posted 02-12-2001 00:45            

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Litt info om boken :
Boken tar for seg Elliott Wave (EW) prinsipper med 5 bølger opp og 3 ned. Psykologien bak dette beskrives, hvilken bølge er sterkeste (nr 3) og til hvilke nivå skjer som oftest korreksjoner(Fibonacci-tall) (side 77 og utover forklarer teorien bra). Grafene i boken er både 60-min, dag og historiske. Bl.a. chart over hele 1900-tallet, vi nevner også 8-års- og 16-års-bølger. EW og grafene passer både for tradere og mere makro-folk.

Forfatterene er guruer innen emnet siden 1970-tallet. Prechter ble i 1989 utnevnt til "Guru of the Decade" av Financial News Network. I 1984 satte Prechter "all time record" i "United States Trading Championship" med en avkastning på 444,4% over en 4 måneders konkurranseperiode.

Denne boken gir en meget fin beskrivelse av gruppepsykologi i aksjemarket og dertil bevegelser i aksjekurser.

[This message has been edited by Aksjeinfo1 (edited 02-12-2001).]

posted 02-12-2001 17:16            

Litt omtale av boken på EWI sine sider :
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Read the Book that Forecasted the
LIFT-OFF of a Great Bull Market!

Remember when the Dow was at 790? If so, you’re remembering a date over 20 years ago. As the Dow was scraping bottom in late 1978, Robert Prechter and A. J. Frost resurrected an investment method that was spiraling into obscurity.

When Prechter and Frost released Elliott Wave Principle, reviewers immediately hailed it "the definitive textbook on the Wave Principle." But the book was more than that. In one of the most incredibly accurate predictions in financial history, it also forecasted the lift-off of the greatest bull market in the twentieth century.

Fast forward to today.

Now Elliott Wave International is proud to release the special 20th anniversary edition of this investment classic. Complete with a special foreword and refined text, this new edition is designed to delight the Elliott Wave novice, as well as the veteran. Don’t worry, though. We’ve still maintained the essential writings of the book, including:

The basic tenets of wave theory: Simple explanations of the terms, and how to identify all 13 waves that can occur in market price movements.

The rules and guidelines of wave analysis: Basics of counting waves, how to recognize the "right look" of a wave, plus lots of simple steps for applying the rules.

The scientific background of the Wave Principle: How you can see it in nature and the universe, in art and mathematics, even in the shape of the human body.

Long term waves: How the Wave Principle unlocks human history, from the fall of the Roman Empire through the Middle Ages into the financial upheavals of the 20th Century. ( http://www.elliottwave.com/More_Info/ewp.htm )
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Tibakemeldinger fra lesere :
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"Thank you for your very astute observations and terrific reports. I am also a very difficult man to convince (not wishy-washy) ... but you changed my opinion of your work and the Elliott Wave principles and previous work of Ralph Elliott." -R.T.

"Anyone interested in Elliott wave analysis should read R.N.Elliott's Masterworks and Elliott Wave Principle. Both books are written in an easy-to-understand style, though you will probably find it necessary to reread some portions a few times to fully comprehend the many forms corrective waves can have. Don't skip anything. Every little nuance of the method is important. Reading the books is the easy part. The difficulty comes in learning to apply the methods in real-time trading. Elliott wave analysis looks deceptively simple and that is one of the biggest shortcomings. Proper application takes lots of practice." - R.P.B., Utah

"I wanted to tell you how much I enjoy studying the Wave Principle and your work. I received a copy of At the Crest and was thoroughly fascinated. I have since read Elliott Wave Principle and I just finished Prechter’s Perspective this weekend. In just a few short months, the Wave Principle has completely changed my life." -T.H.

"The Elliott Wave Principle, by Robert Prechter, Jr. and A.J. Frost, is a perennial best-seller. The Elliott Wave Principle is an extremely interesting technical analysis approach, which is based on the principle that all investment market moves can be divided into waves. The length of the waves have certain numerical relationships to each other that are Fibonacci ratios."

"Although any theory or analysis is based on human interpretations and is thus imperfect, the numerical relationships in an Elliott Wave pattern are incredible and disprove the old Wall Street wisdom of the "random walk." There is nothing random in the investment markets."

"My friend Robert Prechter has done an excellent job in his revised edition. I strongly recommend it."

"Those who would like to know more about the person who discovered the Wave Principle, Mr. R. N. Elliott, may also wish to get R.N. Elliott’s Masterworks." -B. D.

"Anyone interested in Elliott wave analysis should read R.N. Elliott’s Masterworks, edited by Robert R. Prechter, Jr. and Elliott Wave Principle by Frost & Prechter. Both books are written in an easy-to-understand style though you will probably find it necessary to reread some portions a few times to fully comprehend the many forms corrective waves can have. Don’t skip anything. Every little nuance of the method is important." -Robert P. Brickey – Scientific Approaches

"I have read almost every book recommended by Richard Russell. The Elliott Wave Principle is, in my opinion, the best of his recommendations." -F.B.

"I purchased the book Elliott Wave Principle in May 1979. I am presently going through it a third time. Thanks for writing such a fine book that I treasure." -S.A.P.

"I’ve studied Elliott’s work for about 10 years and am extremely fascinated by its accuracy. I’ve just finished reading your new book on the Elliott Wave Principle. I feel that you have done a masterful job of discussing Elliott. It’s excellent reading." -G.B.N.

"I have just finished reading the superb book you coauthored with A.J. Frost on the Elliott Wave Theory. It is certainly the most interesting book I have read on not only the market, but of the laws of nature as they have been interpreted via the stock market." -L.N.E.

"Your book was excellent, certainly the clearest exposition of Elliott I have been able to find." -J.W.F.

"I cannot thank you enough for your book. I’m devouring every word of it and your newsletter, trying to learn everything that I can in a hurry. I have become such an Elliott enthusiast that I cannot contain myself!" -M.E.N.

"Your book is sure to become the standard text on the extraordinary findings of R.N. Elliott. I have thumbed it many times and learn or relearn something at each new reading. The "mind wrenching complexity" of Elliott is obviously not defeating you, quite the reverse! The overall result is a great pleasure to read, as well as being of enormous value financially." -L.W.

"I have just received my copy of Elliott Wave Principle and find it to be unquestionably the best book and explanation regarding the works of Elliott that I have ever seen. Congratulations on a fine job." -J.B.B.

"I have enjoyed Mr. Prechter’s books containing the meticulous work that he has done to present Mr. Elliott’s insightful conception of the cosmic forces as they affect the securities markets." -J.C.M.

"I have been a subscriber to the EWT since 1980, and I have followed your market analysis with great interest. I have also ready Mr. Frost’s and your book, EWP, and I believe the Wave Principle to be as useful analytical tool as there could be. -L.C.

"The "Elliott Wave Principle – key to market behavior" is the greatest work of any kind, anywhere. It has helped me abandon speculative stocks tips and stockbroker newsletter recommendations for my own predictions based on the simple wave theory. I am now starting to make money, and I am enjoying the independence and power it has given me…." -J. V.

"Your excellent book "Elliott Wave Principle" was published in Poland (by Wig Press, Warsaw 1999) and became the bible of investments here. I found it as one of the best books about technical analysis that was published in Poland ever." -P. Wasowski, Editor in Chief of Professional Investor

"Congratulations! I just finished reading your book and it was the best book I have ever read. It is truly amazing how structured life really is when one studies it through mass behavior….. When I read the EWP 10 years ago, I had no idea how much of an impact it was going to have on my way of thinking. Thanks again." -Dan Parodi, The Prism Trading Company

"I have recently read and reread the Elliott Wave Principle. I was impressed with the research, and especially thrilled with the excitement of coming into contact with a truly original concept." -M.F.

" The evidence is clear and the Wave Principle is undeniable." - P.B.

"It is a happy coincidence that the first investment book that I read was the Elliott Wave Principle. It is, I believe, largely due to this book that I have made a successful career out of the markets, enabling me to be the first and for a long-time the only analyst to publicly call the start of the 1997 bear market in my country. I survived the Asian crisis relatively unscathed while my fellow 20-something traders went bust. Thank you." –LG

"I've recently finished my third reading of Elliott Wave Principle, and my third reading of At the Crest of the Tidal Wave. I would like to thank Bob Prechter for maintaining the courage of his convictions and maintaining his discipline throughout the period when the conventional investment community scoffed at his conclusions. I personally owe a debt of gratitude to Bob that is enormous, he has allowed me to understand not only what is happening, but why. Thank you very much." –B.B.
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[This message has been edited by Aksjeinfo1 (edited 02-12-2001).]

posted 28-06-2003 17:56            

Stikkord : opsjonskonto, 4 mnd., 200 trades, 50% stop-loss.
Datidens kurtasje gjorde at dette i var mulig i praksis da, som Bob sier i ett annet intervju.