Elliot Wave Principle has won Hard Money Digest's "Award of Excellence" twice and Timer Digest's "Timer of the Year" twice, the only newsletter to do so. In 1984, Mr. Prechter set an all time record in the United States Trading Championship by returning 444.4% in a monitored real-money options account in the four month contest period.
In December 1989, Financial News Network named him "Guru of the Decade". In 1990-1991, Mr. Prechter served as President of the Market Technicians Association in its twenty-first year. --This text refers to an alternate Paperback edition.
From the Back Cover
"This is a definitive, excellent book on Elliott, and I recommend it to all who have an interest in the Wave Principle."
—Richard Russell, Dow Theory Letters
"Gold and Silver Today wholeheartedly endorses this book. It is the definitive work on a scientific wave theory of human experience. If you are interested in technical or wave analysis, it should be required reading."
—Gold & Silver Today
"This book is extremely well done. It is clear, brief and bold...by far the most useful and comprehensive for both the beginner and the veteran."
—William Dilanni, Wellington Mgmt. Co.
"An outstanding job...I don't think a better basic handbook of Elliott Wave theory could be written."
—Donald J. Hoppe, Business and Investment Analysis
"...A top-drawer reference for serious technical analysts....all the nuts and bolts necessary to do their own Elliott Wave assembly."
—Futures Magazine
"Chapter Three is the best description of Fibonacci numbers we've seen in print and that alone is worth the price of the book."
—Janes Dines, The Dines Letter
"In a third of a lifetime in this business, this was the first time I really understood Elliott, and this is certainly the first book on Elliott that I could recommend. All the methods that Prechter has used so successfully are fully described in this book."
—The Professional Investor
"Elliott Wave Principle is such an important, fascinating, even mind-bending work, we are convinced that it should be read by and and every serious student of the market, be they fundamentalist or technician, dealing in stocks, bonds or commodities."
—Market Decisions
"Even allowing for minor stumbles, that 1978 prediction must go down as the most remarkable stick market prediction of all time."
—James W. Cowan, Monitor Money Review; Recipient of the Technical Analysis Association's Award of Excellence
About the Author
Robert R. Prechter, Jr., CMT, is founder and president of Elliott Wave International. He began his professional career in 1975 as a Technical Market Specialist with the Merrill Lynch Market Analysis Department in New York. Bob has been writing market commentary since 1976. He has been publishing The Elliott Wave Theorist, a monthly forecasting publication, since 1979. In 1984, Bob set a record in the options division of the U.S. Trading Championship with a real-money trading account. In December 1989, Financial News Network (now CNBC) named him "Guru of the Decade." Bob served for nine years on the national Board of the Market Technicians Association and in 1990-1991 served as its president. He has served on the board of the Foundation for the Study of Cycles and currently serves on the Advisory Panel of the MTA's Educational Foundation. During the 1990s, Bob expanded his firm to provide round-the-clock analysis on global financial markets. He has written 14 books on finance, beginning with Elliott Wave Principle in 1978. His 2002, Conquer the Crash - You Can Survive and Prosper in a Deflationary Crash and Depression, which predicted the current debt crisis, was a New York Times best-seller. In 1999, Bob received the CSTA's first annual A.J. Frost Memorial Award for Outstanding Contribution to the Development of Technical Analysis. In 2003, received the Traders Library Hall of Fame award. He has been named "one of the premier timers in stock market history" by Timer Digest,"the champion market forecaster" by Fortune magazine, "the world leader in Elliott Wave interpretation" by The Securities Institute, and "the nation's foremost proponent of the Elliott Wave method of forecasting" by The New York Times. Prechter graduated from Yale University in 1971 with a degree in psychology. He served as the 21st president of the Market Technicians Association, and is a member of the Shakespeare Oxford Society and the Triple Nine Society. Visit robertprechter.com.
