The Elliott Wave Principle is a detailed description of how groups of people behave. It reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific and measurable patterns.
One of the easiest places to see this phenomenon at work is in the financial markets, where changing investor psychology is recorded in the form of price movements. If you can identify repeating patterns in prices, and figure out where in those repeating patterns we are today, then you can predict where we are going in the future.
Founded in 1979 by Robert R. Prechter Jr., Elliott Wave International is one of the world's largest providers of market research and technical analysis. Its staff of full-time analysts provides global market analysis via electronic on-line services to institutional investors 24 hours a day. Elliott Wave International also provides educational services that include periodic conferences, intensive workshops, video tapes, special reports and books.
