Elliott Wave Educational Video Series Introduction to the Elliott Wave Principle Workbook 1 WORKBOOK for the ELLIOTT WAVE EDUCATIONAL VIDEO SERIES WORKBOOK 1 INTRODUCTION TO THE ELLIOTT WAVE PRINCIPLE Copyright © 1990 by Robert R. Prechter, Jr. Printed in the United States of America January 1990 For information, address the publishers: Elliott Wave International P.O. Box 1618 Gainesville, Georgia 30503 NOTICE All charts are copyright © Robert R. Prechter, Jr. 1990 or have been previously copyrighted by Elliott Wave International, Robert R. Prechter, Jr., or other entities. All rights are reserved. The material in this volume may not be reprinted or reporduced in any manner whatsoever without the written permission of the copyright holder. Violators will be prosecuted to the fullest extent of the law. ISBN: 0-932750-25-7 Elliott Wave Educational Video Series 10 Volume videotape set including workbooks ISBN: 0-932750-26-5 Elliott Wave Educational Video Series Tape 1 and Workbook 1: Introduction to the Elliott Wave Principle ACKNOWLEDGEMENTS Background charts for some of the illustrations were provided courtesy of the following sources: Trendline (Standard & Poor’s Corp.), 25 Broadway, New York, NY 10004 Daily Graphs (William O’Neil & Co., Inc.), P.O. Box 24933, Los Angeles, CA 90024 Commodity Research Bureau, 75 Wall St., 22nd Fl., New York, NY 10005 Ned Davis Research, P.O. Box 1278, Nokomis, FL 34274 Foundation for the Study of Cycles, 3333 Michelson Dr., Irvine, CA 92715 Commodity Perspective, 30 S. Wacker Dr., Chicago, IL 60606 Securities Research Company, 208 Newbury St., Boston, MA 02116 The Elliott Wave Educational Video Series — Workbook 1: Introduction to the Elliott Wave Principle 1 The Elliott Wave Educational Video Series — Workbook 1: Introduction to the Elliott Wave Principle 2 The Elliott Wave Educational Video Series — Workbook 1: Introduction to the Elliott Wave Principle Impulse Wave Structure for Any Degree © 1980 Robert R. Prechter, Jr. 3 The Elliott Wave Educational Video Series — Workbook 1: Introduction to the Elliott Wave Principle CORRECTIVE WAVES — VARIATIONS Reprinted from Elliott Wave Principle Copyright © 1978 Robert R. Prechter, Jr. and A.J. Frost 4 The Elliott Wave Educational Video Series — Workbook 1: Introduction to the Elliott Wave Principle “Surveying all the market’s action over the past 200 years, it is comforting to know exactly where you are in the wave count.” — The Elliott Wave Theorist, November 8, 1982 V ELLIOTT WAVE FORECAST by Robert R. Prechter © November 8, 1982 4000 2000 III 1000 IV 500 I 100 Dow Jones Industrial Average Yearly Range II 1940 1950 1960 1970 50 1980 5 The Elliott Wave Educational Video Series — Workbook 1: Introduction to the Elliott Wave Principle 6 The Elliott Wave Educational Video Series — Workbook 1: Introduction to the Elliott Wave Principle 7 The Elliott Wave Educational Video Series — Workbook 1: Introduction to the Elliott Wave Principle 8 The Elliott Wave Educational Video Series — Workbook 1: Introduction to the Elliott Wave Principle 9 The Elliott Wave Educational Video Series — Workbook 1: Introduction to the Elliott Wave Principle 10 The Elliott Wave Educational Video Series — Workbook 1: Introduction to the Elliott Wave Principle 11 The Elliott Wave Educational Video Series — Workbook 1: Introduction to the Elliott Wave Principle Copyright © 1990 or previously by Robert R. Prechter, Jr. 12 The Elliott Wave Educational Video Series — Workbook 1: Introduction to the Elliott Wave Principle Copyright © 1990 or previously by Robert R. Prechter, Jr. 13 The Elliott Wave Educational Video Series — Workbook 1: Introduction to the Elliott Wave Principle Copyright © 1990 or previously by Robert R. Prechter, Jr. 14 The Elliott Wave Educational Video Series — Workbook 1: Introduction to the Elliott Wave Principle Copyright © 1990 or previously by Robert R. Prechter, Jr. 15 The Elliott Wave Educational Video Series — Workbook 1: Introduction to the Elliott Wave Principle 16 The Elliott Wave Educational Video Series — Workbook 1: Introduction to the Elliott Wave Principle 17 The Elliott Wave Educational Video Series — Workbook 1: Introduction to the Elliott Wave Principle 18 The Elliott Wave Educational Video Series — Workbook 1: Introduction to the Elliott Wave Principle 1-770-536-0309 (outside the U.S.) or 1-800-336-1618 (inside the U.S.) 19