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Rating: 
Summary: Murky
Review: Fibonacci lived in the Renaissance, and Elliot in the 1930's. One would think that a writer could do a decent job of explaining their theories by now, or at least, for a $60 retail price tag, hire an editor or professional writer to make his observations comprehensible.This work suffers from a lack of both. After a long bit of hocus-pocus about Fibonacci numbers (complete with nautilis pictures and sunflowers), the author launches into Elliot wave analysis, gives a lot of assorted details about it, and then attempts to show how the amplitude and time of waves might or might not correspond to Fibonacci numbers. It is hard to say why a bad book is bad. Fisher starts by not really stating what Elliot's principles were -- the reader comes into the middle of a movie. He then begins talking at random about exceptions and special cases, unfortunately interspersed with just the wrong information. He shows Finbonacci spirals imposed on stock charts with inadequate explanation of how they are created, how they might be used *if* they work, and no fathomable discussion of the intersections (and non-intersections) of the stock chart with the spiral. I started life as a math major at a prominent university, and I can tell a good practical mathematics text when I see one. This is not one. It is a poorly organized hodgepodge of ideas, often inadequately explained. The book is one third the length of what it should be to cover this material, and what is there is, is not very well done. Read something else, whether you are looking for an introduction or an advanced treatise.
Rating: 
Summary: Very Good Theorems
Review: Practical text describing pattern, timing and ratios using the Fibonacci methodology. Book gives 6 theorems for trading. Solves methodology guess work by requiring confirmation by 2 or more different tools. Novel confirmation of patterns by time goal analysis with ratios which is a new wrinkle. Unfortunately, tries to sell his website thru the book. If you have access to financial data, then you can use the old pen and compass method to draw Fisher's ellipses and spirals. The program provided by with the text contains this, so I can forgive the sales talk. Examples provided to illustrate concepts and fill in details NOT discussed. (Interestingly, I did a time goal analysis on a stock in my portfolio and the geometric structure correctly forecasted a recent turning point in my stock. If I had believed this, I still think it is coincidence, I could have made the price of the book by taking the appropriate financial measures.) Great for potential swing traders.
Rating:
Summary: Interesting contribution to Wave literature
Review: While there is plethora of books giving practical applications of Elliott Wave Principle (Perry Kaufman's TRADING SYSTEMS AND METHODS and Constance Brown's TECHNICAL ANALYSIS FOR THE TRADING PROFESSIONAL come immediately to mind as two of the best I've seen), Fischer's book is one you may want to read after Kaufman or Brown. The last chapter, "The Logarithmic Spiral," is unique and stimulating, and admittedly in the early stages of research (as of 1993). Since I have not seen anything about it published anywhere else, including the web, I conclude that it must not have fulfilled its original promise. Even if that's the case, it's like Thomas Edison said after so many failed experiments: "I know a lot of things that DON'T work." But overall Fischer's work here is worthwhile reading, if only to get a different perspective on Elliott Wave Principle. Jog your mind.
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