R.N. Elliott's Masterworks: The Definitive Collection [Hardcover]

R. N. Elliott (Author), Robert R. Prechter (Author), Jr. (Author), Robert R. (Editor), Jr. Prechter (Editor)

Book Description

Publication Date: September 1, 1994

Presents three ground-breaking works in which Elliott first described his discoveries to the world, plus a detailed biography, rare photos and more. (Hardback, 308 pp.).

Product Details

• Hardcover: 308 pages
• Publisher: New Classics Library.; 1st edition (September 1, 1994)
• Language: English
• ISBN-10: 0932750370
• ISBN-13: 978-0932750372
• Product Dimensions: 11 x 6.4 x 1.1 inches
• Shipping Weight: 1.6 pounds
• Average Customer Review: 4.6 out of 5 stars  See all reviews (5 customer reviews)
• Amazon Best Sellers Rank: #1,431,868 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

26 of 28 people found the following review helpful:

4.0 out of 5 stars Elliot Wave Theory explains most Stock Market Behavior, January 28, 1999

By A Customer

This review is from: R.N. Elliott's Masterworks: The Definitive Collection (Hardcover)

The charts shown in this book are from Elliot's time, namely the depression [ie. the 1930's]. You might think that they have no bearing to today's markets. However, one of the biggest problems with market timing is forecasting a bear market trend; especially a short one. That was my biggest problem with applications involving market behavior analyzed as Elliot waves. This book helps solve that problem by helping the technician analyze long bear market trends where wave counting is extremely critical.

The book helped my timing immensely, so that I don't get caught in false bottoms anymore and can recognize the top of markets, especially with respect to stock trading volume. The writer is at his best when relating to the market and analyzing trends. There is a long biography included in this volume, which I found tedious and boring. His analysis does have some contradictions, however, the charts he presents should help anyone with a high school education and good visual skills become a better trader.

18 of 19 people found the following review helpful:

5.0 out of 5 stars Most of you people just don't get it, August 25, 2003

By 

G. Thompson (Missouri, United States) - See all my reviews
(REAL NAME)   

This review is from: R.N. Elliott's Masterworks: The Definitive Collection (Hardcover)

Elliott's Masterworks is an excellent resource for those interested in Elliott Wave, R.N. Elliott himself, and how his knowledge and understanding of this principle progressed and came into being. But if you are interested in learning the Wave Principle itself and do not care much about history and the larger scheme of things, then just read the blue book entitled "Elliott Wave Principle" - it is much more up to date and refined than Elliott's original masterworks. Why? Because by the time Elliott had figured most of the principle out and was in the process of refining it, he was very old and eventually died before really completing it all. Robert Prechter and his team of guys picked up on it later on and "finished" the principle, if you will.

But the biggest problem is...most people just don't "get it"... Elliott Wave and Elliott's findings are SO MUCH MORE than the financial markets. The fundamental discoveries that govern the Wave Principle and thus the behavior of the financial markets are the very same fundamental forces at work throughout the entire universe! Who cares about making a few bucks in the stupid stock market when, if you have a deep understanding of the Wave Principle, Socionomics, and science in general, you can begin to see how everything around us all ties together to form this awesome grand scheme of life and existance. A deep understanding of Elliott Wave and Fibonacci is the key to opening a whole new world of knowledge, application, and the birth of a new science!

3 of 3 people found the following review helpful:

4.0 out of 5 stars Adds depth to your Elliott Wave knowledge, April 17, 2006

By 

Paul M. King "pmkingtrading.com" (Vermont, USA) - See all my reviews
(REAL NAME)   

This review is from: R.N. Elliott's Masterworks: The Definitive Collection (Hardcover)

If you can get past the truly horrible jacket design for this book which is bright yellow and looks like it took about 10 minutes to put together, you will find a very informative insight into the life of R.N. Elliott and the genesis and evolution of his Wave Principle.

The books starts with a brief but worthwhile biography of Elliott which covers his business career as a consultant (who mainly charged out of additional profits generated - how's that for confidence!) and describes exactly how his Wave Principle came about. Although this section does not really tell you anything useful (or new) about the usage and application of the Wave Principle per se, it does give additional supporting 'evidence' for the meticulous and analytical nature of Elliott himself that builds confidence that his methods are at least worthy of investigation.

The middle section of the book is Elliott's Wave Principle as first outlined by the man himself with useful comments and (rare) corrections (where necessary) by Prechter. Even though Elliott's main work has been later extended and refined by others, it is still informative to see the 'definitive' version direct from the source along with practical application.

The remainder of the book presents articles and essays written by Elliott and gives some background about the underlying fundamental laws of nature and the universe that support the Wave Principle. This section includes many useful perspectives and ideas and is good fuel for further study. I think Elliott himself would have been pleased with the completeness and thoroughness of this book with the only main caveat being the amateurish jacket design.