As Nov. 4 Short Term Update notes, 'the point is that Federal Reserve does not 'control' market…They set one particular short-term interest rate in a bid to facilitate credit. Period. Whether market accepts that credit is solely a function of psychology (social mood), and can be measured by Elliott wave Principle.'

Understanding this prevailing psychology makes all difference in getting ahead of larger trend: Elliott wave analysis will keep you prepared for opportunities and protected from 'pitfalls' in BOTH directions.

(Editor's note: Wondering what IS ahead for economy? Or if current rally is start of a new bull market? Start a risk-free subscription to The Financial Forecast Service and get specific, precise commentary with labeled charts that address those questions directly. Sign up for free updates here: http://www.elliottwaveonline.com/marketreport.htm)

About the Author:

Robert Folsom is the author of "Market Report" weekly update as is an in-demand market analyst for Elliott Wave International.

Q11. What is minimum balance? A. There is no minimum balance and there are no minimum or maximum withdrawal amounts.

Q12. What are running costs? A. Swiss banks typically have premium fees.....but...this Swiss bank has exceptionally low fees - no fees if you have more than 10,000 Swiss francs/US dollars/Euros. Otherwise just 3 Swiss Francs a month.

Q13. How do I access my money? A. You can transfer money in and out of your account to any other account by Wire. You need a bank account in your name to wire into. This is for your own security. Withdrawals are normally credited to your account within 24 to 48 hours depending on time of day your instructions are received. This is not a checking account.

Q14. How long will it take to open an offshore account? A. We can set up an offshore account in 24 to 48 hours.

Q15. What other products are there? A. There are a range of investment products including savings and currency dealing. You can conduct foreign currency transactions between your accounts by logging on and clicking "Buy and Sell Currencies". These transactions are free, and you may conduct as many as you wish.

Q16. How can I pay? A. For more information on how to pay click here

Q17. Which currencies can I pay with? A. At this moment in time we only accept US Dollars, GBP Pounds Sterling and Euros for our services.

Q18. Are there any other fees? A. There are no other opening fees. There are modest fees if you wish to wire funds out of your account ($15 per Wire). There are no running fees if you have more than 10,000 Swiss francs/US dollars/Euros. Otherwise just 3 Swiss Francs a month.

Q19. Can I live outside Switzerland and still have an account? A. Yes. Most countries are approved.

Q20. What is credit rating of bank? A. The bank has been rated by both international rating agency, Dun & Bradstreet (D & B), and Swiss rating agency, Creditreform. Their D & B rating is 3A1, with a score of 96 out of 100 (average banking industry 77). Their Creditreform rating is 190 (100 = highest rating, 600 = lowest rating).

Q21. Can I conduct stock-exchange transactions via bank? A. No

Q22. After I open an account, can I change name of account name? A. For security reasons you cannot change name of account.

Q23. Why do I have to make first deposit with my credit card? A. Swiss banking regulations require positive verification of each customer's identity, and using a credit card helps serve that means. Please note you will need to be a holder of a Visa, Eurocard or Mastercard to order this product

Q24. Why can't I make an opening deposit of more than 50 Swiss francs, 50 Euros, or 50 US Dollars? A. The bank has set these limits in consultation with Swiss Federal Banking Commission for security and regulatory reasons, and to prevent money laundering.

Q25. Will Swiss franc still exist after introduction of Euro in 2002? A. Yes.

Q26. Can I have my salary directly deposited in my Account? A. Yes. Just tell your employer to wire money directly into your Account, using deposit instructions that you will be given.

Q27. Is it possible to use Account for loans? Can I go into debit on my Account? A. No. you can only withdraw up to amount of your current credit balance on your Account.

Q28. Can I use an Account to pay my bills? A. No. Accounts are not intended for bill paying. You can transfer money only into one of your Withdrawal Accounts (an account in your name at another bank). You should consider this Swiss gem a nest egg account.

Q29. Why can't I send a check or cash? A. The bank doesn't accept checks or cash in order to keep their costs low and therefore be able to offer you attractive interest rates and advantageous conditions.

Q30. Do I have to visit bank? A. New Swiss banking regulations that came into effect July 1, 2001, require customers to appear at bank in person to verify their identity within three months of exceeding an account balance of 500,000 Swiss francs or equivalent, or depositing a cumulative amount of more than 500,000 within time period of one month.

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