Three decades years ago — 1978 — is one of the last times an investment book was written that is worthy of being called ""classic."" One of the two men who authored that book was a 26 year-old market analyst working at Merrill Lynchs headquarters on Wall Street. The young man had earned a lot of attention in a short time by using a forecasting tool that almost no one had heard of. Yet his market forecasts were startlingly accurate: Robert Prechter was the young mans name, and he used a method called the ""Elliott Wave Principle."" Heres a sample of what youll learn: The basic tenets of Wave Theory: Youll read simple explanations of the terms, and how to identify all 13 waves that can occur in the movement of stock market averages. The rules and guidelines of Wave analysis: Youll learn the basics of counting waves, how to recognize the ""right look"" of a wave, plus lots of simple steps for applying the rules. The scientific background of the Wave Principle: How you can see it in nature and the universe, in art and mathematics, even in the shape of the human body.
