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Elliot Wave Principle: Key to Stock Market Profits
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The book by R. Prechter and A. Frost is a Wall Street classic, translated into the 20th edition. Largely due to the book by Prechter and Frost, most of today's professional investors, traders and analysts are familiar with Elliott's theory and use it in practice. While researching financial markets, Ralph Nelson Elliott found that their prices move in recognizable patterns. He named, defined and illustrated these patterns.