Ralph Nelson Elliott

Ralph Nelson Elliott ( born July 28, 1871 in Marysville, Kansas, † January 15, 1948 ) was an American who has developed the Elliott Wave Theory.

Life

Elliott was a long time as an accountant employed, including for the U.S. State Department. From 1932 to 1934, he developed a theory of price movements in stock markets, which is a further development of the Dow Theory. It was only when he started at age 67 due to illness to retire, he finished most of his work on the rules of the stock market.

Wave Theory

The largely developed by him Elliott Wave Theory looks at the cycles of the earth psychologically moving stock market. Elliott Wave build on the Fibonacci numbers. According to Elliott's theories, which were made solely from empirically collected data and the resulting intellectual synthesis capacity should be at least partially possible a forecast of future events, both in the financial markets as well as in society and polity. His supporters bring his lifetime achievement in the single sentence: " Looking through the keyhole in the future." This is alluded to certain characteristic temporal analogies between past and present.

• Economist ( 20th century)
• Americans
• Born in 1871
• Died in 1948
• Man