“When the alarm goes off and the dreamers awake, it will be pandemonium in the stock market.” — Bob Prechter, from the just-released Elliott Wave Theorist.
You would agree that markets around the world have served investors a lot of surprises lately:
And almost every step of the way, Elliott wave price patterns have guided us and our subscribers:
Plus, says Bob Prechter in the new Elliott Wave Theorist,
“With rare foresight, our European and Asian analysts predicted the failure of both the Swiss franc peg and the Chinese yuan peg, dramatic events that caught economists completely off guard. You have to know a lot about markets to do these things.”
Yet the credit doesn’t go entirely to our analysts — it goes to the Elliott wave method. For the past 80 years, waves have warned thousands of investors about risks — and new opportunities! — at countless market junctures.
Today’s #1 story is the 358-point sell-off in the Dow. Both the DJIA and the S&P 500 are now in the red for 2015.
Even the white-hot NASDAQ ended the day with a 3% decline
Free Reports:
Is this a “normal correction” — or are the “bubble days” really over?
Prechter’s new Elliott Wave Theorist — which got published just yesterday (Aug. 19) — says:
“When the alarm goes off and the dreamers awake, it will be pandemonium in the stock market.”
We invite you watch a free 5-video series from Elliott Wave International’s Chief Market Analyst Steve Hochberg, “Economic Crisis Meets Investor Opportunity.” We think you’ll find Steve’s insights into global debt, real estate, the Federal Reserve and shifting investor psychology valuable, while his charts will show you the evidence that informs his forecasts. You’ll get a perspective on the markets that you simply won’t find elsewhere.
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This article was syndicated by Elliott Wave International and was originally published under the headline Global Stocks Slide. EWI is the world’s largest market forecasting firm. Its staff of full-time analysts led by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.