Over the 2013 year end holidays we completed our eighth annual update of the self explanatory lessons, expanding them to twenty-six. We recently added how the Saeculum applies to the markets, and Trading Psychology. This is our most complete lesson plan yet.
Objective Elliott Wave, (OEW), is a quantitative approach to the Elliott Wave Theory. Once you learn OEW you will be able to quantitatively research the historical price performance of any asset class, or stock, and determine its current position within its overall long term trend. Quantified waves never change. Then using shorter term charts, you will be able to determine good entry and exit price areas in the asset you are tracking.
This is not a course, this is private tutoring: one on one. You may take as long as you like to fully grasp the material and concepts at hand. It is not complicated. Actually you will be amazed, after some period of time and dedicated study, how easily you will be able to discern the waves as they unfold. OEW quantitatively identifies all the medium and long term waves that create bull and bear markets. Every one! We have been applying this technique, successfully, for over thirty years.
Last year we added the SPX sector rotation scenarios that often occur in alternate bull markets. We included OEW analysis of long term investor sentiment, the PCE, the Unemployment rate, and the Baltic Dry index. Lesson 23 is all about Housing, leading/lagging indicators, what works and what does not. Currencies are the main theme in lesson 24: tracking the long term currency cycle in OEW terms.
Over the years OEW analysis has led to some important projections in just the stock market alone. We projected the 1987 top and subsequent crash, then identified the Dec. 1987 low. The July 1990 top to the day, the 2000 top, and the Oct. 2002 low. The Oct. 2007 top (in early Jan08), the Mar. 2009 low nearly to the day, the recent high in Sept/Oct 2012, and the recent low in Nov 2012, nearly to the day. We are now expecting a significant top in Q3 2014.
In Real Estate: OEW confirmed the bear market in 2006, and the new bull market starting in 2011. In Bonds: OEW confirmed the bull market in 2007, we then turned long term bearish on Bonds in mid-2012. In the Currency markets: OEW projected a strong rally in the USD in early 2008 after a three year decline. Then a resumption of its choppy bear market in 2009/10. We then turned bearish on several foreign currencies in mid-2011, and long term bullish on the USD. In early 2009, OEW projected a resumption of the ongoing 13 year bull market in some Commodities: including Gold and Silver. Then turned long term bearish in 2012. We also pinpointed the low in the Dry Bulk Shipping index in mid-2012, and are long term bullish on the sector. OEW can be used to track any asset class, including individual stocks, providing there is sufficient historical data.
Bull and bear markets can last for years. Medium term uptrends and downtrends only last for a few months, and are often mistaken for changes in long term trends. OEW analysis not only confirms when changes in long term trends are occurring, but also allows one to track a bull or bear market as it unfolds. If you are interested in learning how to do this type of analysis yourself, and joining our private OEW group, just contact me at firstname.lastname@example.org for the details. Best to your trading/investing.
“The possession of knowledge, unless accompanied by the manifestation and expression in sharing is a vain and foolish thing. The Law of Use is universal, and he who violates it suffers by reason of his conflict with natural forces.”