Wiley to Publish Conquer the Crash, 2nd Edition

Thu Oct 29, 2009 9:04am EDT
 
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New edition of New York Times bestseller by Robert Prechter on how to survive
and prosper in a deflationary depression




GAINESVILLE, Ga., Oct. 29 /PRNewswire/ --Wiley is publishing the second
edition of Robert Prechter's Conquer the Crash: You Can Survive and Prosper in
a Deflationary Depression (ISBN: 978-0-470-56797-5, $29.95). It will be
available in bookstores on November 9, 2009. The first edition became a New
York Times bestseller in 2002 with more than 100,000 people reading it in time
to protect their wealth before the sequential crashes in junk bonds, property,
stocks and commodities. 

Prechter anticipated the current economic and financial situation in
surprising detail in the first edition of Conquer the Crash, forecasting
events such as these: the implosion of collateralized securities; bank
failures; Fannie Mae's stock collapse; and a rare, simultaneous fall in real
estate, stocks and commodities. Since then, the average U.S. homeowner has
suffered a decline of up to 40% in property value, Fannie Mae is a zombie
corporation under the government's protection, and stocks and commodities had
their biggest fall since 1929-1932.

The second edition adds 188 new pages of real-time commentary on markets and
the mounting prospects for deflation -- rather than inflation -- to become the
true threat to the U.S. economy. It includes all of the original edition, word
for word, which is as relevant as the day it first published. Prechter warns
that the doors to financial safety are closing all over the world. Within the
new section, he expands his recommended list of ways that prudent people can
protect their wealth and their livelihoods. It is all in a good cause, as
those who can keep their money safe during the deflationary depression will be
ready for the great buying opportunity that lies ahead after the crash. 

For people who missed getting safe when the world was in party-hearty mode,
the timing for this new edition -- as once again economists and financial
authorities are announcing that all is well -- couldn't be more useful. 

For more information about the book, or if you are a member of the media and
would like to access the electronic galley, please contact Alexandra Lienhard
at alexandral@elliottwave.com and visit www.elliottwave.com/conquerthecrash.

About the Author
Robert R. Prechter, Jr., is a social theorist and market analyst. He is
president of Elliott Wave International (elliottwave.com), a forecasting firm
servicing institutional and private investors around the world. Since 1978,
Prechter has authored 14 books. His Elliott Wave Principle with A.J. Frost in
1978 predicted the great bull market. Conquer the Crash (first edition, 2002)
forecasted the current global debacle in substantial detail. His two-book set
Socionomics presents his seminal hypothesis that endogenously regulated waves
of social mood determine the character of social actions. His newest website,
socionomics.net, is dedicated to explaining and applying socionomic theory.
For more biographical information, go to www.robertprechter.com.


SOURCE  Elliott Wave International

Alexandra Lienhard, +1-770-536-0309, alexandral@elliottwave.com

 

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