Robert Prechter on King World News | Part 2/4

Elliott Wave International Founder and CEO Robert Prechter appears regularly on Bloomberg television and has been featured on CNBC and media from around the world. Robert Prechter has written 13 books on finance, beginning with Elliott Wave Principle in 1978, which predicted a 1920s-style stock market boom. His 2002 title, Conquer the Crash, predicted the current crisis. Prechters latest interest is a new approach to social science, which he outlined in Socionomics—the Science of History and Social Prediction published in 2003.

Biography of Robert R. Prechter, Jr.

Robert R. Prechter, Jr., CMT, is founder and president of Elliott Wave International, the worlds largest independent financial forecasting firm. He has been writing market commentary since 1976. In 1984, Bob set a record in the options division of the U.S. Trading Championship with a real-money trading account. In December 1989, Financial News Network (now CNBC) named him “Guru of the Decade.” Bob served for nine years on the national Board of the Market Technicians Association and in 1990-1991 served as its president. During the 1990s, he expanded his firm to provide round-the-clock analysis on global financial markets. Bob has written 13 books on finance, beginning with Elliott Wave Principle in 1978, which predicted a 1920s-style stock market boom. His 2002 title, Conquer the Crash – You Can Survive and Prosper in a Deflationary Crash and Depression, was a New York Times best-seller. In 1999, Bob received the CSTAs first annual A.J. Frost Memorial Award for Outstanding Contribution to the Development of Technical Analysis. In 2003, Traders Library granted him its Hall of Fame award.

Prechters current interest is a new approach to social science, which he outlined in Socionomics—the Science of History and Social Prediction (1999-2003). This two-book set presents a theory of endogenously regulated social mood and its manifestation in social action. In July 2007, The Journal of Behavioral Finance published The Financial/Economic Dichotomy: A Socionomic Perspective, a paper by Prechter and his colleague, Dr. Wayne Parker. Prechter has made presentations on his socionomic theory to the London School of Economics, Georgia Tech, MIT, SUNY and academic conferences. He recently created the Socionomics Institute, which is dedicated to explaining socionomics, and he funds the Socionomics Foundation, which supports academic research in the field.

Prechter attended Yale on a full scholarship. He is a member of the Shakespeare Fellowship, the Shakespeare Oxford Society and the Triple Nine Society.

Duration : 0:10:9


[youtube vEqQ0zOKuhA]

Tags: , , , , , , , , , , , , , , , , , ,

6 Responses to “Robert Prechter on King World News | Part 2/4”

  1. phase57 Says:

    The rich and …
    The rich and powerful will never let the dollar fall. It sustains a debtor system, which makes us all slaves. It is protected by the military and police.
    The Elliot wave has a very impressive record.
    A 5 month rally seems to be reflected in the commodities as well.
    Canned veggies increased prices. Most everything else is coming down.

    50 mil more unemployed, massive personal bankruptcies, homeless everywhere, then the rich move in and buy everything. So, what’s new?
    Politicians are rich too.

  2. edmack4me Says:

    The Media does NOT …
    The Media does NOT reflect the herd but rather the media represents various interests that sell to the herd for which the media receives its income or political influence.
    Therefore it is in the media’s interest to direct the herd to the direction that results in maximum fleecing eg green shoots, etc. Sheeple would be familar and comfortable with this type of language used.

  3. kosai19 Says:

    From what i’ve also …
    From what i’ve also seen the dollar is setting up for a large rally. King World News has been talking about the commitment of traders report that shows heavy commercial interests that are short gold and long the dollar. I think after this rally however we’ll see a crash equal to that of Zimbabwe.

  4. MrBankRuns Says:

    Give me a break, ” …
    Give me a break, “the press reflects what the herd is thinking”? What freaking planet does Prechter live on. The PRESS WORKS FOR THE TRADING HOUSES! They only report to benefit the TRADING HOUSES. There is no free press in this country anymore. The press TELL THE HERD WHAT TO THINK.

  5. herbs814 Says:

    everything makes …
    everything makes sense at the wrong time (herd mentality)

  6. BringBackCapitalism Says:

    Bold Call on the …
    Bold Call on the Dollar for the next 1-2 years. Most are positioning for hyperinflation, you’re right. I’ve taken some chips off the table based on your advice.

Leave a Reply