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Nature's law: The secret of the universe (Elliott Wave), by Ralph Nelson Elliott
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If you are interested in technical or wave analysis, it should be required reading. It is the definitive work on a scientific wave theory of human experience. Nature's law: The secret of the universe (Elliott Wave) is such an important, fascinating, even mind-bending work, that it should be read by and and every serious student of the market, be they fundamentalist or technician, dealing in stocks, bonds or commodities.
- Sales Rank: #310495 in Books
- Brand: Brand: Snowball Publishing
- Published on: 2011-09-09
- Original language: English
- Number of items: 1
- Dimensions: 9.02" h x .29" w x 5.98" l, .42 pounds
- Binding: Paperback
- 124 pages
- Used Book in Good Condition
Most helpful customer reviews
11 of 22 people found the following review helpful.
A Deranged Mind Produces a Few Jewels
By S. Valenti
I bought and read this book because I was curious about "Elliott Waves." I had read some material about "The Waves," for example, works by Robert Prechter or Robert Beckman. But who was this guy Ralph Nelson Elliott? What did he write? This book, "Nature's Law," was supposed to be his greatest work.
First of all, the copyright information does not seem quite right. Books normally have a boiler-plate page of information showing the author (birth-death), publisher, city, state and country of publication, ISBN, followed by a year, frequently with a list a subsequent printing years. This one simply says that it was published in 2010 by S N Publishing. I guess S N Publishing obtained the rights to the book and published it in 2010. But what about previous publishings? According to Wikipedia, the book was first published in 1946, and, by the way, Mr. Elliott lived from 1871 to 1948.
The book is 121 pages long and divided into 27 chapters, plus an introduction and conclusion. The short chapters make the book easily digestible in a few sittings.
In reading the book, I couldn't help but feel that this is the rambling of a crazy old man (with all due respect to the dead). He goes from the Great Pyramid to sunflowers and sea-shells to Pythagoras to the stock market and patents and back again, desperately trying to find a connection. I found it to be quite unconvincing.
He seems obsessed with minutia, for example, the exact measurements of the Great Pyramid, down to fractions of an inch. From there he discusses the ratio of the height of the Pyramid to its width (to four decimal places). Now, the fact that this ratio is pretty close to the golden ratio is interesting, but trying to get so precise about it is just silly. Then he talks about the height of the Pyramid (in inches) and gets all wacky about the number being itself composed of Fibonacci numbers.
On the other hand, there are some interesting points here, for example, that the USA finds its greatness in its diversity of peoples who have the opportunity to grow their genius. And of course the Wave Principle, which at a high-level is somewhat interesting and useful, but when analyzed in too great detail, and taken too seriously can result in severe neurosis. The discussion about the spiral shapes in a sunflower was also very interesting.
0 of 7 people found the following review helpful.
Disappointing
By R. Wood
The author revealed, at times, that he did have some grasp of the One Truth underlying all that is. For instance, he was enlightened enough to realize that, if he wanted to discover the law unrecognized governing the apparent chance of stock market cycles, he would have to search back to pre-Napoleon Egypt --- before the current mundane influences of what the bible calls Gog and Magog which have so corrupted ancient occult [aka hidden] wisdom into what the East calls Maya. Hence, he correctly attributes the so-called Fibonacci series not just to Fibonacci but also to the Great Architect of the Great Pyramid. And, from that, he borrows ideas to cobble together his Elliott Wave Theory for predicting stock market cycles.
But ... true seekers of the Original Truth will eventually conclude, as I did, that one who focuses upon making money from the stock market can not be one who Knows Self. After all, money is not real. It is just an illusion used by dark magicians to control the masses.
So, by all means, give this book a read if for no other reason than to study the first 25 pages, Just be advised that, beyond that, Elliott does not describe Universal Law but, rather, he invents his own Elliott Wave laws in attempts to nail a square peg into a round hole.
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