Commentaries from Elliott Wave International

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MarketWatch: The Race to the Bottom 4/19/2007 5:01:40 PM " U.S. automakers may be heaving a sigh of relief today, even as climate scientists groan at hearing the good news/bad news report that Iraq may be sitting on double the oil reserves previously estimated. I won't speculate on what politicians are thinking, but it's a safe bet that many will expect this news to affect oil prices. But since production of Iraq's possible newfound oil will probably require at least five years, and there are much bigger social forces at work, it's a good time to consider more than just gas prices. We need to consider greenhouse gas prices, and what they mean. Read on...Read More Stock Markets: Tracing Out a Top 4/13/2007 3:53:18 PM " Bear markets are what they are. If someone objects to what the market is, the he is arguing with nature and the reality of markets. 'Less predictable' does not mean impossible, indecipherable, disorderly or random, either. Read More Forex: Not a Bull Among Them 4/18/2007 5:30:47 PM " While it's safe to say that the absolute majority of currency traders are trend followers, some are not. That group, likely a small minority, doesn't like to run with the crowd -- they like to run against it. They call themselves contrarians and believe that, paradoxically, the best time to buy a market is when everyone has sold it, and the best time to sell is when everyone has loaded up. Today, one market that commands contrarians' attention is the U.S. Dollar Index. Here's why...~Read More Futures: FLAT-tery Will Get You Everywhere 4/19/2007 5:09:09 PM " When it comes to the world of Elliott wave analysis, one of the most captivating corrective patterns of all is called a 'Flat.' Flats are a group of corrective wave patterns that are especially common in commodity markets. They are simple three wave patterns labeled A-B-C. In all, there are THREE different variations of the Flat pattern. Most importantly, flats virtually always precede OR follow an extension of a market move. For example, check out this real-time labeled price chart of a major Softs commodity market...~Read More Emerging Markets: B.R.I.C. House 4/11/2007 1:00:56 PM " Use the countries for which these markets arise, however, and you've got B.R.I.C. (Brazil, Russia, India, and China) It's catchy. It's clever. It slips nicely into cocktail conversation and brainy punch lines: 'What material is the global economy made out of?' --- BRIC. According to the 'experts,' though, the matter is far from a joke, as inflows into B.R.I.C. markets have truly become the heavy-duty rebar holding the global bull-ding up. On this, these recent statistics say plenty....Read More Homebuilders: A Tale of Two Stocks 4/20/2007 10:44:53 AM " Anyone who recommends homebuilders' stocks at a time when the subprime mortgage crisis threatens to leave over 2 million American families homeless and 'cost American households as much as $164 billion in lost equity from 1998 through 2006' must be joking, right? So you can imagine my surprise when on April 12, Elliott Wave International's own Prime Stocks Flash identified two homebuilder stocks as worthy targets. The reason was that the weekly charts of both of these homebuilders were showing very similar wave patterns; here's the chart of one of them...Read More Free Club EWI Report: How to Use Bar Patterns to Spot Trade Setups...Download Now!

	The Real State of Real Estate Read this six-part series about the cycle and psychology of the housing bubble, from EWI commentator Susan Barretta. Her analysis is full of clear thinking, well-done research, and intelligent insights. (The absence of these qualities led to the growing housing crisis, as you'll see.)
	Learn How the Wave Principle Can Improve Your Trading EWI Senior Analyst Jeffrey Kennedy shows you how the Wave Principle kicks in to show high probability price targets where traditional technical studies fall short. Includes a lesson on how to make better use of protective stops.
	EWI Crash Course Video Series Time and again, we see that what financial news writers call causes, really aren't causes at all. Steer clear of this misguided forecasting. Take part in the Elliott Wave Crash Course to learn the Why, What and How of the Elliott Wave Principle.
	Download the Independent Investor eBook, FREE! This 75-page eBook will stand conventional investment notions on their collective head, and explain market behaviors that have always been considered "inexplicable" using hard facts and generous price charts.
	How to Use Bar Patterns to Spot Trade Setups How to Use Bar Patterns to Spot Trade Setups is a free report with 13 instructional charts that show you how to take advantage of specific trading patterns such as the Double Inside Day, the Arrow, and the Popgun.

What is Elliott Wave Principle?

The Elliott Wave Principle is a detailed description of how groups of people behave. It reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific and measurable patterns.

One of the easiest places to see this phenomenon at work is in the financial markets, where changing investor psychology is recorded in the form of price movements. If you can identify repeating patterns in prices, and figure out where in those repeating patterns we are today, then you can predict where we are going in the future.

The Elliott Wave Principle is named for its discoverer, Ralph Nelson Elliott. Mr. Elliott completed the bulk of his work on the Elliott Wave Principle in the 1930s and 1940s.

About Elliott Wave International

Founded in 1979 by Robert R. Prechter Jr., Elliott Wave International is one of the world's largest providers of market research and technical analysis. Its staff of full-time analysts provides global market analysis via electronic on-line services to institutional investors 24 hours a day. Elliott Wave International also provides educational services that include periodic conferences, intensive workshops, video tapes, special reports and books.