Friday, December 10, 2010

Elliot Wave Newsletter

I received this email newsletter from Elliot Wave International. Very interesting:

"Paul,

Every issue of Bob Prechter's Elliott Wave Theorist delivers unique analysis and forecasts, which subscribers use to pursue their own strategies. It's rare for Prechter to publish a specific trade recommendation.

Yet at noon Eastern time Monday, Dec. 6, after watching silver gap higher at the open and pop just above $30, he published a special Interim Report alerting subscribers to an "irresistible" opportunity in silver.

There's a special context to this Interim Report: previously, the only buy recommendation on silver that Prechter published over the past 20 years was February 1993, when he urged subscribers to buy bags of U.S. silver coins as silver fell below $3.60/oz. The low that year was $3.50.

Back to the present -- one day after Prechter's Interim Report (Tuesday, Dec. 7), silver hit a fresh 52-week high, but promptly fell 7% on the way to its intraday low. This was the third-largest reversal of its kind in 40 years.

While these were unquestionably an exciting couple of days in silver, they were indeed just two days.

The relevant question for you now is: What's in store for silver and gold in the next several days, weeks and months?

We offer the most useful answer to that question that you'll find anywhere. It's presented across no fewer than 15 clearly labeled charts in The Theorist, The Financial Forecast and Short Term Update.

It can all be on your screen in minutes via a risk-free subscription to the Financial Forecast Service. Follow this link to learn more.

Thanks for reading,


Robert Folsom
Elliott Wave International"

Makes you want to think what you are doing to ride this wave.

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