Boca Raton, FL
Friday, October 6, 2000
We are very pleased to announce our affiliation with Elliott Wave International (EWI). Founded in 1979 by Robert R. Prechter Jr. Elliott Wave International is one of the world's largest providers of market research and technical analysis. Its staff of full-time analysts provides global market analysis via electronic on-line services to institutional investors 24 hours a day. EWI also provides educational services that include periodic conferences, intensive workshops, video tapes, special reports and books. . In 1978, Mr. Prechter co-authored, with A.J. Frost, Elliott Wave Principle - Key To Market Behavior. Over the next two years, he started The Elliott Wave Theorist, a publication devoted to analysis of the U.S. financial markets, and republished Elliott's original books and articles along with a detailed biography in a compendium entitled R.N. Elliott's Masterworks. During the 1980s, Prechter won numerous awards for market timing as well as the United States Trading Championship, culminating in Financial News Network (now CNBC) granting him the title, "Guru of the Decade." In 1990-1991, he was elected and served as president of the national Market Technicians Association in its 21st year. During the 1990s, Prechter expanded his firm to provide analysis on all major markets worldwide from intraday to monthly time scales via print and on-line publications. He also published three books on the major practitioners of wave analysis as well as his own views in Prechter's Perspective and At the Crest of the Tidal Wave. In recent years, he and his staff have begun gathering data on social and cultural trends to expand upon the socionomic thesis first presented in his 1985 and 1986 papers, "Popular Culture and the Stock Market" and "The Fractal Nature of Social Progress," which will be reprinted in an upcoming book.
Over the next few days and weeks we will be working on our website to provide our subscribers with special content authored by the staff at EWI. We have followed Mr. Prechter's work since 1982 and first learned how to apply the Elliott Wave principle to the financial markets by spending many hours with Elliott Wave Principle - Key To Market Behavior, the book authored by Prechter and Frost. We have tremendous respect for Mr. Prechter, personally and as a market technician, and for his staff, particularly Steven Hochberg and Peter Kendall who currently author the Elliott Wave Financial Forecast.
Our work will continue to be our own, however. The TradingFives Method is a unique approach to trading the stock indexes and individual stocks with its own proven value to our subscribers, many of whom have been with us since our site went on-line in January, 1999. We do believe that our subscribers will benefit from the depth of research that EWI's staff of full-time analysts can provide. EWI is more than Elliott Wave. The staff has prouduced a number of articles and research projects that will provide you with insight and greater uderstanding of how the financial markets effect and are affected by socioeconomic trends and the general culture. Many of these articles will soon be available from the TradingFives site. We look forward to developing this affiliation and by doing so providing greater value to our subscribers.
GO TO Elliott Wave International (EWI).
The Staff of TradingFives
October 6, 2000