At the Crest of the Tidal Wave: A Forecast for the Great Bear Market Wiley Investment: Amazon.co.uk: Robert R. Prechter Jr.: Books

Review

"There is an old Arab proverb which says that "When you go shopping for wisdom, visit every tent in the bazaar." When Robert Prechter published his first book in 1978 predicting the super bull market of the 1980′s, only a very few people visited his tent. I hope more people visit his tent today, in order to understand the financial, economic and social implications of At the Crest of the Tidal Wave.", Marc Faber, , Faber Ltd, Hong Kong#"Robert Prechter and R.N. Elliot will be remembered as the two greatest social scientists of this century for their understanding of mass psychology, markets and the economy.", Donald Evans, President, FX500 Money Management#"The icy logic and stunning originality with which Prechter predicts the impending death of our Grand Bull Market make At the Crest of the Tidal Wave eminently worthy of attention. But the fact that years ago this author virtually stood alone in prophesying the birth of this very same bull market renders his current vision absolutely indispensable to serious investors.

", Paul Macrae Montgomery , , Legg Mason Wood Walker#"Recently I finished reading for the third time Charles Mackay′s classic, Extraordinary Popular Delusions and the Madness of Crowds, first published in 1841. Not much has changed, and here we are at yet another turning point in history... At the Crest of the Tidal Wave probably will join Mackay′s famous book as one of the most prescient of the past 175 years.", Charles Allmon, President , Growth Stock Outlook#"At the Crest of the Tidal Wave is a brilliant and important piece of long wave research with potentially devastating investment implications for the future.", Paul Tudor Jones II, President, Tudor Investment Corp#"The scholarly discipline, ultra long–term historical perspective, and topical diversity of Robert Prechter′s discerning At the Crest of the Tidal Wave will challenge all serious investors to re–examine today′s "buy and hold" mantra.", Henry Van der Eb, Chairman, Mathers Fund#

Review

"There is an old Arab proverb which says that "When you go shopping for wisdom, visit every tent in the bazaar." When Robert Prechter published his first book in 1978 predicting the super bull market of the 1980's, only a very few people visited his tent. I hope more people visit his tent today, in order to understand the financial, economic and social implications of At the Crest of the Tidal Wave.," Marc Faber, Faber Ltd, Hong Kong#"Robert Prechter and R.N. Elliot will be remembered as the two greatest social scientists of this century for their understanding of mass psychology, markets and the economy.," Donald Evans, President, FX500 Money Management#"The icy logic and stunning originality with which Prechter predicts the impending death of our Grand Bull Market make At the Crest of the Tidal Wave eminently worthy of attention. But the fact that years ago this author virtually stood alone in prophesying the birth of this very same bull market renders his current vision absolutely indispensable to serious investors.
," Paul Macrae Montgomery, Legg Mason Wood Walker#"Recently I finished reading for the third time Charles Mackay's classic, Extraordinary Popular Delusions and the Madness of Crowds, first published in 1841. Not much has changed, and here we are at yet another turning point in history... At the Crest of the Tidal Wave probably will join Mackay's famous book as one of the most prescient of the past 175 years.," Charles Allmon, President, Growth Stock Outlook#"At the Crest of the Tidal Wave is a brilliant and important piece of long wave research with potentially devastating investment implications for the future.," Paul Tudor Jones II, President, Tudor Investment Corp#"The scholarly discipline, ultra long-term historical perspective, and topical diversity of Robert Prechter's discerning At the Crest of the Tidal Wave will challenge all serious investors to re-examine today's "buy and hold" mantra.," Henry Van der Eb, Chairman, Mathers Fund#nds

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3 of 3 people found the following review helpful

Robert Prechter's Stock Price Crashes 18 Nov 2009

By Mr. N. Walayat

Format:Hardcover

Read this book before you fall for Prechters media hype !

In 1994 he missed the whole bull market and infact forecast Dow 400. Not 14000 that it eventually reached!

The facts are clear, RP is a perma bear, and as will all broken records he will eventually be right but lose you all your money enroute.

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2 of 2 people found the following review helpful

Prechter's second chance at playing Cassandra 6 Mar 1998

By A Customer

Prechter wrote a brilliant book about 1980 on Elliot Waves and then proceded to bask in the light of gurudom... That is until 1987, when his theories totally missed the October crash and a lot of his followers got their collective wallets smeared. As if to compensate for the missed crash, for the last decade Prechter has become obsessed with predicting the immanent crash of all civilization. Yes, The Bubble of the current market is going to burst. But Prechter keeps missing his prediction dates, and I believe he's also missing the extent. (At least I hope!) But still an enjoyable book if you don't take it *TOO* seriously.

1 of 1 people found the following review helpful

Eventually, Prechter will be right 12 Jan 1998

While Prechter is admittedly the guru of Elliott Wave Theory, he has been predicting a major Bear market in U.S. Stocks since 1985. Two years ago he went on record as predicting DJIA 800 in the next five years, and DJIA 1500 within two years. The books to read by Prechter are his expositions on EWT, which are THE presentations of EWT. Rather like Granville for so many years, Prechter seems bent on crying "bear" until one shows up. Unless you are fond of hearing yet another theory on "Why the economy will collapse and trash the world's wealth," skip this presentation by Mr. Prechter.