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Q&A With Robert Prechter

Posted by Web Editor on October 6, 2009 under Articles | Be the First to Comment

Q&A With Robert Prechter: Why Technical Analysis Beats Out Fundamental Analysis
October 5, 2009

By Elliott Wave International

As the major stock markets turned down in late 2007 and then started to rally in March 2009, many people who believed in fundamental analysis have begun to question its validity.

Famed technical analyst and Elliott wave expert Robert Prechter has long called for the bear market we are now in the midst of. (He views the rally of 2009 to be a bear-market rally not the beginning of a new bull market.) But over the years, his methods of technical analysis have been criticized. Here are his most succinct arguments as to why wave analysis outdoes competing forms of analysis.

Learn the Wave Principle and Other Forms of Technical Analysis. Elliott Wave International has just released The Ultimate Technical Analysis Handbook. This FREE 50-page ebook is dedicated solely to teaching reformed fundamentals followers to incorporate technical analysis into their own investing decisions. Learn more and download your free copy here.

*****
Excerpted from Prechter’s Perspective, re-issued 2004

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Tags: Elliott Wave, Fundamental Analysis, Interview, Market Forecasting, Technical Analysis, Trading And Investment, Trading Principle, Trading Theory

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