by Ramki | Feb 14, 2012 | US Stocks outlook
I thought it might be a good idea to present Elliott Wave analysis of Verizon Communications as this stock has come to the attention of some investment managers, possibly because of roll out and quality of its FiOS fiber-optic product (in addition to the company’s...
by Ramki | Feb 13, 2012 | Indian Stocks Trading
Elliott Wave analysis of Wipro (WIT) should have warned you that the stock was close to a near term top. A five wave move was completed at 450.45 on Feb 10th, and the Goldman Sachs downgrade was the trigger for the ordinary investor to sell. But as you are a believer...
by Ramki | Feb 12, 2012 | Saudi
Saudi Arabia’s TASI indexMy last Elliott Wave analysis of Saudi Arabia’s TASI index was back in July 2011, and a lot has happened since then. The index has powered ahead from a low of 5795 posted in August 2011 to the current level of 6780, a handsome 17% gain....
by Ramki | Jan 29, 2012 | Indian Stocks Trading
This post seeks to illustrate how to trade using Elliott Waves. My goal is not to give you a comprehensive answer to this question, but to show you how to deal with a move that is happening. The Indian markets have been moving nicely higher in recent weeks, and I am...
by Ramki | Jan 26, 2012 | S&P500
The current rally in the S&P500 index looks powerful, and this should make people wonder about the medim term outlook for the US stock market. Readers might remember my post of 16 December 2011 where I suggested that we will probably see one strong rally in the...
by Ramki | Jan 20, 2012 | Indian Stocks Trading
On January 10, I had suggested that Bajaj Auto appeared to be a good candidate that could go against the gathering bullishness in the overall market. The speed of the recovery in this stock is unsettling, and I have clearly become over confident about the prospect on...
