"…A must read especially for the discerning investor…" (Malaysian Business, 16 November 2003)
--This text refers to an out of print or unavailable edition of this title.
From the Inside Flap
If you did not read Robert Prechter's At the Crest of the Tidal Wave (1995), you might have become the victim of any one of a dozen financial debacles. You might have held junk bonds, which have been collapsing ever since. You might have invested in commodities, which have fallen to new lows. You might have slaved over a demanding job that paid you in stock options that are now worthless. You might have speculated in Internet stocks, which went bust. If you are a vendor, you might have sold equipment to dot-com companies for I.O.U.s that were never paid. If you live in Argentina, you might have kept your money in a local bank and one day awakened broke. If you worked for Enron, you might have watched every nickel of your retirement savings evaporate. If you own a business, you might have let economists convince you that no recession was possible just before the economy contracted and slammed you up against the wall. Maybe for you, it's too late.
But for most people, this book is timely. It is being published at another peak in social optimism, with the stock market rallying, the Dow back above 10,000, economists unanimously bullish and commentators assuring us that the recession is over. If you think that all is well and your finances are safe, read this book before it's too late for you.