Lithium, Graphite, Copper, Nickel Supplies - 7th Apr 21
Yes, the Fed Will Cover Biden’s $4 Trillion Deficit - 7th Apr 21
S&P 500 Fireworks and Gold Going Stronger - 7th Apr 21
Stock Market Perceived Vs. Actual Risks: The Key To Success - 7th Apr 21

Market Oracle FREE Newsletter

FIRST ACCESS to Nadeem Walayat’s Analysis and Trend Forecasts

Stock Markets Bullish Like There's No Tomorrow

Stock-Markets / US Stock Markets May 07, 2007 - 09:36 AM GMT

By: Joseph_Russo

Stock-Markets THE FINANCIAL SPHERE FLOORS IT
All that remains to seal absolute victory is to re-mastermind the majestic performance put on by the Clinton/Rubin administration in masterfully engineering a strong dollar policy concurrent with rising equity values, while commodities, gold, and interest rates plunged into the abyss.


FEELING LUCKY - GO AHEAD GET LONG (just don’t be fooled again)
Those who have been sitting on the sidelines, scratching their heads as equity markets go ballistic - fear not. One can BUY their favorite 7-year breakout of choice for the long haul without feeling like a complete fool, to save face and fortune; just remember to get the heck out of Dodge in the event of a majority plateau failure.

BROADEST MEASURE OF U.S STOCKS CLOSES IN UNCHARTED TERRITORY
What might one expect from the Wilshire 5000 breaking above critical mass? Sizing up, and more importantly, realizing an eventual full range nominal-expansion target of 22700 (50% from current levels) would validate one's anticipated genius. To maintain prudence while embarking upon such an optimistic campaign, all one need do, is set an initial monthly closing stop below 14740 (3%), and then trail it up accordingly. In the event of a false start, no problem, just redeploy the strategy and repeat as necessary.

Edit Chart

ONE MORE ESSENTIAL ELEMENT FOR LONG HAUL INVESTORS

We shall assume such brilliant minds have long since acquired, and regularly rebalance at least 10% to 15% of their total net worth (including paper profits on inflated real estate values ) in physical gold and silver bullion. The purpose in adopting such protocol (under ALL market conditions) insures against the ongoing deterioration of purchasing power inherently resident in government issued fiat currency. After all, we would not want to see such genius executed in vain. Therefore, if one is void of this vital investment component, might we suggest earmarking a portion of one's long-haul equity purchases toward strategically planned bullion acquisitions.

THE TAKE AWAY

To survive the persistent and egregious financial horrors bestowed upon us for more than 90-years, we must aggressively pursue practical initiatives in order corner the out-of-control financial sphere in such a way, as to remain whole against every possible outcome to which the masters of illusion may serve us.

HOPE FOR THE FUTURE

Upon inevitable closure to the present paradigms widespread tolerance of illusory and deceptive economics, it is our hope that the generation earmarked to restructure the system, will prevail with minimal sacrifice amid a probable revolution. Furthermore, it will be essential that future generations of stewards contain vast numbers of visionaries, possessing unshakable principles, grounded in truth, holding steadfast to the highest levels of discipline and integrity for themselves, their families, their countries, their planet, and for the greater good of humankind.

THE UPSIDE FOR RIGHT NOW (nominal or otherwise)

The present upside is that robust market's frothing with animal spirit; lend themselves to an abundance of highly profitable, short-term trading opportunities. More experienced participants trade these markets aggressively in attempt to maximize nominal returns. To do so successfully is no small task. First, one must practice sound money management, and maintain a resident understanding and respect for risk. Secondly, one must acquire a competitive edge to assist in the effective deployment of risk capital. We categorize these unique and vital market participants as seasoned traders, or prudent speculators. Elliott Wave Technology devotes its highest level of focus and attention to these bold, creative, and determined combatants.

Traders & Speculators

For experienced traders speculating in the short-term direction of broad based indices, Elliott Wave Technology renders unrivaled forecasting guidance from which to execute one's trading plans profitably. Thumbnail charts below illustrate a typical guidance and outcome study reflecting recent short-term forecasts from Elliott Wave Technology's Near Term Outlook .

The above examples are not results of specific trading instructions, or closed trade outcomes. They are representative of Elliottwave Technology's navigational guidance from which speculators gain a unique competitive advantage in formulating and managing their trading offensives.

Our approach to short-term market guidance, and long-term forecasting, is by no means arcane. We never “predict prices” nor become tied to a fixed bias or singular perception; instead, we adapt to the price action as it unfolds. Doing so impartially, enables us to formulate astute and measured guidance based on the dynamic evolution of price.

Trade Better / Invest Smarter...

By Joseph Russo
Chief Editor and Technical Analyst
Elliott Wave Technology

Copyright © 2007 Elliott Wave Technology. All Rights Reserved.
Joseph Russo, presently the Publisher and Chief Market analyst for Elliott Wave Technology, has been studying Elliott Wave Theory, and the Technical Analysis of Financial Markets since 1991 and currently maintains active member status in the "Market Technicians Association." Joe continues to expand his body of knowledge through the MTA's accredited CMT program.


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules