Robert Prechter Shares Why Fundamental Analysis is for Losers

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OK, maybe a bit of a sensationalist headline, I’ll admit 🙂 I used to be a fundamental only kind of guy, leaving the technicals and chart reading to the spooks and mystics…only to become a wannabe chart reader myself 🙂 In truth, I see great value in both types of analysis, so I don’t want […]

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Trading is tough – really tough. When you’re making money, it feels like the easiest thing in the world. It’s a great feeling – almost intoxicating, really. Like you’re printing money from nothing! Then, inevitably, you get cocky. And you lever up. And sooner or later, a trade goes against you…or two, or three. And […]

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The newsletter that I most look forward to these days is Bob Prechter’s…his views are unique, insightful, and I’m really starting to believe he’s one of the only guys with a clue right now! It’s important to mention that while Prechter is extremely bearish now, he’s by no means a perma-bear. I tend to discount […]

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Here are a couple of very insightful video interviews with Robert Prechter of Elliott Wave International: Part I – Prechter believes the dollar has bottomed, because of the formation in the Elliott Wave pattern, and also the extreme bearish sentiment we’re seeing. Part II – He explains his deflationary depression hypothesis and why he believes […]

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As regular readers know, I’m starting to get my feet wet with the Elliott Wave Principle…can’t yet say I’m a total believer yet, but I am definitely finding some value from the practice. Here’s a free 5-minute primer video by Elliott Wave International’s Chief Commodity Analyst Jeffrey Kennedy, as he takes a look at wave […]

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