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| '''Robert R. Prechter, Jr., CMT''', is founder and president of , the world’s 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 analysis for institutions on every major financial market in the world. Bob has written 13 books on finance, most notably the two-volume set, . His recent title, , was a New York Times best-seller. In 1999, Bob received the CSTA’s 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. Recently Prechter has made presentations on his socionomic theory to ], ], SUNY, the London School of Economics and academic conferences. | '''Robert R. Prechter, Jr., CMT''', is founder and president of , the world’s 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 analysis for institutions on every major financial market in the world. Bob has written 13 books on finance, most notably the two-volume set, . His recent title, , was a New York Times best-seller. In 1999, Bob received the CSTA’s 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. Recently Prechter has made presentations on his socionomic theory to ], ], SUNY, the London School of Economics and academic conferences. | ||
| ==Retirement== | |||
| On 4 May 2006, it was reported on various internet bulletin boards that Robert Prechter would be retiring after a long a controversial career from the company he founded, Elliott Wave International (EWI), along with his long-term co-worker Steven Hochberg. The story has it that he will cease writing on the markets and instead focus on Socionomics. Reports from within EWI say that Mr. Prechter thinks that it would be unethical to keep writing about the stock market after he has been bearish for almost 2 decades. As yet unconfirmed is whether he is turning overall bullish, having had his Grand Supercycle bear market thesis tested to the limit. | |||
| ==External Links== | |||
| * Commentary at | |||
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Revision as of 20:30, 4 May 2006
Robert R. Prechter, Jr., CMT, is founder and president of Elliott Wave International, the world’s 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 analysis for institutions on every major financial market in the world. Bob has written 13 books on finance, most notably the two-volume set, Socionomics – The Science of History and Social Prediction. His recent 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 CSTA’s 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. Recently Prechter has made presentations on his socionomic theory to MIT, Georgia Tech, SUNY, the London School of Economics and academic conferences.
Retirement
On 4 May 2006, it was reported on various internet bulletin boards that Robert Prechter would be retiring after a long a controversial career from the company he founded, Elliott Wave International (EWI), along with his long-term co-worker Steven Hochberg. The story has it that he will cease writing on the markets and instead focus on Socionomics. Reports from within EWI say that Mr. Prechter thinks that it would be unethical to keep writing about the stock market after he has been bearish for almost 2 decades. As yet unconfirmed is whether he is turning overall bullish, having had his Grand Supercycle bear market thesis tested to the limit.
External Links
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