SOURCE: Market News First

August 23, 2007 19:38 ET

World-Renowned Economist Robert Prechter to Appear Live on MN1.com

DALLAS, TX--(Marketwire - August 23, 2007) - Market News First will conduct an exlusive interview with Robert R. Prechter, Jr., President of Elliott Wave International. Mr. Prechter will join Michael Yorba, Host of Commodity Classics, which airs each day from 3:30 to 4:30 pm CDT LIVE on MN1.com. Commodity Classics interviews pertinent guests in the commodity world and Michael's questions always make for great LIVE TV. MN1.com is also interactive where callers can access Mr. Prechter and also IM him during the show to have questions answered. MN1 is the first LIVE IPTV station to actually execute Web 2.0 in real-time and everyone should tune in to Commodity Classics with Michael Yorba at 3:30 CT on (www.mn1.com).

Robert R. Prechter, Jr., CMT, began his professional career in 1975 as a Technical Market Specialist with the Merrill Lynch Market Analysis Department in New York. He has been publishing The Elliott Wave Theorist, a monthly forecasting publication, since 1979. Currently he is president of Elliott Wave International, which publishes analysis of global stock, bond, currency, metals and energy markets. He is also Executive Director of the Socionomic Institute, a research group. Mr. Prechter has won numerous awards for market timing, including the United States Trading Championship, and in 1989 was awarded the "Guru of the Decade'' title by Financial News Network (now CNBC). He has been named "one of the premier timers in stock market history" by Timer Digest, "the champion market forecaster" by Fortune magazine, "the world leader in Elliott Wave interpretation" by The Securities Institute, and "the nation's foremost proponent of the Elliott Wave method of forecasting" by The New York Times.

Mr. Prechter is author, co-author and/or editor of 13 books, including "Elliott Wave Principle - Key to Market Behavior" (1978), "R.N. Elliott's Masterworks" (1980), "The Wave Principle of Human Social Behavior and the New Science of Socionomics" (1999), "Conquer the Crash" (2002), and "Pioneering Studies in Socionomics" (2003).

Since 1979, when he first addressed the subject, Mr. Prechter has been exploring socionomics, the study and prediction of social trends in light of the Wave Principle and its implications for the social sciences. In 1999 he created the Socionomics Institute, of which he is Executive Director. The institute is an independent think-tank whose mission is to develop socionomics as an academic discipline and to promote its commercial application. Recently, Mr. Prechter has made presentations on his socionomic theory to MIT, the London School of Economics and academic conferences.

In 2004, the Socionomics Foundation, a 501(c) 3 non-profit organization, was created to provide education and fund scholarly investigation into socionomic theory.

Mr. Prechter graduated from Yale University in 1971 with a degree in psychology. He served as the 21st president of the Market Technicians Association, and is a member of Mensa, Intertel, The Shakespeare Fellowship and the Shakespeare Oxford Society.

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