Sunday, July 6, 2014

It’s been a While…

Here’s what’s been going on with us
For starters, if you are wondering why you haven’t heard from us lately, it’s because Joe Russo, the publisher of Elliott Wave Technology, has been dutifully caring for his last remaining parent, who is valiantly fighting cancer at 85, and recovering rather remarkably from a major surgery in June. With that out of the way, we can now bring you up to speed on what else has been going on with us here at Elliott Wave Technology.
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Wednesday, April 2, 2014

To hell with the stock market, EVERYTHING IS RIGGED

We are not heading toward a collapse, it’s here
It’s now more than five-years in, and we have only just begun to witness the long-term effects of global economic collapse. With overwhelming evidentiary cause, far too many of us fear that the worst is yet to come. It is clear to anyone with a pulse, there remains a systemic criminal fraud entrenched at the highest levels of power and beyond.
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Sunday, March 23, 2014

Apple setting up for a Big Pop or Hard Drop

A quick technical heads up for Apple traders and investors
Following its 45% fall from grace last year, Apple has been on the rebound since printing its 385.10 low in April 2013. Since then, despite rallying more than 38%, and retracing nearly 62% of its bearish decline, the stock price remains almost 200-pts away from its all time high.
Technically, Apple’s larger secular trend remains bullish; its cyclical trend from the 705 top remains down, its medium-term trend from the 385 low remains up, while Apple’s short-term trend from the more recent crest at 575 remains sideways with a downside bias.
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Friday, March 21, 2014

Long-Term DIY Investing: A Back to Basics Warning

Caution Warranted for long-term SPY-Bulls & GLD/SLV bears

If you’re in it for the long haul — by that we mean bullish SPY and hedging your stack being short GLD/SLV — good for you, so are we. How’d you do it, did you just get lucky, or did you use a specific model or investment strategy? We never seem to be very lucky when it comes to shooting from the hip with that sort of stuff; we do however follow a concise long-term timing model that in hindsight, makes us seem rather lucky, but we’re really not. We’re just your average Joe’s around here.
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