At the Crest of the Tidal Wave: A Forecast for the Great Bear Market / Edition 1

At the Crest of the Tidal Wave: A Forecast for the Great Bear Market / Edition 1

by Robert R. Prechter Jr.
     
 

ISBN-10: 0471979546

ISBN-13: 9780471979548

Pub. Date: 12/28/1997

Publisher: Wiley

Just like Elliot Wave Principle, its super-bullish predecessor from 1978, this updated and abridged paperback version of At the Crest of the Tidal Wave presents a scenario that appears too dramatic and specific to be more than unfounded conjecture. However, the author's forecasting toll is again the only one that has proved its value in addressing future market

Overview

Just like Elliot Wave Principle, its super-bullish predecessor from 1978, this updated and abridged paperback version of At the Crest of the Tidal Wave presents a scenario that appears too dramatic and specific to be more than unfounded conjecture. However, the author's forecasting toll is again the only one that has proved its value in addressing future market probabilities. The result is social science at its best.

If even half of the author's forecasts come to pass, the world of finance just a few years hence will be immeasurably different from what it is today. Using the same precise approach that he employed a month after the 1982 low at Dow 777 to forecast a great bull market that would carry the Dow Industrial Average to near 4000, Robert Prechter now calls for slow motion economic earthquake that will register 11 on the financial Richter scale. The Great Assert Mania of recent years is in its final euphoric months, he says, and the next event will be a collapse of historic proportion.

If you are already well versed in the Wave Principle and prepared for the change that is coming, then ignore this book. If you are not, then devour it cover from cover. Be prepared for a shift in the tectonic plates that make up your mind's notions about financial causality. Above all, get ready for a violent shaking of your faith in conventional economic wisdom.

Product Details

ISBN-13:
9780471979548
Publisher:
Wiley
Publication date:
12/28/1997
Series:
Investment Series
Edition description:
ABR
Pages:
336
Product dimensions:
5.96(w) x 9.09(h) x 0.87(d)

Table of Contents

Acknowledgements

Introductory Note

Foreword

Chapter 1: Perspective

PART I: THE STOCK MARKET

Elliott Wave Analysis

Chapter 2: Patterns and Their Implications

Chapter 3: The Inflation-Adjusted Dow

Chapter 4: Comments on the Ultimate Price Peak

Chapter 5: Expectations for the Great Bear Market

Technical Analysis

Chapter 6: Momentum Considerations

Chapter 7: Investor Psychology: Valuation

Chapter 8: Manifestations of Investor Psychology

Chapter 9: The Role of Fundamentals

PART II: OTHER AREAS

Chapter 10: The Economy

Chapter 11: The Monetary Outlook

Chapter 12: High Grade Bonds

Chapter 13: How to Handle the Coming Environment

Appendix A: A Capsule Summary of the Wave Principle

Appendix B: The Message from Fixed Time Cycles

Appendix C: Illustrations Updated Through June 1997

Index

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