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October 3, 2008 - This year, NEoWave Institute celebrates 25 years in business, an extraordinary accomplishment for any company, especially one in the futures business. For more than two decades, Glenn Neely, founder of NEoWave Institute, has provided NEoWave market analysis, forecasts and alerts to thousands of investors and traders around the world to earn more and protect their investments from volatile markets.
Neely, the internationally recognized Elliott Wave expert who can legitimately boast the most accurate forecasting track record, founded the Elliott Wave Institute in 1983. Twenty years ago, in 1990, Neely presented to the world an advanced Wave analysis process in his now-classic book, Mastering Elliott Wave. In 2000, Neely changed the name of his research and advisory firm to NEoWave Institute to differentiate his scientific Wave analysis technology from orthodox, subjective Elliott Wave analysis, which is frequently nebulous, inaccurate, and constantly fluid.
Two recent NEoWave forecasts, below, stand out and highlight the accuracy of this scientific, proven method.
1. NEoWave analysis enables Neely to state and publicly warn of impending major market and economic downturn.
June 6, 2008, forecast: "... Today's decline in the Dow, S&P and Nasdaq is warning PHASE 2 of the Bear market has begun or will begin in the next 3-6 weeks. This bear market will be like NOTHING we have experienced in 75 years! The odds are HIGH it will be a severe, deflationary recession that will unfold very swiftly - probably in just 6-12 months ... Financially and economically speaking, there will be few places to hide. Please prepare as well as you can for what should be 2-4 years of very difficult economic conditions."
Outcome: In recent days, only 3 months after Neely published his warning, U.S. stock markets have fallen precipitously with dire news of bankrupt titanic financial corporations and the U.S. government's impending $700 billion bailout.
2. Glenn Neely predicts the Gold market will rally. Within months, Gold hit historic highs.
Summer 2007 forecast: Throughout last summer, with Gold trading below $650, Neely advised subscribers of the major advance that was about to begin in the Gold market. Neely's forecast called for a $200 rally within the next few months.
Outcome: On November 9, 2007, the Gold market peaked at $847.60 per ounce, up 25% for the year. The August 25, 2008, release of Timer Digest shows NEoWave Gold Trading service as the most profitable service of its kind in the United States for the last 12 months.
