Trader’s Narrative

Here’s this week’s march through the stock market’s sentiment:
Investors Intelligence
This week’s stock market newsletter editor’s sentiment data gathered and categorized by ChartCraft shows that there is a slight increase in the number of optimistic newsletters. There are 28.4% bulls and 44.3% bears. The bearish side has decreased by slightly more than the bullish side increased. […]

Robert Prechter, New York Times best-selling author and renowned market analyst, was recently asked to present his thoughts on the real estate market and the financial crisis to the Georgia Legislature. The following article has been adapted from the transcript. Elliott Wave International has made the full presentation available free, including the full transcript and […]

Last Few Days of the Book Giveaway!
If you haven’t already, throw your name into the hat for a giveaway of:
Hedge Fund Operational Due Diligence (follow link and submit comment)
I was looking at some charts and noticed that the 1982 super bull market bottom was actually a classic “bear trap”:

This is where price breaks down below […]

Book Giveaway
If you haven’t already, throw your name into the hat for a giveaway of:
Hedge Fund Operational Due Diligence (follow link and submit comment)
For obvious reasons, the current bear market has been relentlessly compared to the previous one that we lived through just a few years ago. But while a long term chart of the […]

Book Giveaway
If you haven’t already, throw your name into the hat for a giveaway of:
Hedge Fund Operational Due Diligence (follow link and submit comment)
While you were watching the news about the AIG bonus dustup, hope you didn’t miss on AIG the ticker symbol. It is still kicking around on the NYSE and as a penny […]