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.
Ralph Nelson Elliott (28 July 1871 – 15 January 1948) was an American accountant and author whose study of stock market data led him to develop the Wave Principle, a description of the cyclical nature of trader psychology and a form of technical analysis. It identifies trends and reversals in financial markets. These cyclical patterns in price movements are known among practitioners of the method as Elliott waves.