The Hindenburg Omen — Omen-ous or Not?
Efficient Market Hypothesis: R.I.P.
The Hindenburg Omen — Omen-ous or Not?
Efficient Market Hypothesis: R.I.P.
Trade View: GBP/USD & GBP/JPY for 20 July 201...
Trade View: GBP/USD for 19 July 2010
Does your wordpress theme annoys you?
hi Guys,
How are you doing. Today I felt so dumb and cheesy. I just missing my long composed article and suddenly my internet down and my article is missing after i press publish button. I’ve felt so sad because have to recompose which it will never be the same again as the 1st post.
Luckily I’ve found something to sooth me up when one of my frend buzz me with a link and ask me to join it. After I clicked that link, OMG! what a numerous offers.. the authors says that “I am sure everyone had a good Christmas celebration and are gearing up for the new year’s eve. To show my love to all the wonderful readers, I will be designing a custom WordPress theme for one person who wins this contest.”…
I felt happy because the author of the blog are offering to create a free layout theme for the winner of the lucky draw that being organize
So I take this opportunity and hoping that I can be the winner and have a great present for this upcoming new year. hehe.. Why dont you guys also grab this opportunity to join this lucky draw. Who knows the stars of luck in is ur hand
All you have to do is write an article about the lucky draw contest.. and thats it.. u dont need to do more than that. just a simple fingering excercise
come and let us make this contest merrier that it used to be
Click The image below to join with me
“The contest will run until January 1, 2008 and the winner’s name will be declared on that date. So, all you people who want to enter 2008 with a shiny new WordPress theme designed as per your tastes, start blogging about this news.”
Dun wait anymore
come and make it merrier
Regards,
Aidil Azhar
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How To Recognize a Financial Mania When You’re Smack Dab in the Middle of One
When you’re caught in the middle of a bad storm, you don’t really care whether it’s a tropical depression or a full-strength hurricane. You just know you’re hanging on for dear life. The same idea applies to financial markets. When a market is trending up strongly, it’s hard to tell whether it’s just a bull market or a more dangerous financial mania.
The recent tremendous ride up for global and U.S. financial markets, including the Dow, looks and feels more like a mania than a mere bull, says Elliott Wave International analyst Peter Kendall. This distinction is important to recognize in the rising stage, because manias always result in a crash that takes them back beneath their starting point.
Kendall recently published his research into current financial manias throughout the world in SFO (Stocks, Futures and Options) magazine. The article, titled “Financial Manias and the Trade of a Lifetime,” suggests an even more stunning finish for the current manias: “The speed and global scope of the unfolding credit crisis suggest that most of the fast-rising markets of the last decade will crash in unison,” he writes.
Editor’s note: Elliott Wave International invites you to read the full five-page article with charts from the October 2007 SFO magazine by Elliott Wave International’s Pete Kendall called “Financial Manias and the Trade of a Lifetime.”
As co-editor of The Elliott Wave Financial Forecast, Kendall searches for trends that help traders to move in and out of markets. By comparing other historic manias with the impressive rise of the DJIA since the late 1970s, he focuses on the skyscraper pattern that they all have in common. The four historical manias are the Dutch Tulip mania of the 1630s, the South Sea bubble of 1720, the U.S. stock crash of 1921-1932 and the dot.com bust of the 1990s and early 2000s. Once you can see the similarities, you will be better prepared to face the music when the crash comes. As Kendall writes, “once the belief that the markets will always rise becomes widespread, it actually signals the start of a price swing that tends to be a career-breaker for any trader who tries to oppose it.”
He also discusses current manias, such as the Nikkei, which has yet to return to its start after a manic rise to its all-time high in December 1989, and the Dow, which reversed from its rise in 2000 but made a U-turn in 2002. The starting point for the Dow’s mania as shown in the chart included in the article is at the 1000 level.
Kendall, who is also writing a book about financial manias, titled The Mania Chronicles, describes five telltale signs that help an investor to tell the difference between a regular bull market and a mania. It’s a mania if:
1. There is no upside resistance, and rising prices seem to be perpetual.
2. Everyone in the market looks like an expert.
3. There is a flight from quality investments to riskier investments.
4. As financial bubbles pop in one area, they bubble up in others.
5. The crash after the peak takes back all the gains the mania made.
No. 5 can be viewed only with hindsight. But the first four signs provide essential clues to what’s shaping up in the markets.
“By studying past mania experiences, traders can gain valuable insight into the collective emotions that drive their markets,” writes Kendall. “It’s possible to make significant money in the advancing stages of a mania with no knowledge of its existence. But there is nothing like recognizing a mania for what it is in real time to help a trader keep those gains and deal with the relentless crash after it peaks.”
In the last part of the SFO article, he asks the key question, Are we at the peak yet? Find out his answer by reading the whole article for yourself.
Written By:
Susan C Walker
(Elliot Wave International)







