Yelnick

Commentary on politics, technology and stock markets guided by Elliott Wave principles. Is Bob Prechter Hari Seldon, and has he invented Psycho-History? Or is Elliot Wave no more than Ptolemaic epicycles? On Cheer's, Cliff Claven said he had an infallible system for predicting the next President, and it could predict all prior elections. His prediction: "Yelnick McWahwah." And yet, Elliott often provides remarkable predictions. Stay tuned.

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Sunday, November 09, 2003
Yelnick has moved!
 
See our new site at http://yelnick.typepad.com.
posted by dd at 11/09/2003 05:37:00 PM

Monday, November 03, 2003
What 7% Growth Means for the Market
 
The STU dropped a mind-bending analysis today.  Guess the last three times we have had 7% GDP growth? 
At the peak in 2000 before the drop,
At the peak in 1987 before the crash, and
Now
Intuitively we think we should be bullish when we see strong growth, but the causality is the other way around: the stock market doesn't rise after strong GDP growth, the stock market rise LEADS to strong GDP growth. 

posted by dd at 11/03/2003 04:54:00 PM

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