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February 14, 2018

Three weeks ago, with the US stock market in a parabolic rally, I wrote in my previous letter: "When these moves end, they tend to do it abruptly and harshly. Every parabolic move in history had a nasty ending."

Now that a wild swing in mass psychology has dropped the market more than 10% in a week, fear is dominant. Folks are asking whether this is the end of the bull market and the time to sell everything.

To reduce nervousness and stand apart from mass hysteria it pays to study history. Three historical charts shown below will help us decide what to do next.

Click here to enlarge this chart (only when you're online)

This weekly chart of VIX (the Fear Index), going back to 2008, shows that there is an upsurge of fear every two or three years. The price of fear was under $10 in January, it rocketed to $50 last week, but is already down to $23 as I write this. The chart shows that the market has a spasm of fear once every few years - and then it passes, only to recur a couple of years later.

The decline of over 1,000 points in the Dow reminded me of the Crash of 1987 (lived through it and came out ok), when the Dow lost 500 points, 20% of its value. Take a look at that chart below.

Click here to enlarge this chart (only when you're online)

Click here to


24 webinar recordings for only $179

A great educational tool, a full year of recordings of our exclusive webinars. Roll back the clock, go to the dates that interest you, and see how Dr Elder analyzed that market in real-time. Watch his picks and track them on your screen. Learning from history is a lot cheaper and softer than going to the graduate school of hard knocks.

List price $349, but cut almost in half, to $179 for the next two weeks. Notice also deep price reduction on previous years - $99 for 2015 and 2016, and only $49 for earlier years.

A bonus: receive a complimentary recording of Dr Elder's most recent webinar, given at a crucial market point on February 7 of this year.

List price $349, now only $179 until February 28. To order please click HERE.

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Traders' Education

Online: February 21 at 6pm ET - Webinar - "Current markets with Dr Elder."

Enter Dr. Elder's trading room from your own computer and watch him review stocks and futures. Send your picks to him and ask him to review them. An ongoing bonus for all webinar participants - receive an email each weekend giving you the results of bullish and bearish scans of the S&P500. Click HERE for a complete description.

Class in New York City, February 25, only $49

For the first time in years, Alex & Kerry have scheduled a 3-hour class in New York City. They booked a small theater space in downtown Manhattan for Sunday, February 25, from 2pm to 5pm. Come, take your comfortable seat, watch their presentations, and ask them any questions you may have. Their topics are listed HERE.

Our first Pacific Camp in nearly three years

You are invited to an intensive course that will help you become a disciplined and successful trader. Invest in your own development with a prominent teacher of traders. Dr. Alexander Elder has created a new Camp program, designed to expedite your learning, help you practice your new skills, and save you time and money. He teaches the entire program.

Camp fee is discounted $1,000 per trader, from $4,990 to $3,990, only in January and February. There is an additional $1,000 discount to be shared by two traders registering together. Bonus: free access to Dr Elder's monthly webinars as soon as you register. For details and to join the Camp, please click HERE.
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