First published in 1978, Elliott Wave Principle is the definitive text designed to help the Elliott wave novice and veteran practitioner alike. This book will teach you the rules and guidelines of the Wave Principle and help you understand how to apply it to any financial market. 37-plus years is enough time for investors to deem a book about an investment method as "classic," and surely the jury is in on this one: Elliott Wave Principle is now published in seven languages, and continues to sell thousands of copies every year. In Europe, Asia and the Americas, literally millions of investors worldwide use or recognize the Elliott Wave method as the road map for how markets behave. "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 & 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 DiIanni, 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 & 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." - James Dines, The Dines Letter "Elliott Wave Principle is simply the best description and validation of a concept which by all rights should be revolutionizing the scientific study of history and sociology." - J.W.G., New York "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 of 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 any and every serious student of the market, be they fundamentalist or technician, dealing in stocks, bonds or commodities." - Market Decision$ Robert R. Prechter, Jr. has edited the monthly Elliott Wave Theorist since 1979 and has published two dozen books and videos on markets and social theory. In 1984, Mr. Prechter set an all-time record in the United States Trading Championship by returning 444.4% in a monitored real-money options account in the four-month contest period.In December 1989, Financial News Network named him "Guru of the Decade." In 1990-1991, Mr. Prechter served as President of the Market Technicians Association, and in 2013, he received the MTA's Annual Award. He serves on the Advisory Board of the MTA Educational Foundation.Mr. Prechter is president of Elliott Wave International (elliottwave.com), which provides monthly and intraday analysis on stock markets, currencies, interest rates, commodities and social trends to institutional and private investors around the world.In pioneering a new theory of social causality called socionomics, Mr. Prechter has written three books on the subject, formed the Socionomics Institute (socionomics.net), hosted an annual Socionomics Summit, and co-authored three academic papers, which may be found on the Social Science Research Network website.Mr. Prechter attended Yale University on a full scholarship and graduated in 1971 with a degree in psychology. He began his career as a Technical Market Specialist with the Merrill Lynch Market Analysis Department in New York, where his original work with the Wave Principle led to a small but loyal following, introduction to A.J. Frost, and ultimately to this book. A.J. Frost, C.F.A., a graduate of Queen's University, Kingston, Ontario, started his career as a legal accountant. He achieved his objective on being admitted to the Ontario Institute of Chartered Accountants in 1934 and on his call to the Ontario Bar in 1937. In 1959, he was elected a Fellow in the Institute for distinguished service to the accountancy profession. He served as Chairman of the National Capital commission (Canada) for two years and later sat on the bench as a member of the Tax Appeal Board, Tax Review Board and Anti-Inflation Appeal Tribunal. He has handed down many decisions in the field of income tax law. During his career, Mr. Frost served on two university councils and the boards of several Canadian corporations. He also worked with the Boy Scouts of Canada for over twenty-five years and was awarded the silver acorn for especially distinguished service to scouting.In 1960, Mr. Frost became a partner of the