by Ramki | Dec 15, 2010 | US Stocks outlook
The outlook for banking giant Credit Suisse ( CS.N) is not as straight forward as that for Citigroup. However, there are plenty of interesting things you can see in the attached chart of Credit Suisse ADR. Clearly, when you get a huge rally in a short period of time,...
by Ramki | Dec 14, 2010 | Soybean Oil
Elliott Wave Analysis is always a work-in-progress. You can’t label a chart and command the market to obey your count! What you should so, instead, is to keep adjusting your count in line with the signals the market sends you. This does not mean a mindless switch from...
by Ramki | Dec 14, 2010 | India
Many readers are asking for the outlook for NIFTY, India’s most watched Stock index. When a huge move in one direction ends, the topping out takes a bit of time. The spotting of the end of the final fifth is usually a challenge. Who doesn’t want to know what the exact...
by Ramki | Dec 14, 2010 | US Stocks outlook
Citigroup stock has been consolidating for over a year, and we have finally got the break to the upside. The outlook for Citi remains positive over the next several months, and I see it eventually reaching $6.38 from the current price of $4.81, thats a cool 30%...
by Ramki | Dec 13, 2010 | Gold
There have been several requests for my outlook on Gold. The attached chart gives you the Elliott Wave Analyst’s view of where the precious metal is likely to go in the coming weeks. As you can see, Gold has experienced a bout of profit-taking at the 300% fibonacci...