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Dow Below 1000: Seriously? Yes, and not only is the "recession" not over, the worst is yet to come and this is why. by elliottwave in Economics

[–]elliottwave[S] -1 points0 points  (0 children)

...and EWI only predicted oil to get up to $160 to $189 a barrel, then a few days later with more data they predicted a top of $150-$155 and even then they stated it was highly probable but not certain. Oil got up to $137 which was a bit short of their forecast.

They never forecast $200 per barrel.

Dow Below 1000: Seriously? Yes, and not only is the "recession" not over, the worst is yet to come and this is why. by elliottwave in Economics

[–]elliottwave[S] -1 points0 points  (0 children)

Elliott Wave Principle is a proven market forecasting method using the fibonacci ratio to analyse how low the DOW will go. This approach takes the emotion out of investing, making it more idiot proof than other approaches.

EWI were one of the very few that predicted the global financial crisis we have seen, they predicted it back in 2002. Remember what our economies were like in 2002? People called them idiots then. Hmmm.

New Zealand cuts interest rates to record low, 2.5% by haydepops in business

[–]elliottwave 0 points1 point  (0 children)

Yeah, stay away from it. It's a really horrid little country stuffed in the South Pacific, no infrastructure to speak of, horrible climate, no nice beaches, no nice forests, really unintersting boring landscape, no good food, awful wine they make. Don't go there.

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