Robert Prechter on Herding and Markets’ “Irony and Paradox” To anyone new to socionomics, the stock market is saturated with paradox.

The following is an excerpt from a classic issue of Robert Prechter’sĀ Elliott Wave Theorist. For a limited time, you can visit Elliott Wave International to download the rest of the 10-page issue free.

Market Herding
Have you ever watched a dog interact with its owner? The dog repeatedly looks at the owner, taking cues constantly. [...]