Wednesday, March 16, 2011

A Thought on Recent Events and Market Timing

Agree or disagree: The recent Japanese earthquake did more than destroy lives and property.  It has changed, for the time being, the world economy and how it works; maybe very slightly but time will tell.  And the earthquake has changed how technical analysis works in stock markets; recent drops in the market have altered the Elliot theorists' wave counts and predictive mechanisms such as 14 week cycles tops.

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