Conquer the Crash and over one million other books are available for Amazon Kindle. Learn more

Vous voulez voir cette page en français ? Cliquez ici.

Have one to sell? Sell yours here
Start reading Conquer the Crash on your Kindle in under a minute.

Don't have a Kindle? Get your Kindle here, or download a FREE Kindle Reading App.

Conquer the Crash - You Can Survive and Prosper in a Deflationary Depression [Hardcover]

Robert R. Prechter
3.8 out of 5 stars  See all reviews (100 customer reviews)

Available from these sellers.


Formats

Amazon Price New from Used from
Kindle Edition CDN $13.07  
Hardcover CDN $22.53  
Hardcover, June 21 2002 --  
Paperback --  
Save Up to 90% on Textbooks
Hit the books in Amazon.ca's Textbook Store and save up to 90% on used textbooks and 35% on new textbooks. Learn more.
There is a newer edition of this item:
Conquer the Crash: You Can Survive and Prosper in a Deflationary Depression Conquer the Crash: You Can Survive and Prosper in a Deflationary Depression 3.8 out of 5 stars (100)
CDN$ 22.53
In Stock.
Join Amazon Student in Canada


Book Description

June 21 2002 Wiley Trading
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.

Customers Who Bought This Item Also Bought


Product Details


Product Description

From Amazon

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 believes that the U.S. economy is about to enter into a deflationary depression that few investors are prepared to deal with. In making his case, Prechter 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 gloom-and-doom investors and to 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)

Inside This Book (Learn More)
First Sentence
How many times over the past decade have you heard glowing reports about the "New Economy"? Read the first page
Explore More
Concordance
Browse Sample Pages
Front Cover | Copyright | Table of Contents | Excerpt | Back Cover
Search inside this book:

Customer Reviews

Most helpful customer reviews
9 of 9 people found the following review helpful
Format:Hardcover
Let me get this off my chest first: I read every single review here at Amazon before I bought this book and I must say that the negative reviews; or more accurately the nasty ones, lead me to believe that the reviewers did not read the book. I say that because even if Prichter is wrong, and there is no upcoming "Deflationary Depression" and this decade is all blue skies just like the late 1990's were, any subsequent readers who followed his advice to the exact letter of the verbage would NOT lose any of their assets whatsoever. Therefore, how could this book do harm? At worst it educates the reader as to how to handle uncertain times. There is no bad or harmful advice in this book.
His advice is basically to pay off your bills, put your money in rock solid banks. Don't rely on the government to protect you, buy some precious metals, and get ready to profit once we are at the rock bottom by way of investment strategies that take advantage of the subsequent inflation post a "Deflationary Depression." What's harmful about being in cash?
Now the review: Prichter is confident that there is going to be a deflationary depression. A period of great contraction in our economy that drives down any and all inflated value out of any goods or services such as the depression the United States suffered through in 1929.
He supports his premise with monetary statistics such as the 30 trillion dollar credit bubble that America now has, and numerous other statistics that aren't that pretty.
Prichter also bases his premise for a "Deflationary Depression" on a controversial charting method known as "The Elliot Wave Theory". It's controversial in that some stock market analysts think it is merely conjecture, while other analysts feel it is an absolute, social, "fractal".
Read more ›
Was this review helpful to you?
4 of 4 people found the following review helpful
2.0 out of 5 stars A poorly argued case, even for market bears. May 11 2004
Format:Paperback
Mr. Prechter is best known as a popular advocate for the Elliot Wave principle. He continues this school of thought in this book.
The book is divided into two parts. The first part attempts to persuade the reader that the US economy is headed for a deflationary depression. The second part recommends actions to prepare and prosper during a deflationary depression. This specific edition of the book also includes an update written in 2004. (The original book was written in 2002.)
First of all, with any investment book review, it is important to understand the reviewer's biases. My belief is that the US will enter some type of unwinding, either through an extended securities bear market, or more severe overall imbalance. I maintain a minor belief in technical analysis but do not rely on it.
Elliot Wave analysis is, at its core, a technical analysis methodology. Elliot Wave claims to find a recurring pattern in short term, long term, and ultra-long term market price charts. What is gravely missing, however, is some sort of explanation or justification for its supposed utility. Many schools of technical analysis, for example, give plausible explanations for why "resistance levels" exist based on market or individual investor psychology. This is completely missing from Mr. Prechter's writings and thus he fails to distinguish himself from a long line of failed data miners.
This missing and crucial "why" is the most glaring hole in this book. While other writers attempt to prove a thesis through a chain of reasoning and supporting data, Mr. Prechter skips steps in his thesis. The holes are not glaring to a casual reader, but a person with some breadth in economic knowledge will easily spot large omissions.
Read more ›
Was this review helpful to you?
2 of 2 people found the following review helpful
5.0 out of 5 stars Something wicked this way comes Feb. 18 2004
Format:Paperback
Robert Prechter is expecting a devastating dose of deflation leading to a depression, and no collective body (read "government") can do anything about it. He is one of the "old-timers" who has survived the market's up and downs for more than 20 years, and his outlook on our situation is not to be taken lightly. Being high profile, his pronouncements make headlines, and it's all too easy to point to a previous mistake and write him off. However, his scholarship is second to none. He's been right in the past; he just may be right again. And if he is, most of us are in real trouble. Thus, his argument is too important to dismiss without a thorough reading.
Prechter starts with a good overview of his pride and joy, and the basis of all his study - The Elliott Wave Theory. His conclusion is that we are at the end of the 5th wave of the Grand Supercycle which reaches all the way back to 1700. We're talking big-time financial implications here.
To quote Prechter on describing the milieu we've just lived through, "Third waves are built upon muscle and brain. Fifth waves are built upon cleverness and dreams. During third waves, people focus on production to get rich. During fifth waves, they focus on finance to get rich." Sounds remotely familiar.
At the bottom of all our troubles is debt. Gobs and gobs of debt, piled as high as the eye can see. Deflation/depression results in a contraction of credit as debt gradually gets wiped out...one way or the other. It produces a line of falling dominos where less credit means less borrowing means less spending means less production means less employment...which means more liquidations which means more defaults as everything feeds on the downward spiral.
Read more ›
Was this review helpful to you?
Want to see more reviews on this item?
Most recent customer reviews
5.0 out of 5 stars crash ahead
there is going to be a major crash in the coming times and this book is an excellent guid to prepare for it.
Published 8 months ago by gary smith
2.0 out of 5 stars An Out-of-date Book
This book was full of a lot of unsubstantiated facts, guesswork and straight-line predictions which, together presented a mish-mash of script which, in my opinion, failed to... Read more
Published 9 months ago by Chris from Canada
3.0 out of 5 stars Lots of truth, lots of half-truth
Having read lots of Prechter's free reports, analysis and excerpts before buying two copies of this, I was expecting exactly what I got when I bought the 2ed the day it came out:... Read more
Published on March 14 2010 by Steve Howe
5.0 out of 5 stars Well written & researched
This is an excellent primer on the implications of elliott wave theory for the comming markets probable movement. A thorough "how to get your money safe" guide for everyone. Read more
Published on Dec 21 2009 by Luke Benard
4.0 out of 5 stars Worth Another Look
I read this book back in 2003. Prechter talks about the extreme debt build up in the United States. The housing bubble and the problems with Fannie Mae are also discussed. Read more
Published on Oct. 11 2008 by Patrick Sullivan
2.0 out of 5 stars Interesting but...
I like Prechter because he's an interesting, unconventional thinker. But... I want to be careful and fair... doesn't his track record leave quite a bit to be desired? Read more
Published on June 27 2004
5.0 out of 5 stars Highly Recommended!
Prophets of doom have always made entertaining reading. In his latest fire-and-brimstone warning, Robert R. Prechter, Jr. Read more
Published on June 6 2004 by Rolf Dobelli
3.0 out of 5 stars SOME USEFUL INFO, BUT NOTHING EARTH SHATTERING
If you take anything at all from this book, it should be that the only way to stay afloat in the financial world is to spend wisely, save at least 10-15% of your income each year,... Read more
Published on March 26 2004 by Rocco A. Savaiano
5.0 out of 5 stars READ THIS BOOK NOW!
Scary as it may sound, things can get a lot worse! With the Bull on the run, the Bears quietly plan for the new depression. Will we see NASDAQ 5000? OR will we see NASDAQ 1000? Read more
Published on March 7 2004 by Mason Johnson
4.0 out of 5 stars Financial food for thought...and action!
If you're close to retirement age and can't stand to take another financial beating like the dot.com fiasco with your portfolio, you really ought to read this book and then take... Read more
Published on March 4 2004
Search Customer Reviews
Only search this product's reviews

Look for similar items by category


Feedback