Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $19,709
24%  
Woo hoo!! And we're now over 24%!! Thank you all very much!! God bless.

Keyword: elliottwave

Brevity: Headers | « Text »
  • RED ALERT — Get ready for a 'severe fall' in the stock market, HSBC says

    10/12/2016 6:49:29 PM PDT · by Enlightened1 · 49 replies
    Business Insider ^ | 10/12/16 | Bob Bryan
    HSBC's technical-analysis team has thrown up the ultimate warning signal. In a note to clients released Wednesday, Murray Gunn, the head of technical analysis for HSBC, said he had become on "RED ALERT" for an imminent sell-off in stocks given the price action over the past few weeks. Gunn uses a type of technical analysis called the Elliott Wave Principle, which tracks alternating patterns in the stock market to discern investors' behavior and possible next moves. In late September, Gunn said the stock market's moves looked eerily similar to those just before the 1987 stock market crash. Citi's Tom Fitzpatrick...