Remember when the Dow was at
790? If so, you’re remembering a date over 20 years ago. As the Dow
was scraping bottom in late 1978, Robert Prechter and A. J. Frost
resurrected an investment method that was spiraling into obscurity.
When Prechter and Frost
released Elliott Wave Principle, reviewers immediately hailed
it "the definitive textbook on the Wave Principle." But the book was
more than that. In one of the most incredibly accurate predictions in
financial history, it also forecasted the lift-off of the greatest
bull market in the twentieth century.
1.) The basic tenets
of wave theory: Simple explanations of the terms, and how to
identify all 13 waves that can occur in market price movements.
2.) The rules and
guidelines of wave analysis: Basics of counting waves, how to
recognize the "right look" of a wave, plus lots of simple steps for
applying the rules.
3.) 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.
4.) Long term waves:
How the Wave Principle unlocks human history, from the fall of the
Roman Empire through the Middle Ages into the financial upheavals of
the 20th Century.