Glenn Thompson // Posts published by Glenn Thompson
Action and Reaction
Some things are immutable. The idea that when a force is applied to something, that something in turn applies an equal force but in the opposite direction, being one of them. I don’t need Elliott wave to know that silver prices ascended from March of 1993 to April 2011. From that point a bear market […]
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Time Series Analysis in Market Forecasting
Turbulence is inherently complex. The complexity of financial markets arises due to two factors. First, they are dynamic, and as such are described by more than a single equation. Second, they are nonlinear, which means that whatever equations are involved, they are complicated by the presence of exponents. Furthermore, we don’t even know what the […]
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Markets approach critical point
W.D. Gann stressed the idea that “When time has come, then and only then will a market move”. More deeply his insights point to the equivalency of time and price as superficial markers of energy. Current calculations suggest that time is running out for various financial sectors to reach critical resonance points correlated with directional […]
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Mentoring is integral to success in speculation
First and foremost, trading is a probabilities business. It’s primary component being information. The acquisition of relevant information, and the analytical skills necessary forcorrect interpretation are central to investment success. Like all games, financial speculation has many rules and numerous variables. The challenges peculiar to this business, specifically arise from the fact, that there are […]
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Finding the Market’s Mojo
To follow a trend, once it has begun, or to anticipate a trend in advance of its start, are two opposite approaches that speculators consider. In order to improve my edge, I continually look for ways to reconcile the different analytical types. Curiously, I often use the Elliott Wave Principle to liaison my trend analysis […]
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Will Gold Regain Its Luster ?
Since the bottom at the end of last year, gold prices have been steadily rising. This has prompted much discussion related to a new bull market in the metals having already commenced. My analysis suggests that gold is still in a correction. I might refer to the rally in gold prices since the December 31, […]
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Benefiting from intermarket relationships
A fundamental perspective concerning factors responsible for financial market behavior recognizes the particular sensitivities a given market has to specific fundamental phenomena. A market’s peculiar set of sensitivities, in fact largely distinguish it from an alternate market. Markets that typically trend in the same direction, such as stocks and bonds are positively correlated. Market sectors, such as […]
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Emotional States (Psychology) and Trading
Psychology is the science which studies mental processes and behavior. This discipline may focus on the individual or a group. One such behavior, which individuals and simultaneously as groups humans engage in is trading. I maintain that mass psychology informs and directs individual psychology. All possible mental states, arise from vibration. Accordingly, the serious investor, […]
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Projecting Your Time Targets
Fundamentally, time is the most important factor to financial market analysis. An observance of specific important time periods will enable the observer to anticipate future time points, at which markets are more likely to change their behavior. Consideration of the 90 year cycle is usually a good starting point. The relevancy of this particular amount […]
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Mounting Pressure For A Big Move In Stocks
A number of different time counts specific to the S&P end up between 11/12/13 and 11/14/13. The recent tops of 10/30/13 at 1773.25 and 11/07/13 at 1774.50 are very close to my projected price target of 1778.00. The market’s current price of 1765.00 is very close to where the market closed on Oct. 30, at […]
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