Most Popular
1. Banking Crisis is Stocks Bull Market Buying Opportunity - Nadeem_Walayat
2.The Crypto Signal for the Precious Metals Market - P_Radomski_CFA
3. One Possible Outcome to a New World Order - Raymond_Matison
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
5. Apple AAPL Stock Trend and Earnings Analysis - Nadeem_Walayat
6.AI, Stocks, and Gold Stocks – Connected After All - P_Radomski_CFA
7.Stock Market CHEAT SHEET - - Nadeem_Walayat
8.US Debt Ceiling Crisis Smoke and Mirrors Circus - Nadeem_Walayat
9.Silver Price May Explode - Avi_Gilburt
10.More US Banks Could Collapse -- A Lot More- EWI
Last 7 days
Stock Market Volatility (VIX) - 25th Mar 24
Stock Market Investor Sentiment - 25th Mar 24
The Federal Reserve Didn't Do Anything But It Had Plenty to Say - 25th Mar 24
Stock Market Breadth - 24th Mar 24
Stock Market Margin Debt Indicator - 24th Mar 24
It’s Easy to Scream Stocks Bubble! - 24th Mar 24
Stocks: What to Make of All This Insider Selling- 24th Mar 24
Money Supply Continues To Fall, Economy Worsens – Investors Don’t Care - 24th Mar 24
Get an Edge in the Crypto Market with Order Flow - 24th Mar 24
US Presidential Election Cycle and Recessions - 18th Mar 24
US Recession Already Happened in 2022! - 18th Mar 24
AI can now remember everything you say - 18th Mar 24
Bitcoin Crypto Mania 2024 - MicroStrategy MSTR Blow off Top! - 14th Mar 24
Bitcoin Gravy Train Trend Forecast 2024 - 11th Mar 24
Gold and the Long-Term Inflation Cycle - 11th Mar 24
Fed’s Next Intertest Rate Move might not align with popular consensus - 11th Mar 24
Two Reasons The Fed Manipulates Interest Rates - 11th Mar 24
US Dollar Trend 2024 - 9th Mar 2024
The Bond Trade and Interest Rates - 9th Mar 2024
Investors Don’t Believe the Gold Rally, Still Prefer General Stocks - 9th Mar 2024
Paper Gold Vs. Real Gold: It's Important to Know the Difference - 9th Mar 2024
Stocks: What This "Record Extreme" Indicator May Be Signaling - 9th Mar 2024
My 3 Favorite Trade Setups - Elliott Wave Course - 9th Mar 2024
Bitcoin Crypto Bubble Mania! - 4th Mar 2024
US Interest Rates - When WIll the Fed Pivot - 1st Mar 2024
S&P Stock Market Real Earnings Yield - 29th Feb 2024
US Unemployment is a Fake Statistic - 29th Feb 2024
U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - 29th Feb 2024
What a Breakdown in Silver Mining Stocks! What an Opportunity! - 29th Feb 2024
Why AI will Soon become SA - Synthetic Intelligence - The Machine Learning Megatrend - 29th Feb 2024
Keep Calm and Carry on Buying Quantum AI Tech Stocks - 19th Feb 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Nasdaq Stock Market 21 Year Elliott Wave Pattern Forecast

Stock-Markets / Elliott Wave Theory Mar 06, 2009 - 01:24 PM GMT

By: Joseph_Russo

Stock-Markets Best Financial Markets Analysis ArticleDesperately Seeking Stability - At the worst of the two-year dot.com bust, the NASDAQ registered a 78% peak to trough decline. In the following five-years spanning 2002-2007, though the market came nowhere near reclaiming its former value, it nonetheless posted a 158% five-year trough to peak bull market return.


Casting aside technical's, given the current set of general fundamentals it is plausible that we may be in the midst of a four-year bear market that can feasibly take the NASDAQ down 64% from its 2007 recovery high, and marginally taking out the 2002 low in process. If such a scenario plays out, we could then anticipate arriving at a sustainable base sometime in the 2011 period.

Thereafter, a four-year bull market could rally the index by over 100% trough to peak into the 2015 timeframe. Such an accomplishment would be another substantial bull market recovery even though the market crest may be well below its 2007 peak.

Following a plausible 100% bull market recovery in the future, does your financial advisor have portfolio contingency plans should another five-year 75% bear market then express itself into the 2020 timeframe?

Did you or your advisor have such contingency assurances in place at the peak of dot.com mania, or at the subsequent failure of the 2007 top? If the answer is no to any of these questions, it is time to take full responsibility, pull yourself up by the bootstraps, get on the ball, and stay there.

Assurance and Accountability

At Elliott Wave Technology, we maintain and exercise permanent contingency plans for every possible market outcome. Should the above what-if scenario play out, we are prepared to profit from it. Should the market suddenly skyrocket back up to 5000 and beyond, we have similar contingency plans to join in such a party.

There is simply no excuse for any individual or advisor not to get out of the way, or fail to participate in major bull or bear market events. Unless an advisor or manager is unfairly constrained to a fully invested long-only protocol, benchmark comparisons highlighting losses less than those of the broad market do not provide an acceptable level of accountability for failure to take prudential action.

Bottom line - Be Ready for EVERYTHING

At the end of the day, each individual investor is responsible for his or her own funds, and to whom he or she entrusts to manage those funds. The first order of the day should be “do no harm”, meaning that whatever you do, do not lose substantial amounts of money over relevant timeframes. The second order is to grow, protect, and preserve speculative capital in a prudential and consistent manner.

Power to the People

When it comes to the major broad market indices, Elliott Wave Technology is ready for EVERYTHING, are you? Bear in mind, we do not make millions managing funds, but instead are modestly compensated for providing an efficiently organized impartial framework from which self-directed investors can get the job done right by themselves.

Assuring Safe and Profitable Outcomes

In sum, we believe ourselves to be the “Simplicity Experts” in navigation amid broad financial markets. Our well-organized visual approach in chart presentation incorporates a disciplined blend of technical best practices. This presentation framework enables us to translate, organize, and simplify the otherwise complex, and extraordinarily challenging tasks inherent in navigating safely throughout the entire speculative process. The result is our NEAR TERM OUTLOOK , a simple but comprehensive trading publication, which provides clients with prudently actionable speculative guidance amid all time horizons.

Trade the Supercycle IV -Wave

The express focus of Elliott Wave Technology's Near Term Outlook is to help active traders anticipate price direction and amplitude of broad market indices over the short, intermediate, and long-term.

Communications ‘09: To more effectively convey dynamic trading conditions relevant to our technical publications; we have recently launched complimentary E-briefings for anyone interested in following our work. E-brief dispatches will summarize current market conditions and tactical trading postures across various time horizons and trading strategies. Those interested can obtain free-inclusion from the sign-up block on our homepage.

Trade Better / Invest Smarter...

By Joseph Russo
Chief Editor and Technical Analyst
Elliott Wave Technology
Email Author

Copyright © 2009 Elliott Wave Technology. All Rights Reserved.
Joseph Russo, presently the Publisher and Chief Market analyst for Elliott Wave Technology, has been studying Elliott Wave Theory, and the Technical Analysis of Financial Markets since 1991 and currently maintains active member status in the "Market Technicians Association." Joe continues to expand his body of knowledge through the MTA's accredited CMT program.

Joseph Russo Archive

© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in