Robert Prechter on King World News | Part 3/4

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 4ZrGHDnLFqA]

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

4 Responses to “Robert Prechter on King World News | Part 3/4”

  1. xtalalx Says:

    Prechter is a …
    Prechter is a genius,
    Frank299 of course he didn’t say it over the TV but he mentioned that to his subscribers. I made over 100% from march low by using Elliott wave analysis and now it’s a good time to SELL and GET OUT.

  2. edmack4me Says:

    Robert the market …
    Robert the market for Gold & Silver etc IS manipulated and has been for years to support US$ fiat currency so your assessments here mean zilch. Don’t you know?

  3. 30percentplusreturns Says:

    I agree with bob …
    I agree with bob that eventually the stock market will collapse but im just not buying that yet. Inflation is insane. Every week I go to my supermarket prices are up. Target and walmart arent bargains anymore. Gas is back up. Cable and car insurance all up. But hey, maybe bob is right. Housing is down. Clothes are much cheaper and if cable got too high I would just cancel it. Who knows. All i know is I own a bunch of physical silver and gold for insurance and I will short stocks to hedge that

  4. frank299 Says:

    Bob turned neutral …
    Bob turned neutral in Feb/March before this big rally. He suggested to cover shorts.
    He did not suggest to buy stocks. He did not suggest to be long in this historic 50% rally in 5 months.

    Media tends to glorify to improve ratings.

Leave a Reply