Tag: robert prechterSort
The Elliott Wave International Argument: A Critical Analysis of Robert Prechter and EWI (Part 2)
In the first installment of this series )http://www.thebullbear.com/profiles/blogs/the-ewi-argument-a-critica), I examined Robert Prechter and Elliott Wave International's current wave analysis and proposed some alternate views. In this segment I will examine EWI's market timing record. First, I'll run down the history of EWI's market calls from March 2009 to present.
Of all the belief systems of Wall Street, few can claim the devoted following of the Efficient Market Hypothesis, the idea that stock prices adhere to the same laws of supply-and-demand that govern retail products. Once coined the theoretical "Parthenon" of economics, this notion has consistently endured the test of time ----- until now.
What You Can Learn From a Multi-Millionaire Who Understood Market Psychology
Individual Investors Have Jumped Into Another Fire
The following article is adapted from a special report on "Popular Culture and the Stock Market" published by Robert Prechter, founder and CEO of the technical analysis and research firm Elliott Wave International. Although originally published in 1985, "Popular Culture and the Stock Market" is so timeless and relevant that USA Today covered its insights in a recent Nov. 2009 article.