Dear reader,
Today more and more investors are warming to the fact that psychology moves markets and therefore fundamental analysis, which fails to properly measure mass investor psychology, must be flawed.
Who can blame them? After all, fundamental analysis — based on past company earnings, rating agency projections and the like — proved to be of little value during the bust.
There is a better way …….
By Elliott Wave International
It’s one of the first rules in the book of mainstream economic wisdom: a country’s economy is the thermometer which “reads” its stock market’s temperature. If financial conditions are heating up, stocks rise; if they are cooling down, stocks fall. Were it so simple — millionaires wouldn’t make up a measly .15% of the global population.
Obviously, there’s a major flaw with this logic; namely, it isn’t true. Time and again, stock prices smolder to near boiling even as economic growth chills to the bone. (The opposite also holds: Stock prices cool down even as the economy is on fire.)
Take, for instance, Germany’s main stock index, the DAX 30. On August 13, Europe’s number one economy reported a .3% rise in gross domestic product (GDP) — Germany’s first quarter of growth since January 2008. Soon after, the DAX began to rally and finished the day at a fresh, ten-month high.
Elliott Wave International has just released a free 47-Page eBook, How to Spot Trading Opportunities. Created from the $129 two-volume set of the same name, it’s available free until September 23, 2009. Learn more. This Free Offer Was Expired, but you will still get many benefits by FREE join at Club EWI!
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Dear reader,
What if you could look at a chart and instead of seeing what happened, you could see the potential trading opportunities that could happen.
Elliott Wave International (EWI), the world’s largest market forecasting firm, has just released a free eBook to teach you exactly that.
The How to Spot Trading Opportunities eBook features 47-pages of easy-to-understand trading techniques that help you identify high-confidence trade setups. Senior EWI Analyst Jeffrey Kennedy will show you how some of the simplest rules and guidelines have some of the most powerful applications for trading.
Created from the $129 two-volume set of the same name, this valuable eBook is offered free until September 23, 2009
Don’t miss out on this rare opportunity to change the way you trade forever.
Go here to download it now. This Free Offer Was Expired, but you will still get many benefits by FREE join at Club EWI!
Warmest regards,
Nooruddien Muhammady
FXREPUBLIC.COM
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 around the world.
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