Conquer the Crash: You Can Survive and Prosper in a Deflationary Depression - Softcover

Prechter Jr., Robert R.

Softcover

ISBN 10: 0470870907 ISBN 13: 9780470870907

Publisher: John Wiley & Sons, 2003

Synopsis

'The forecasts in "Conquer the Crash" continue to be uncannily accurate. Look out below as the rest become reality' - Jim Puplava, host, 'financialsense.com'. A year after "Conquer the Crash" published, stock markets around the world fell precipitously. The rebound of the last six months has convinced some that we are leaving the bear market behind and entering a bull market and economic boom. In this expanded and updated Second Edition of the "New York Times" bestseller, Prechter returns to provide answers as to what lies ahead. He provides updated economic and market analysis, shows you how to take steps to protect, survive, and prosper and asks, contrary to what most market analysts believe, whether the depression is truly at an end? The expanded and updated edition includes a new 50 page supplement plus current safety sources.Written by a leading expert on investing in bear markets, this book is a timely and insightful guide for anyone looking to protect and make money in today's financial markets. Praise for the first edition: '...I am saying that this is 'must reading' for anyone who has even the slightest interest in the stock market and his or her own investing' - Richard Russel, "Dow Theory Letters". 'Prechter's understanding of technical, contrary and economic analysis is exceptional' - Lawrence G. MacMillan, "The Option Strategist". 'All investors imbued with the idea that stocks should be bought and held forever should read this book' - Charlie Minter and Marty Weiner, Comstock Partners, Inc. '"Conquer the Crash" provides disciplined investors with a map, compass and survival guide. Don't leave home without it' - Henry Van der Eb, "The P.Q. Wall Forecast".'A compelling exposition of how both the mechanics and the psychology of the business cycle can be encapsulated in market analysis' - Sean Corrigan, Capital-Insight.com. 'Prechter knows the facts like few others. Read this forceful argument carefully. It can save you from financial loss' - James R. Cook, President, "Investment Rarities". '...required reading for anyone who wants to enhance his or her prospects for the years ahead' - Timothy Bost, Editor, "Financial Cycles".

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

"...A must read especially for the discerning investor..." (Malaysian Business, 16 November 2003)

Edition details

• Publisher: John Wiley & Sons
• Publication date: 2003
• ISBN 10: 0470870907
• ISBN 13: 9780470870907
• Binding: Paperback
• Language: English
• Number of pages: 352