Jump to content

Wikipedia talk:Articles for deletion/Robert Prechter

Page contents not supported in other languages.
From Wikipedia, the free encyclopedia

I'll move my response to 72..... here and add one version of the opening paragraph that I had written earlier, just to show that Prechter is extremely well known and the article should be kept IF material that does not overtly praise Prechter is allowed in the article by User:Rgfolsom. Robert Folsom, who works for Prechter, has just reverted the quote from the front page article in the Wall Street Journal again, and I do not know how to deal with it, other than just giving up on Wikipedia or having the article deleted (along with Socionomics and Elliott Wave Theory which are just Prechter marketing tools).

If somebody can help me deal with this in another way, please let me know.

Previous opening paragraph from Robert Prechter. This may not be gentle, but I was extremely tired of having everything that I edited reverted by Rgfolsom. Everything is documented and I believe that everything is NPOV except possibly "remarkably bad" - but how else to say it? Smallbones 09:35, 30 November 2006 (UTC)[reply]

==[edit]

Robert R. Prechter, Jr. (born 1949)is an American technical analyst or "market timer" and author, known widely for his financial forecasts using the Elliott wave principle. He “was lionized for calling the stock run-up that began in 1982 and the crash of 1987. Since then his big-picture forecasts have been laughably terrible, with global economic depression continually just around the corner and the Dow headed below 1000,” according to Fortune Magazine. [1] He is particularly well known for his prediction in early 1987 that the Dow Jones Industrial Average would soon reach 3600, [2] [3] and other remarkably bad forecasts [4] [5] [6] In December 1988 he predicted that October 1988 would “kick off the next Great Depression." [7]

He stopped making public appearances in 1989. [8] but he made a comeback in the late 1990’s with the publication of his book The Wave Principle of Human Social Behavior and the New Science of Socionomics [1999]. He was still predicting a depression in 2002 “an inevitable stock market collapse that has already begun, an economic depression, and a breathtaking deflation in the prices of most every type of asset. Houses worth $500,000 today will wind up going for $150,000--or less. Banks and insurers will fail.” [9]

  1. ^ ”The Wheelers, the Wavers, and the Star-Struck” by Colvin, Geoffrey, Fortune; 10/16/2000, Vol. 142 Issue 9, p84-84, 1p, 2c
  2. ^ "Robert Prechter sees his 3600 on the Dow--But 6 years late" by Power, William, The Wall Street Journal, Aug 19, 1993
  3. ^ “Lost Sheep Investors Find New Bo-peeps” by Kevin G. Salwen, The Wall Street Journal, July 28, 1989
  4. ^ “Bears Will Be Right On Stocks Someday, Just You Watch --- So They Missed 5,000 Points, It's No Reason They Ought To Stop Prognosticating” by Robert McGough, The Wall Street Journal, July 17, 1997
  5. ^ ”Game Over” by Kurson, Ken, Esquire; Feb99, Vol. 131 Issue 2, p44, 4p
  6. ^ ”Advisory Newsletters Don't Seem to Be Providing Quality Assistance Traders Seek from Them” by Angrist, Stanley W, The Wall Street Journal, Feb 5, 1990
  7. ^ “Doomsayers Now Are Salient Among Market Bears” by Constance Mitchell, The Wall Street Journal, Dec 27, 1988
  8. ^ 'Elliott Wave' Forecaster Ends Public Appearances, The Wall Street Journal, March 10, 1989
  9. ^ “Lend Half an Ear to This Doomsayer” by Barker, Robert, Business Week; 7/22/2002 Issue 3792, p90-90, 1p, 2c

Moved from Main Page[edit]

Brief response to 72.75.93.131 below "Robert Prechter" gets 61,300 Google hits, not all promotional, or negative. The WP:BIO guideline "The person has been the primary subject of multiple non-trivial published works whose source is independent of the person." is clearly met by the articles above especially 1, 2, 4, 5 , 8, and 9. Smallbones 18:57, 29 November 2006 (UTC)[reply]


Smallbones, I quite agree with you and this is why I invoked the word Stalinist. But as we both know, a certain third party didn't like this rude intrusion of someone else's opinion. It just generated lots of whining. Punanimal 18:20, 20 November 2006 (UTC)[reply]