"Prechter's advice for most investors, as described in the recently released second edition of his book [Conquer the Crash], is fairly simple: Play it Safe…Patience is a Virtue…Return of Capital Is Key."
—Aaron Task, Yahoo Finance
If you were fortunate enough to have read the first edition of Robert Prechter's Conquer the Crash, your money was safe and sound as stocks, real estate, commodities and many bonds plummeted. The book reads like an ongoing script of what has happened so far. If the author is right, the most intense portion of the financial crisis is yet to come, and those who are properly positioned will not just survive, but prosper. So you can still benefit from this book.
This brand-new second edition is being published near another peak in social optimism, with the S&P stock index back above 1000, high-profile bears calling for hyperinflation, economists assuring us that the recession is over and authorities announcing that they have saved the financial system. If you trust the experts that markets will soar, that all is well and your finances are safe, read this book before it's too late. If you act soon, it could save your financial life.
Offers up many points already acknowledged by most Economists. Offers sound solutions and a good path to reataining money in difficult times.Published 2 months ago by jason schuyler
Combine with "Antifragile: Things That Gain from Disorder" by Nassim Nicholas Taleb. Whereas your typical investor makes small gains year after year and then loses it all... Read morePublished 4 months ago by Amazon Customer
I bought the book, subscribed to the service, etc....this was in 2009, 2010...when the S&P hit 1000 he was in full on bear mode telling how "the end is nigh"... Read morePublished 4 months ago by Christopher Maggio
This could be a good "beginner's" guide to trading but if you rely on this for trading - I guarantee that eventually you WILL lose. Read morePublished 4 months ago by Walter Prochorenko
First, I have not finished reading the book, in part due to boredom on my part. It seemed to me that graphical analysis is nothing more than 20/20 hindsight, and to say the market... Read morePublished 7 months ago by Donald D. Farra
The book is good in explaining a plausable alternative to economic theory. Explains fiat money and not from a whacko point of view. Read morePublished 8 months ago by Darren M.
Precchtor's predictions as to the direction of the economy, based on Elliott Wave patterns, are eerily accurate. Read morePublished 8 months ago by S. J. Haye