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Why Are Oil Prices Falling? (Video)
Now that oil is down 25% off its peak, people are asking why are prices falling, and so fast?

by Vadim Pokhlebkin
8/15/2008 8:15:00 PM
Now that oil has taken a 25% dive off that peak (in less than a month!), people are asking – why is the price falling, and so fast? And that's a very good question. Did the global demand for oil suddenly take a u-turn? Is there peace in the Middle East? Have speculators shifted their attention to other markets? Watch this free video for an Elliott wave perspective.
Filed Under: Crude oil, Russia, Georgia, supply shortages, global demand for oil, Baku-Tbilisi-Ceyhan (BTC) pipeline
Category: Energy


Russia: The Bear Growls
Signals from social mood

by Alan Hall
7/25/2008 3:45:00 PM

Today, the Russian RTSI Index took its biggest hit since January 21. It is now down almost 22% from its May 19 high. The surly social mood is steadily worsening, much as we predicted in our November 2007 Global Market Perspective Special Report, Sizing up a Superpower: A Socionomic Study of Russia. The report begins like this: “Our long-term Elliott wave count for the Russian stock market indicates that a major top is imminent.”

Filed Under: socionomics, social mood, Stocks, Russia, xenophobia, Putin
Category: European Markets


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> Why is the U.S. dollar rallying while the U.S. economy is tanking?
> Are reverse mortgages a good strategy in a deflation?
> What business would be good to own in a deflation?
> Socionomically, what movies should be popular going forward?
> Are diamonds and gemstones a good alternative store of value in deflation?
> How do credit unions fare against the best commercial banks?
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> Will the Federal Reserve survive this bear market?
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> Are the government bailout efforts inflationary or deflationary?

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The Elliott Wave Principle is a detailed description of how financial markets behave. The description reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific Elliott wave patterns in price movements. Each pattern has implications regarding the position of the market within its overall progression, past, present and future. The purpose of Elliott Wave International’s market-oriented publications is to outline the progress of markets in terms of the Wave Principle and to educate interested parties in the successful application of the Wave Principle. While a course of conduct regarding investments can be formulated from such application of the Wave Principle, at no time will Elliott Wave International make specific recommendations for any specific person, and at no time may a reader, caller or viewer be justified in inferring that any such advice is intended. Investing carries risk of losses, and trading futures or options is especially risky because these instruments are highly leveraged, and traders can lose more than their initial margin funds. Information provided by Elliott Wave International is expressed in good faith, but it is not guaranteed. The market service that never makes mistakes does not exist. Long-term success trading or investing in the markets demands recognition of the fact that error and uncertainty are part of any effort to assess future probabilities. Please ask your broker or your advisor to explain all risks to you before making any trading and investing decisions.