Prior model extremes occurred in March 2000 and October 2007
Elliott Wave International has been providing market analysis for more than four decades which includes many bull/bear market cycles.
That said, the public s current market mindset especially among inexperienced investors is a reminder of the extremes surrounding the 2000 market top, and a few others.
For example, a February 27 MarketWatch headline said:
A new wave of fearless retail investors is ready to pour $170 billion into stocks .
Also, according to an early February Deutsche Bank survey of online brokerage users, 61% are under 34 years of age and 45% are in their first year of investing.
An Invite To The State Of The European Markets econintersect.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from econintersect.com Daily Mail and Mail on Sunday newspapers.
Arafura Resources Limited (ASX:ARU) (OTCMKTS:ARAFF) (FRA:REB) focused its efforts on product offtake and project funding at the Nolans Neodymium-Praseodymium (NdPr) Project during the six months ending December 31, 2020 and in 2021, continued to advance offtake discussions with potential customers.
With the assistance of European advisors, Arafura continues to advance its rare earth product offtake arrangements with parties in Europe, Japan, South Korea, the USA and China, and for phosphoric acid product with parties in India.
There is strong alignment between the Nolans project and the Australian Government’s critical mineral initiatives.
Arafura received strong endorsement of Nolans from the Territory Economic Reconstruction Commission (TERC) to advance debt funding opportunities with EFA and NAIF.
Practical Boat Owner 0shares
How using the wrong toilet roll could be blocking your heads, plus a holding tank air filter, professional grade scrubbing towels and more.
A blocked toilet onboard your boat is to be avoided at all costs and one of the worst culprits is the use of standard toilet paper that contains glue (even the recycled stuff apparently)!
One of the reasons conventional toilet paper is prone to block marine toilets and holding tanks is that most loo roll contains a plastic-based glue.
This is what causes the tendency for it to clump together in a pulp in the toilet pump, pipework or holding tank. It also results in an estimated 20,000 tonnes of glue being flushed down Britain’s toilets each year. And all that plastic will eventually escape to the environment.
No crowd buys stocks of other countries intelligently
Elliott Wave International s 25+ analysts regularly review more than 100+ market indicators to keep subscribers
ahead of major turns.
Many of those are technical indicators. Others are sentiment related.
Let s focus on a key sentiment measure which has a stellar track record. As the book Prechter s Perspective says:
For decades, heavy foreign buying in the U.S. stock market has served as an excellent indicator of major tops.
This indicator also works elsewhere around the globe. For instance, in the late 1980s, after years of indifference, overseas investors became net buyers of Japanese stocks. This occurred right before the zenith of one of the biggest bull markets of all time.