Re: Elliot Wave...
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Who vouches for it? Not any of the top long term investors that I am aware of.
Remember that when you see a technical analyst from a big brokerage/wall street firm, he's not employed because the firm believes in or uses his approach. He's there because technical analysis promotes excessive trading and commissions, that's why they like it. It's the same reason that Abby Joseph Cohen and her ilk have jobs, their predictions encourage clients to make sector rotations so their employers can rack up more commissions.
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all i have at home is what wikipedia gives me, but in some articles i remember reading others.
-Jordan Kotick, Global Head of Technical Strategy at Barclays Capital
-Paul Tudor Jones, the billionaire commodity trader,
-Robin Wilkin, Global Head of FX and Commodity Technical Strategy at JPMorgan Chase
-Robert Prechter
i personally am not impressed by it, but the firm i'm working for this summer seems to think it has some merit and i'm trying to understand why.
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