In this presentation, Robert Prechter walks you through the most important stock market junctures since the Great Depression. You see exactly – word for word – what Elliott wave forecasters published right around the time of each historic turning point and how the forecasts played out in real time.
In this one-hour presentation, recorded at the 2010 Legends of Trading Forum in Chicago, Robert Prechter makes a compelling case for why you should use the Elliott wave model. Prechter goes beyond theory and walks you through histories of actual, real-time Elliott wave application to show you the forecasting power of the Wave Principle.
Along the way, you'll learn the thought process that makes for a successful market forecast – and how to put those forecasts into action. You'll see dozens of unique charts and figures that put mass investor psychology into historical perspective. You'll find yourself watching this presentation again and again to better understand the Elliott wave model and its application.
Robert Prechter began his professional career in 1975 as a Technical Market Specialist with the Merrill Lynch Market Analysis Department in New York. He has been publishing The Elliott Wave Theorist since 1979 and is the president of Elliott Wave International. He is also founder of the Socionomics Institute, which studies social mood and its impact on social action, including the stock market and the economy.