September 16th, 2008. I don't like to brag but lately too many traders have been getting hurt in the markets and I think it is unfortunate. Today for instance was one of the most volatile days I can remember - AIG opened below $2, a day after a 4% sell off, FED meeting, bankruptcies, well, you know the rest of the story.

As you know I trade all over the place, without stops, indicators or other clutter.

My only tools that are available to everyone are EminiForecaster.com...

EminiForecaster

In another forum that I particiapte in, questions regarding the Elliot Wave Theory arose, so I shared with them an introduction to this particular indicator. I'd like to share it with you as well. It's an AVI file that can be accessed by the link below.

It has been my experience that the trend is your friend, until of course it changes, and so technical indicators can be useful in helping us to understand momentum/trends, and potential trend changes. The Elliot Wave Theory is...

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