Week of January 21, 2008

This week the market seems to be doing much better than last week. During the Martin Luther King day on January 21, 2008, major world markets experienced a major decline with Asian markets leading the charge down. TSX (Canada) was down more than 600 points (4.75%), which marked one of the biggest decline since 2001. [...]

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1. Introduction

Elliott Wave Principle
Disclaimer: my understanding of Elliott wave principle comes from the book “Elliott Wave Principle” by A.J. Frost and Robert Prechter Jr, and “Mastering Elliott Wave” by Glenn Neely. Any personal opinion and any quoted definitions/words from outside source(s) in this article will be defined clearly.
What is Elliott wave theory is all about ? What [...]

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First weekly analysis – Week of January 18, 2008

Finally, my first public analysis. The market is down for a few days in a row now, which practically erased last year gain. I must say that I felt pretty lucky that I have redeemed all my Canadian stocks mutual funds with most of the gain intact. On the other hand, it seems that I [...]

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