As the major stock markets turned down in late 2007 and then started to rally in March 2009, many people who believed
in fundamental analysis have begun to question its validity.

Robert Prechter, Chartered Market Technician, is the world’s foremost expert on and proponent of the deflationary
scenario. Prechter is the founder and CEO of Elliott Wave International, author of Wall Street best-sellers
Conquer the Crash and Elliott Wave Principle and
editor of The Elliott Wave Theorist monthly
market letter since 1979.

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