Conquer the Crash: You Can Survive and Prosper in a Deflationary Depression (Wiley Trading) - Hardcover

Prechter Jr., Robert R.

Hardcover

ISBN 10: 0470849827 ISBN 13: 9780470849828

Publisher: John Wiley & Sons, 2002

Synopsis

What if certain Japanese investors in 1989 had a book that prepared them for the economic DEFLATION and 12–year bear market? Likewise, what if certain American investors in 1929 had a book that prepared them for the stock market CRASH and Great Depression?

They would have used the forecast to avoid the crisis, of course –– perhaps even to come out ahead.

Robert Prechter has just published a book that will prepare YOU for a financial crisis at least as deep as Japan in the 1990s or the U.S. in the 1930s –– a deflationary depression that will wipe out the portfolios of most stock market investors.

Conquer the Crash first presents the economic facts that show why a massive deflation is virtually inevitable, and is underway already. The second part is practical –– virtually each of the 21 chapter titles explains "How To," "What To," and "Should You."

Learn for yourself why the most predictable episode in our financial future is the event no one expects

"Bob Prechter′s new book, Conquer the Crash, provides a wealth of self help do′s and don′ts. It′s a must–read book which I′m personally putting on my gift list for friends and loved ones." – Martin D Weiss, Ph.D., author of the national best seller, the Ultimate Safe Money Guide

"This is the most crucial financial period in your life. This book explains why. It also tells you what you should do about it. If you want to preserve your wealth, I urge you to follow Prechter′s advice. You will be grateful that you did." – Ian Gordon, The Long Wave Analyst

"Conquer the Crash provides disciplined investors with a map, compass and survival guide. Don′t leave home without it." –Henry Van der Eb, President, Gabelli Mathers Fund

"Prechter knows the facts like few others. Read his forceful argument carefully. It can save you from financial loss." –James R. Cook, President, Investment Rarities

"Conquer the Crash ensures that at least some investors will stay on the "rational" side of a very emotional future." –Ted Workman, Asset Allocation Consultants, Ltd.

About this title

Review

In Conquer the Crash, Robert Prechter explains why he thinks the boom times are behind us. Based on his interpretation of the Elliott Wave Principle (an idea premised on the notion that mass investor psychology is what really drives markets), Prechter argues that the economy is about to enter into a deflationary depression that few investors are prepared to deal with. In making his case, he assembles an impressive array of data that in essence suggests that the bill for the last 10 years of market excess is about to come due. The second half of the book shows how to avoid becoming "a zombie-eyed victim of the depression" and offers advice on protecting one's assets in a deflationary environment (cash is king). If there's any good news in the future that Prechter sees coming (other than how to avoid it), it's that all-out depressions don't last very long. Conquer the Crash should appeal to all investors, particularly those desperately looking for a safe haven from the uncertainties of today's markets. --Harry C Edwards

Review

"So why bother paying Prechter any mind at all?...he′s more right than Wall Street′s Establishment usually admits." (BusinessWeek, July 22, 2002)

Edition details

• Publisher: John Wiley & Sons
• Publication date: 2002
• ISBN 10: 0470849827
• ISBN 13: 9780470849828
• Binding: Hardcover
• Language: English
• Number of pages: 294