Is The Stock Market Predictable?
Written by Rick Sharon.
If you are looking for a perfect "crystal ball" that forecasts with 100% accuracy 100% of the time, it doesn't exist.
However, if you want an edge in forecasting market performance and cultural behavior and preferences, then read on. Your financial survival is at stake!
In the 1930's retired accountant R.N. Elliott documented a phenominal discovery: Stock Market prices move in very specific patterns now called "Elliott Waves". Once Elliott knew what to look for, he saw the same price patterns in bonds, commodities, precious metals, real estate, currencies, collectables - anything traded in a free market "auction style" arena and subject to mass psychology.
If you can determine what pattern the market is in, that gives you incredible insight into which direction the market will move and often precisely how far.