Synopsis
This is the book that foresaw and explained every chapter of today's financial crisis, years before it happened: the plunge in stocks, collapse in home prices, subprime debacle, liquidity crisis, the Federal Reserve's failure to turn the trend, and lots more. The unsettling part is how much of the scenario outlined by Prechter's book is yet to come. Conquer the Crash is more relevant today than when it was published. You still have time to prepare, but not much. New Updates for 2009: includes Bonus CD -ROM . The CD-ROM offers a supplement that is vital to first-time readers. (Important note from the author: Do you already own this book? If so, you can access the CD-ROM s content at no charge from the book s website; see the final paragraph on page 273 for instructions.) The 2009 CD-ROM contains: 1) The safest large banks in America 2) Each state s two safest banks 3) The largest treasury-only money market funds 4) The safest U.S. insurers. The CD-ROM also updates one of the book's most important sections -- Services That Can Help You Survive and Prosper in a Deflationary Depression -- with current names, phone numbers and addresses. This section includes "Money Managers with Timing and/or Allocation Models," an all-new list of market-seasoned, active portfolio managers who have shown themselves especially knowledgeable and competent. (Of course, such approaches involve more risk than the book's get-safe recommendations.) This supplement is a wealth of crucial protective knowledge, right on the CD-ROM inside of the Conquer the Crash book itself. Sadly, we all know people who are holding onto their investments even as the markets slide, risking further devastation to their retirement savings even as their home values spiral ever lower. Perhaps you're one of them. Perhaps you've even bought into the dogma that the markets are "recovering," and that you should wade in all over again. Before you get too deep, please know this: Many of Bob Prechter's warnings in Conquer the Crash have proved uncannily accurate, but many other forecasts in the book still lie ahead -- this makes it more relevant now than ever. It's not too late to steer a better course for yourself and your family, but that means you absolutely cannot wait any longer to read this book. Conquer the Crash readers also have exclusive access to our Conquer the Crash Readers Webpage, an ongoing guide to navigating the financial pitfalls of this massive bear market. The Readers Webpage is where Robert Prechter updates the contents of Conquer the Crash, so the book s recommended services and institutions sections never lose their value.
About the Author
Robert Prechter is President of Elliott Wave International 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 ten financial books, 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 Web site dedicated to the elucidation of what he terms socionomics, the new science of social prediction. 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.
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