Today’s invited guest blogger is Denis Bouchard from Taiwan. Please check out his long-term historic viewpoint on Fibonacci waves and how he comes to view today’s market. Feel free to comment  on this blog.

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Elliott Wave Insights, Part IV The End of a Six Thousand Year Elliott Wave Cycle

It has been several years since Elliott Wave Insights, Part III was published. With the major markets near the cusp of a directional change, the present is a very appropriate time to take several steps back and consider the overall picture of the wave pattern. A bird’s eye view of Elliott Waves from the beginning of human history may give us insights as to what lies ahead.

Strictly speaking the earliest stock market records are to be found in

“Work eight hours and sleep eight hours and make sure that they are not the same hours.”

– T. Boone Pickens

Inflation can do tricky things to markets. It creates distortions. In those distortions, an intrepid investor can find some big moneymaking ideas. I think we’ve got one opening up in oil and gas, and it is not without precedent in financial markets. In fact, it’s starting to look a little like the tail end of the 1970s in some respects.

In the spring of 1969, the Dow Jones industrial average stood at 969. By 1982, the Dow hit 1,071. That’s thirteen years of going nowhere. (We’ve had 10 years or so of going nowhere, though the ride between the poles has been anything but boring).

The problem is inflation makes that performance

PennyOmega.com Stock Report!

PennyOmega.com Hot Stock News & Alerts!

Friday August 21, 2009

PennyOmega.com Stock Report!

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AURUS CORP. (PINKSHEETS: AURC) presents the new President of the company, Lvov Andrey Jurevich, born in 1956, Irkutsk, Russian Federation. He received his higher education at the Irkutsk’ polytechnic institute in 1978. He has 26 years of operational experience in gold mining. He started as a simple jigger of the gold mining team and later became crew chief and specialist with the geologist responsibilities. He also worked as the chief of the gold mining site, “Majorych,” in the Magadan area. Now he is also the General director of the company “RemBurStroj.”

Deep Down, Inc. (OTC Bulletin Board: DPDW) announced today

Savoy Energy Corporation, an independent oil and gas company based in Houston, recently announced three new appointments to its Board of Directors. All have extensive experience in their individual fields, and are scheduled to fill the positions until the next regularly scheduled shareholder meeting, at which time they can be voted on by voting shareholders.

• William F. Howell has 47 years of oil and gas experience, both onshore and offshore, and has worked as a geologist in Oklahoma, Texas, the Gulf of Mexico, and overseas in Libya. He began his career as an exploration geologist at Continental Oil Company for 13 years, followed by 6 years as Gulf Coast Exploration Manager for Mesa Petroleum where he originated prospects and organized a bidding group for the Gulf of Mexico Shelf Exploration. He founded Paragon Petroleum in 1978, where he still serves, and was

Midex Gold Corp. is working to take advantage of Tanzania’s rich mineral resources. The company is developing a select portfolio of near-term gold and diamond production projects. As an OTCBB-traded enterprise, they are poised to identify key mining concession targets that are ready for development. The company has a network of strategic relationships with senior mining professionals and government officials in Tanzania.

Midex Gold Corp.’s major property is the Magembe Property. The Magembe Property Project is a diamond exploration target, and is part of a two-kilometer buffer zone created to surround the Williamson Mine (aka Mwadui) when it underwent development in the 1940s and 50s. The formation of this buffer zone was to prohibit the mining of near-surface diamond deposits in the area immediately adjacent to the mining operation. In 2003, the Mining Act was reformed, and Midex Corp. acquired the property in 2009. Canadian geologist Dr. John Williamson

Today, Savoy Energy Corp. announced that on June 25, 2009 the Board of Directors of the company appointed Mr. William F. Howell, Mr. Raymond A. Crabbe, and Mr. Charles J. Jacobus to the Board of Directors. All three will remain in their newly appointed positions until the next regularly scheduled shareholder meeting at which time they may stand for re-election.

Mr. William Howell’s oil and gas experience spans nearly 50 years, both onshore and offshore. He has worked as a geologist domestically in Oklahoma, Texas and the Gulf of Mexico as well as internationally in Libya. Mr. Howell’s previous experience includes 13 years (1955 – 1968) as an exploration geologist at Continental Oil Company, 6 years (1968 – 1974) as Gulf Coast Exploration Manager for Mesa Petroleum, originating prospects and organizing a bidding group for participation in the Gulf of Mexico Shelf