Discover Chris Rowe’s Internal Strength System the exact stocks and options trading system that made him a millionaire while still in his 20s. Learn this 10 minute a day Swing Trading Strategy. If you can read an email, you can start printing cash with this 1500 pips a day Forex Signal Service from heaven! This is what Robert Folsom, Club EWI Manager, Elliott Wave International says: The mainstream has reached a consensus: The worst of “The Great Recession” is finally over. They foresee a New Year of profits. Even its outspoken critics have begrudgingly conceded that the government’s unprecedented measures over the past two years are responsible for the recovery. Well, we write to tell you, don’t believe the hype. To wit, Robert Prechter makes the following point in his brand new December Theorist:

“Ironically (is there any other way?), the media just reported a rise in wholesale prices of 1.8% for November, and economists are interpreting it as inflationary and therefore bearish for the dollar. But this number is a lagging indicator. It is indeed reflecting inflation, but it’s the inflation that already occurred over the past three quarters of the year. The dollar accurately signaled a period of inflation nine months ago when it turned down, and commodities confirmed inflation the whole time as they rallied into November. … But the wholesale price jump is distracting commentators into writing about this ‘warning sign’ of inflation, just as a falling Consumer Price Index produced a peak in deflation-related articles in November 2008, a whole year late.”

In other words, the media covers the markets now as ever, by extrapolating trends into the future. They never acknowledged that their trusty indicators failed miserably to signal the most important turning points of the past decade: October 2007 and March 2009. (Prechter was virtually alone in anticipating both of these monumental reversals.) In his brand new December Theorist, Bob focuses squarely on the most important investment issues for tomorrow. You will get unparalleled insight into the government’s new initiatives throughout the crisis and how those new programs will affect you in 2010. Ignore this issue at your peril. Please learn more about the December 2009 Elliott Wave Theorist now.

We’ve just posted Robert Prechter’s landmark report, “Popular Culture and the Stock Market.” Although originally published in 1985, “Popular Culture and the Stock Market” is so timeless and relevant that USA Today covered its insights in a recent November 2009 article. The 50-page report walks you through the ups and downs of the DJIA — our most sensitive meter of social mood — and analyzes the trends in popular music and TV shows through periods of positive and negative social mood over the past century. It reveals how social mood, as reflected in the stock market, actually defines popular culture. By the way, you can get alerted to new Club EWI resources even sooner when you subscribe to one or both of EWI’s free email newsletters. You’ll get some of the best Elliott wave insights and can’t-miss news stories, plus notifications of new and classic Club EWI resources. Add newsletters to your Club EWI profile in just a matter of seconds.

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