The short answer is everybody. Investors, teachers, community leaders, business owners, corporate CEOs, your mom and dad... Anyone who reads it will find Robert Prechter's Elliott Wave Theorist (EWT) newsletter a life-changing experience.
What is it about? The Elliott Wave Theorist is about the Elliott Wave Principle and how it is applied to the economy, financial markets, nature, socionomics and our lives. The unparalleled insights gained from reading to the EWT newsletter are not available anywhere else because its content is unique.
The Elliott Wave Theorist presents though-provoking evidence of how Elliott Waves depict optimistic social mood, in which an expanding confidence in present conditions is expressed, and as the mood turns, social mood changes to pessimism, to the point where there is a contraction in confidence and its expression.
The primary focus of EWT is to track "intermediate-term patterns in the U.S. markets and forecasts upcoming price movements... in stocks, bonds, metals, the U.S. dollar..." But don't let the financial focus deter you because it also integrates the economic and social trends affecting our culture at large, at the macro level, and you and me, at the micro level. It also includes commentary on behavioral finance, physics, pattern recognition, and socionomics.
Ahead of the twists and turns that affect all of us, from what's unfolding in the U.S. financial markets to what's happening at your very own bank, this revealing newsletter is the best financial and social forecasting publication anywhere. Its content is astute and the relevance universal.
The forecasts in EWT may be of the reversal in a decade long trend of oil or about social change in politics, such as when a president is more likely to be elected for a second term. It also provides detailed technical analysis of specific Elliott Wave patterns found in charts from the Dow Jones to General Motors' stock.
To give you an idea of its forecasting success, while being hated by many bull investors because of its irritating pessimism throughout the late, lamented bull market, the newsletter, was one of the very few to make a forecast of the crash of 2008. Additionally, reading through EWT newsletters from 2003 to 2007 there are many instances that forecast what's has happened and what's exactly happening right now. In other words, Robert Prechter was not only fully aware of what was just around the corner but was also one of only a few forecasters to call the crash.
Think of reading EWT as reading tomorrow's news today. The newsletter is published at least 12 times a year and it is worth every penny. Published by Elliott Wave International, the first issue of the Theorist was published in April 1976 and has been continuously in print since May 1979. Robert Prechter is the publication's editor and main contributor.
The latest Elliott Wave Theorist issue (August 2008) challenges current recovery hype with hard facts and the main point is that the worst is NOT over. But more important, there is advice on what you can do to safeguard your financial future.
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