This book gives you the real-time analysis and market forecasts from the master himself, R.N. Elliott, with many essays on the applications of the Wave Principle. The letters and essays are extensively footnoted and cross-referenced by Robert Prechter.

See a true master at work

Discover the pioneer of the Wave Principle, R.N. Elliott, through this word-for-word collection of his market letters including the charts he actually used. The material included within this book was virtually unavailable, with the exception of a few, barely legible photocopies, until now. You'll see Elliott's real-time analysis and forecasts of market action from 1938 through 1946, along with numerous essays on the application of the Wave Principle. Plus, commentary throughout the book is extensively footnoted and cross-referenced by Bob Prechter.

About the Author

Robert R. Prechter is known for developing a theory of social causality called socionomics and for his career applying and enhancing the Wave Principle, R.N. Elliott's fractal model of financial pricing. Prechter has made presentations on socionomic theory at the London School of Economics, the University of Oxford, the University of Cambridge, MIT, Trinity College Dublin, Georgia Tech, SUNY and various academic and financial conferences. In 2005, Prechter created the Socionomics Institute, which is dedicated to research and the application of socionomics, and the Socionomics Foundation, which supports academic research in the field. Prechter and colleagues have written several academic papers, including "The Financial/Economic Dichotomy" (2007) and "Social Mood and Presidential Elections" (2012), which became the third most downloaded paper on the Social Science Research Network that year. Prechter graduated from Yale University in 1971, joined the Market Analysis Department of Merrill Lynch in New York in 1975 and founded Elliott Wave International in 1979, where he has published monthly market analysis in The Elliott Wave Theorist. He is a member of the Triple Nine Society and the Shakespeare Oxford Society. Prechter has authored, edited or contributed to 18 books. His latest work, "The Socionomic Theory of Finance," aims to replace conventional financial and macroeconomic theory with an internally and externally consistent paradigm based on socionomics. For more, visit robertprechter.com.

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