Only a Huge Bear Market Can Reverse Today’s Epic Optimism (new Club EWI resource from Steve Hochberg and Pete Kendall)

We have just posted a new article exclusively for Club EWI members. Authored by EWI’s Steve Hochberg and Pete Kendall, the article was excerpted and adapted from the September 2014 Elliott Wave Financial Forecast, published Aug. 29.

Continue reading below, or follow this link to read the full article now »

An Epic Optimism that Can Be Reversed Only by a Huge Bear Market

Recent weeks brought the biggest confrontation with Moscow since the Cold War, a race riot, a new low in the popularity of President Obama and grisly beheadings at the hands of religious terrorists amidst a major re-escalation of the war in Iraq.

If this sounds a lot like 1968, when Russia invaded Czechoslovakia, President Johnson bowed out of the presidential race as his popularity plummeted and the Vietnam war took a decisive turn for the worst, there’s a perfectly logical Wave Principle basis for it; both periods contain…

Follow this link to continue reading the full article now — it’s 100% on us!

P.S. Don’t yet have a Club EWI username and password? No problem! Club EWI is packed with valuable resources, and everything inside is completely free. All you have to do is complete your free profile for immediate access to everything Club EWI has to offer. Complete your free Club EWI profile now.

About the Publisher, Elliott Wave International
Founded in 1979 by Robert R. Prechter Jr., Elliott Wave International (EWI) is the world’s largest market forecasting firm. Its staff of full-time analysts provides 24-hour-a-day market analysis to institutional and private investors around the world.