Conquer the Crash
You Can Survive and Prosper in a Deflationary Depression Expanded and Updated
1st Edition
Published on 21. November 2003
Book
Paperback/Softback
352 pages
978-0-470-87090-7 (ISBN)
Description
"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
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
Reviews / Votes
"...A must read especially for the discerning investor..." (Malaysian Business, 16 November 2003)More details
Edition
1., Auflage
Language
English
Place of publication
Chichester
United Kingdom
Publishing group
John Wiley and Sons Ltd
Target group
College/higher education
Edition type
New edition
Illustrations
Illustrations
Dimensions
Height: 23.5 cm
Width: 16.4 cm
Thickness: 25 mm
Weight
436 gr
ISBN-13
978-0-470-87090-7 (9780470870907)
Schweitzer Classification
Other editions
New editions
Book
11/2009
2nd Edition
Wiley
€25.90
Article exhausted; check different version
Previous edition
Book
07/2002
Wiley
€29.90
Article exhausted; check for reprint
Person
Robert Prechter is president of Elliott Wave International, which resides at www.elliottwave.com. EWI is a forecasting firm servicing institutional and private investors around the world, providing long-term as well as intraday analysis on stock markets, currencies, interest rates, commodities, and social trends.
Since 1978, Prechter has published thirteen books on the financial markets, which have been translated into as many as a dozen languages. Every month, he writes thoughtful market commentary in The Elliott Wave Theorist. He is currently developing a new website dedicated to the elucidation of what he terms socionomics, a science of social-trend forecasting.
Prechter attended Yale University on a full scholarship and graduated in 1971 with a degree in psychology. He began his career as a Technical Market Specialist with the Merrill Lynch Market Analysis Department in New York City.
Since 1978, Prechter has published thirteen books on the financial markets, which have been translated into as many as a dozen languages. Every month, he writes thoughtful market commentary in The Elliott Wave Theorist. He is currently developing a new website dedicated to the elucidation of what he terms socionomics, a science of social-trend forecasting.
Prechter attended Yale University on a full scholarship and graduated in 1971 with a degree in psychology. He began his career as a Technical Market Specialist with the Merrill Lynch Market Analysis Department in New York City.
Content
Foreword.
BOOK ONE: WHY A STOCK MARKET CRASH, MONETARY DEFLATION AND ECONOMIC DEPRESSION ARE LIKELY TO OCCUR SOON.
PART I: THE CASE FOR CRASH AND DEPRESSION.
1. A Myth Exposed.
2. When Do Depression Occur?
3. When Do Stock Markets Turn from Up to Down?
4. The Position of the Stock Market Today.
5. Evidence from Stock Participation and Economic Performance.
6. The Significance of Historically High Stock Market Valuation.
7. The Significance of Historically Optimistic Psychology.
8. Implications for the Stock Market and the Economy.
PART II: THE CASE FOR DEFLATION.
9. When Does Deflation Occur?
10. Money, Credit and the Federal Reserve Banking System.
11. What Makes Deflation Likely Today?
12. Timing Deflations: The Kondratieff Cycle.
13. Can the Fed Stop Deflation?
BOOK TWO: HOW TO PROTECT YOURSELF AND PROFIT FROM DEFLATION AND DEPRESSION.
14. Making Preparations and Taking Action.
15. Should You Invest in Bonds?
16. Should You Invest in Real Estate?
17. Should You Invest in Collectibles?
18. Should You Invest in "Cash"?
19. How to Find a Safe Bank.
20. Should You Speculate in Stocks?
21. Should You Invest in Commodities?
22. Should You Invest in Precious Metals?
23. What To Do With Your Pension Plan.
24. What To Do With Your Insurance and Annuities.
25. Reliable Sources for Financial Warnings.
26. How To Ensure Your Physical Safety.
27. Preparing for a Change in Politics.
28. How To Identify a Safe Haven.
29. Calling in Loans and Paying Off Debt.
30. What You Should Do If You Run a Business.
31. What You Should Do with Respect to Your Employment.
32. Should You Rely on Government To Protect You?
33. A Short List of Imperative "Do's" and Crucial "Don'ts".
34. What To Do at the Bottom of a Deflationary Crash and Depression.
Services That Can Help You Survive and Prosper in a Deflationary Depression.
Supplement for 2004.
Media & Misc. References.
BOOK ONE: WHY A STOCK MARKET CRASH, MONETARY DEFLATION AND ECONOMIC DEPRESSION ARE LIKELY TO OCCUR SOON.
PART I: THE CASE FOR CRASH AND DEPRESSION.
1. A Myth Exposed.
2. When Do Depression Occur?
3. When Do Stock Markets Turn from Up to Down?
4. The Position of the Stock Market Today.
5. Evidence from Stock Participation and Economic Performance.
6. The Significance of Historically High Stock Market Valuation.
7. The Significance of Historically Optimistic Psychology.
8. Implications for the Stock Market and the Economy.
PART II: THE CASE FOR DEFLATION.
9. When Does Deflation Occur?
10. Money, Credit and the Federal Reserve Banking System.
11. What Makes Deflation Likely Today?
12. Timing Deflations: The Kondratieff Cycle.
13. Can the Fed Stop Deflation?
BOOK TWO: HOW TO PROTECT YOURSELF AND PROFIT FROM DEFLATION AND DEPRESSION.
14. Making Preparations and Taking Action.
15. Should You Invest in Bonds?
16. Should You Invest in Real Estate?
17. Should You Invest in Collectibles?
18. Should You Invest in "Cash"?
19. How to Find a Safe Bank.
20. Should You Speculate in Stocks?
21. Should You Invest in Commodities?
22. Should You Invest in Precious Metals?
23. What To Do With Your Pension Plan.
24. What To Do With Your Insurance and Annuities.
25. Reliable Sources for Financial Warnings.
26. How To Ensure Your Physical Safety.
27. Preparing for a Change in Politics.
28. How To Identify a Safe Haven.
29. Calling in Loans and Paying Off Debt.
30. What You Should Do If You Run a Business.
31. What You Should Do with Respect to Your Employment.
32. Should You Rely on Government To Protect You?
33. A Short List of Imperative "Do's" and Crucial "Don'ts".
34. What To Do at the Bottom of a Deflationary Crash and Depression.
Services That Can Help You Survive and Prosper in a Deflationary Depression.
Supplement for 2004.
Media & Misc. References.