The U.S. stock market is currently in a highly unpredictable phase
Aliso Viejo, CA (PRWEB) March 30, 2010
In this audio interview, Stock Market Predictions 2010: An Interview With Glenn Neely, NEoWave founder Glenn Neely discusses the limitations of Wave Theory in the U.S. stock market's current phase of pattern development and how it impacts trading strategies and risk management.
In this first part of his interview series entitled "Trading Strategies for Unpredictable Markets", Neely reveals that the U.S. stock market has entered the center of a 20-year correction, and he discusses what this means to traders and investors. Glenn Neely's unique NEoWave technology explains how all markets experience phases of specific predictability, general predictability, and unpredictability. "The U.S. stock market is currently in a highly unpredictable phase," says Neely. "In fact, market predictions in 2010 - and for the next several years - will continue to be extremely challenging. This is an unavoidable phenomenon, which makes trading at this time more difficult and dangerous."
Click to hear Glenn Neely's 14-minute interview, recorded on February 25, 2010: Neely Stock Market Predictions 2010. In the next interview of this series, Neely will introduce the fundamentals of his revolutionary Neely River Technology, which provides a behavioral framework for traders to better deal with the randomness of price fluctuations in unpredictable market environments.
About Glenn Neely and NEoWave Institute
Glenn Neely, who is internationally regarded as the premier Elliott Wave analyst, founded the Elliott Wave Institute in 1983. In 1990, Neely published his advanced Wave analysis process in his now-classic book, Mastering Elliott Wave. In 2000, Neely changed the name of his research and advisory firm to NEoWave Institute to differentiate his scientific Wave analysis technology from orthodox, subjective Elliott Wave analysis, which is frequently nebulous, inaccurate, and constantly fluid.
What is Elliott Wave? In the early 1930s, Ralph Nelson Elliott presented his theory of market behavior, which quantifies each stage of an economic cycle into specific patterns of mass psychology. Glenn Neely has devoted more than 25 years to mastering and advancing the concepts of Wave theory. Neely refined Elliott Wave theory to make it objective, practical, and consistently accurate, producing his now-famous NEoWave technology. This precise, step-by-step assessment of market structure leads to low-risk, high-profit investing and trading. Orthodox Elliott Wave, devoid of such technology and rules, typically leaves the analyst with ambiguous interpretations, seriously flawed results, and dual-directional forecasts.
Today, decades after R.N. Elliott penned his original theory, countless investors and traders trust Neely's revolutionary, step-by-step NEoWave approach to market analysis. Devotees of NEoWave Institute and Glenn Neely are reaping the rewards of low-risk, high-profit investing. Learn more about Glenn Neely and NEoWave Institute at http://www.NEoWave.com.