European Debt: An Elliott Wave Perspective

All Entries Tagged With: "goldman sachs"

New Video: How you SHOULD have traded Goldman

Goldman Sachs (NYSE_GS) declared record earnings of $3.4 billion for the three months prior to June, only months after it accepted government assistance. My gut reaction is how can an institution that so embodies Wall Street be making so much money as if the credit crisis never happened. In today’s short video Adam analyzes the [...]

July 24, 2009 at 12:00 pm | Trade Artist | Comments 0

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$SPY Elliott Wave Update for Monday 7/13/2009

I revised the wave count slightly which gives the recent C wave a little bit more room to rise. My main reason for doing so is because it appears we are tracing out a 3-3-5 corrective flat which is always countertrend meaning the next big move should be five waves to the downside. Goldman Sachs [...]

July 13, 2009 at 10:31 pm | Trade Artist | Comments 2

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Inflation becomes one of the most important psychological aids to an economic policy which tries to camouflage its effects. In this sense, it may be described as a tool of antidemocratic policy. By deceiving public opinion, it permits a system of government to continue which would have no hope of receiving the approval of the people if conditions were frankly explained to them. — Ludwig von Mises
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