Robert Prechter is a famous proponent of Elliott Wave analysis. He correctly predicted a large bull market in 1982 and also accurately called the market top shortly prior to the 1987 crash. Prechter’s Elliott Wave International (EWI) is the world’s largest market forecasting firm.
Prechter attended Yale University on a full scholarship, graduating in 1971 with a degree in psychology. He began his career in the financial world at Merrill Lynch’s Market Analysis Department in New York.