Elliott Wave Principle: Key to Market Behavior

What people need to be aware of is the complexity of the subject, EWT is not a subject for beginners or passing traders looking for a system that they can get into within 4 weeks and trade with from that point on.

Whilst the book is not written in an easy to follow fashion, choice of words and sentence structure are unusual to say the least, the authors deliver a very full and complete study of a complex subject.

I have a number of books on the subject and whilst I would not say this is the easiest read, for the serious trader, who wants to apply EWT to their TA tool kit, and who wanst to learn the rules and guidelines properly, this is the only book required.

The edition is out of date and with it most of the projections however I know many EWT traders who are very successful from using this book as their start point for the subject.


Up to date Principle - Out of date projections   August 21, 1999
 6 out of 7 found this review helpful

It is a well and systematically written book that leads you through quite complex ideas of Elliott Principle. However forecasts that are completely out of date and proved unsuccessful in the past coupled with a lack of up to date examples are important disadvantages. Personally I think it was the author's mistake to mix the Elliott Principle with his own projections ...


the most difficult-to-read book I've ever incountered   July 6, 1999
 4 out of 8 found this review helpful

I purchased this book 3 years ago. I've since attempted to read it several times but was un able to get past chapter 1 titled "The broad concept". The book now sits in my library the one and only unread material.


Still the best book on the subject   January 25, 1999
 3 out of 4 found this review helpful

While there are many pretenders to the throne of most knowledgeable Elliottician, Bob Prechter has forgotten more than anyone else even knows on the subject. This book is simple to follow. Though some of the nuances are missing, you can always send him an email at his site and he'll give you an answer!


Elliott Wave Principal is an unwelcome addition.   October 25, 1998
 6 out of 6 found this review helpful

The Elliott Wave Principal offers the reader an unclear understanding of the multitude of wave cycles, an unclear application to making investment decisions while it's anniversary addition offers charts with the most recent dated 1982. Clearly, it was a mistake to offer this book to investors and any readers other than theorists who might thrive on an unnecessarily complicated outdated presentation of a system and theory plus out of date documentation with no application to the present. The serious investor is wasting his time with this text. Respectfully, Mark L. Fideler