Author Information
candleman
Member since 13th June 2008
Occupation: investor; retired attorney and corporate CEO The author is an experienced investor; a retired attorney and corporate CEO; the creator of the "Candelaabra" technical analysis system for use in all financial markets; and has passed the NASD Series 65 Investment Adviser exam. He publishes investment recommendations three times per week to help guide you to profit in the financial markets regardless of the direction of price trend. Find out more about making money in any economic climate. Free information and sample up-to-date recommendations are ready and waiting for you, without any cost or obligation, right here at ====> http://www.candlewave.com
Displaying 1 to 13 (of 13 articles)
30th October 2008
On November 7, 2007, the U.S. Dollar would have bought about 90 Canadian cents. This was a low point in the value of the U.S. Dollar, going back at least as far as 1977. Since last November, the greenback has enjoyed a steady rise in value as against ...
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13th October 2008
The stock market and the major Indexes have taken a terrible beating over the past several days. Investors are at the point of throwing in the towel, which in my estimation would be a mistake now, because our Indicators and the Japanese Candlestick pri...
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22nd September 2008
Gold sallied forth to advance $100 per ounce within the space of two days this week. That left the price bar of Gold, as displayed on a chart, sitting up there all by its lonesome at a closing price of $897 per ounce on Thursday, September 18. We have n...
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16th September 2008
What a frenzy it was! The flashiest analysts in the flashiest Wall Street investment houses were loudly proclaiming the inevitability of Crude Oil prices at $180 and $200 per barrel. It certainly seemed like a sure thing, because the price of Crude had ...
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11th September 2008
I haven’t yet seen any comment on it, but there it is: a Head and Shoulders Top in the Dow Industrials Average. The Daily chart of the Dow shows a clearly identifiable Left Shoulder on July 23, 2000; a Head on August 11, and a Right Shoulder on Septemb...
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11th September 2008
Prices in the S&P 500 and in other major Indexes rose quickly on the day after the government announced that it would take over Freddie Mac and Fannie Mae. Both agencies had been abused for years by top management which, it is now alleged, manipulated th...
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11th September 2008
Traders always look for Good News, or anything that passes for Good News, to justify buying into the market. Certainly, early in September 2009 there had been nothing but a flood of bad news – the housing market continued to deteriorate; employment numb...
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09th September 2008
In November 2006, the price of Wheat began a sustained rise which finally came to a climax in March 2008 after a parabolic upsweep. Since then, prices declined to a low in May 2008 and have bounced up and down, now to a low which is equivalent to the pri...
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02nd September 2008
It is said that a picture is worth a thousand words. That may be understating the case. Political cartoonists continually have a field day with ever-changing subjects – persons seeking political office, the state of the economy, the debacle in the hou...
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02nd September 2008
We’ve had a bit of a respite in the high price of gasoline lately – down to “only” about $3.80 per gallon in my neighborhood as compared to about $4.25 a few weeks ago. Those kinds of numbers are far out of kilter with my own life experience. Wh...
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15th August 2008
Much is written in the standard Japanese Candlestick textbooks about the standard candle patterns and their degree of predictive reliability. Hardly anything is said about variations of those patterns. The reader is left with a dearth of information abo...
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15th August 2008
We often hear of the “Austrian School” of economics, or of the “London School,” or of the “Chicago School.” I would use the word “school” in another sense – identical to a “gaggle,” a “flock,” a “pack,” or a “herd.” Ind...
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24th July 2008
Hundreds of years ago, a rice trader in Japan developed a system of recording the ups and downs of daily prices as rice was bought and sold in the wholesale market – a system which recorded in picture form the underlying psychological inputs which impel...
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