The Elliott Wave Principle is based on the concept that stock market prices rise and fall in patterns which can be linked together into waves. It is examined here as an analytical tool which describes how the stock market behaves, and forecasts future trends.

"This is a definitive, excellent book on Elliott, and I recommend it to all who have an interest in the Wave Principle."
— Richard Russell, Dow Theory Letters

"Gold and Silver Today wholeheartedly endorses this book. It is the definitive work on a scientific wave theory of human experience. If you are interested in technical or wave analysis, it should be required reading."
—Gold & Silver Today

"This book is extremely well done. It is clear, brief and bold...by far the most useful and comprehensive for both the beginner and the veteran."
—William Dilanni, Wellington Mgmt. Co.

"An outstanding job...I don't think a better basic handbook of Elliott Wave theory could be written."
—Donald J. Hoppe, Business and Investment Analysis

"...A top-drawer reference for serious technical analysts....all the nuts and bolts necessary to do their own Elliott Wave assembly."
—Futures Magazine

"Chapter Three is the best description of Fibonacci numbers we've seen in print and that alone is worth the price of the book."
—Janes Dines, The Dines Letter

"In a third of a lifetime in this business, this was the first time I really understood Elliott, and this is certainly the first book on Elliott that I could recommend. All the methods that Prechter has used so successfully are fully described in this book."
—The Professional Investor

"Elliott Wave Principle is such an important, fascinating, even mind-bending work, we are convinced that it should be read by and and every serious student of the market, be they fundamentalist or technician, dealing in stocks, bonds or commodities."
—Market Decisions

"Even allowing for minor stumbles, that 1978 prediction must go down as the most remarkable stick market prediction of all time."
—James W. Cowan, Monitor Money Review; Recipient of the Technical Analysis Association's Award of Excellence