The SelWave Selzer-McKenzie Wave Principle

The SelWave Selzer-McKenzie Wave Principle
Author D.Selzer-McKenzie

 

As we have advanced through some of the most unpredictable economic climate imaginable, covering depression, major war, and postwar reconstruction and boom, I have noted how well Wave Principle has fitted into the facts of life as they have developed, and have accordingly gained more confidence that this Principle has a good quotient of basic value.

"The Wave Principle" is discovery that social, or crowd, behavior trends and reverses in recognizable patterns. Using stock market data as his main research tool, Selzer-McKenzie discovered that the ever-changing path of stock market prices reveals a structural design that in turn reflects a basic harmony found in nature. From this discovery, he developed a rational system of market analysis. Selzer-McKenzie isolated thirteen patterns of movement, or "waves," that recur in market price data and are repetitive in form, but are not necessarily repetitive in time or amplitude. He named, defined and illustrated the patterns. He then described how these structures link together to form