Video: Warren Buffet's Advice for the Administration

Interesting insights for the administration. He thinks President Obama is the correct person for the job. But probably has to be very careful with some use of words there, stating from his earlier interview.

Just in case you are confused with the sequence of the videos posted, you check the sequence by looking at the time-stamp, on the lower left corner of the video player. It will look like .

Enjoy the video..

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Video: Lesson On Elliott Wave

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Think That Central Banks Move the Markets? Think Again

April 23, 2009 By Mark Galasiewski The following is excerpted from Elliott Wave International’s Global Market Perspective. The full 120-page publication, which features forecasts for every major world market, is available free until April 30. Visit Elliott Wave International to download it free . Conventional wisdom says that central banks can influence or even direct financial markets and the macroeconomy. The very existence of Elliott waves challenges such assumptions. For if markets responded to every central bank directive, how could Elliott waves exist? Parallel trend channels, Fibonacci price relationships, the similarity of form between waves of different sizes and time periods—none of that would be possible. Central bank decisions would have to coincide perfectly with turning points in Elliott waves, and we know that just doesn’t happen. But even without using waves, we can expose the conventional wisdom for the fallacy that it is. Take, for example, this assertion in ...

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