We'll just keep going over it as simply as we can. You'll all get it. Those who have already got it will just have wait until all of us can stand up on our surfboards. Robert Precter has books on Elliott Waves, but he makes it overly complicated. Elliott Waves measure crowd behavior.
Crowd behavior is what the stock markets are all about.
Sometimes it gets downright Depressed. So, the prices reflect the crowd's basic mood. If they want to buy, the market goes up. And this all happens in waves. And they all finish, just like ocean waves.