The Elliott Wave Principle is a detailed description of how groups of people behave.
It reveals that mass psychology swings from pessimism to optimism and back in a
natural sequence, creating specific and measurable patterns. One of the easiest
places to see this phenomenon at work is in the financial markets, where changing
investor psychology is recorded via price movements. Price charts are said to develop
wave patterns in a series of what are called impulse and corrective waves, as in
the example below.
See below for your FREE book..."The Elliott Wave Principle: Key to Market Behavior
". The Elliott Wave Principle is named for its discoverer, Ralph Nelson Elliott.
Mr. Elliott completed the bulk of his work on the Principle in the 1930s and 1940s.
Today, the Principle is one of the most widely accepted methods of market analysis
in the world.
and fund a trading account (write on your application, "please send me the Elliott
Wave Principle advertised on your web site") and receive one of Robert Prechter's
clasic texts entitled, "The Elliott Wave Principle: Key to Market Behavior ". Developed
by Ralph Nelson Elliott in the 1930s and '40s, the Elliott Wave Principle is a powerful
analytical tool for forecasting market behavior. In the years since it was first
published, this classic guide to the Elliott Wave Principle has acquired a cult
status among technical analysts, worldwide. With each new edition, the authors have
refined and enhanced the principle, while retaining all the predictions from past
editions. This edition of the classic text clearly describes Elliott Wave theory
and applications, and includes the authors' latest forecasts, including their prediction
of the great bear market to follow the past decade's bull market.