Elliottwave International

AMAZINGLY INACCURATE:: Don’t fall for the hype
Elliott wave theory is fascinating, I agree with that, and Elliott Wave International definitely makes it interesting but that is overshadowed by the fact that the forecast and timing sentiments of their services are basically so inaccurate as to be worthless.
This is a racket designed to suck you in with endless explanations of theory and well written to the point you think, hey this is great. Then you start to trade on their sentiments and you will find yourself busted broke before long.
I subscribed to the main products and most important product the Short Term Update. The guy Hochberg and Prechter who writes this, are entirely and I mean entirely missed the summer of 2010, and ALL of 2011,. Ever other day they said…‘market going down imminently, bigtime!’. Of course the market went up for 5 of six weeks and then went sideways for most of three more.
Bottom line: I have been a subscriber to the products, and just cancelled. Almost always wrong — sums it up, and you will lose all your money with these guys advice.
Geeze absolutely worthless and entirely inaccurante but mainly just a total waste of time. Flipping a coin was just as accurate, I kept score.