Interview with Robert Prechter, CMT

In this week's episode of the MTA Podcast Series, Robert Prechter, CMT takes a moment to discuss Dubai World, Socionomics & Sentiment, his first job at Merrill, and his discovery of Elliott Wave. Robert Prechter has written 14 books on finance, beginning with Elliott Wave Principle in 1978, which predicted a 1920s-style stock market boom. His 2002 title, Conquer the Crash, predicted the current crisis. Prechter's primary interest is a new approach to social science, which he outlined in Socionomics—the Science of History and Social Prediction (1999-2003). In 2007, The Journal of Behavioral Finance published "The Financial/Economic Dichotomy: A Socionomic Perspective," a paper by Prechter and his colleague, Dr. Wayne Parker. Prechter has made presentations on his socionomic theory to the London School of Economics, Georgia Tech, MIT, SUNY and academic conferences.