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Now Includes 3 Special Updates! What "At the Crest of the Tidal Wave" readers say . . . The only people who will be wiped out by the crash are those who participate in it. If you sell your stocks and bonds near the top and buy safe interest-bearing cash equivalents, your net worth will continue to increase despite the general decline in prosperity. There were a lot of prosperous people in the Great Depression, but the majority of them had successfully avoided being victims of the 1929-1932 crash. With the foreknowledge provided by this book, you will be able to avoid an even bigger one." Robert Prechter, from At the Crest of the Tidal Wave: A Forecast for the Great Bear Market "This morning I picked up At the Crest of the Tidal Wave. I reread Can Deflation Be Stopped? and Possible Hyperinflation After Deflation. I had been thinking about buying some bonds yesterday. Once again your book crystallized my thinking." - C.P. "At The Crest of the Tidal Wave, written two years before the Asian crisis, gives you credit of being one of the greatest forecasters of all time." - C. M., Mexico "I just finished reading At the Crest of the Tidal Wave. It is OUTSTANDING! Well done!" -M.A.M., Chambersburg, PA MORE TESTIMONIALS >>> As you read the above quote you may wonder, "How can he say that?" Or even, "What will happen if he's right?" Investors who read our forecasts often ask us questions like these. It's only natural. Ours is the one voice that asks you to defy a message you've heard preached a thousand times by today's financial press namely, that "buy and hold" investing will keep your money safe over "the long term." Enough time has passed since 1987 (not to mention 1929) so that short memories go unpunished for now. Men who were in high school during the '87 market crash now manage billion-dollar portfolios. Most households with some extra money have discovered a "safe" mutual fund. Invest for the "long term." And "ride out" any "temporary" losses. The market will always "rebound." Right? Investors always think that -- right at the top of a bull market. History has proven this fact time and again, yet the experts say, "this time it's different." Can you afford to take that risk? At the Crest Of The Tidal Wave presents overwhelming evidence to show that a 200-year old trend is peaking. Bob Prechter explains that NOW is the time for you to preserve your wealth from a devastating stock market collapse. 15 years in preparation and a year in the making, At the Crest of the Tidal Wave is 500 pages long. Inside it you will discover more than 200 charts that answer your questions with precise visual clarity. At the Crest has recently gotten the attention of some of the most respected names in finance: James Blanchard, Chairman of Jefferson Financial, says that Tidal Wave is "A road map to the future that no investor should be without." Well-known publisher Charles Allmon cautions, "Ignore Bob's book at your peril." Lest there is any doubt about the book's purpose for you the reader, it is spelled out in the beginning of At the Crest: "to help you conserve your wealth and perhaps be one of the few people who prosper in a financial and social environment that will surely confound 99% of the population." The message is born of the conviction that virtually every stock market pattern gives a strong indication that the biggest bear market since the 1700s is imminent. "Never before," says Bob, "has an Elliott practitioner been alive to anticipate the termination of a structure of this magnitude. It may not happen again for centuries." And if you order Tidal Wave now, you’ll receive three special reports by Bob Prechter for FREE. Together these reports contain over 20 pages of valuable market updates and Elliott wave forecasts that supplement the book. You’ll get: The Long-Term Elliott Wave Case For Stocks; Bulls, Bears and Manias; A Major Stock Market Low is Still Due in… All three for NO extra cost. Every one of these titles is a classic in itself, but together they’ll help you understand why recent market action makes the information found in Tidal Wave even MORE important today. Why Bull Markets End: The Answer May Be Simple After All Haven't you ever wondered what happens when everyone is thinking the same thing? Or why so many people get hurt in a market crash, while so few manage to prosper? The answers are simpler than you may think. The Wave Principle shows that patterns of investor behavior repeat themselves, and are thus predictable. That is why today's complacent "buy and hold" philosophy is so deadly. As Bob demonstrates in At the Crest, that sort of thinking is typical of what happens at the END of Great Bull Markets, a sure sign that they are almost over. Consider: This century's first Great Bull Market lasted 8 years and ended in 1929. The market lost 90% of its value, and did not return to 1929 peak levels for 25 years. The second Great Bull Market lasted about 20 years and ended in 1966-1968. The market lost over 40% of its value into 1974, and remained in a sideways range for 16 years. Today's Great Bull Market has lasted 13 years. How much could it lose, and how long would it take to recover? At the Crest of the Tidal Wave gives you a full and unhedged answer to those questions, and to virtually every question you can have about Bob Prechter's forecast. What's more, Bob considers the specifics of his forecast important enough to have a chapter entitled, Expectations for the Bear Market. In it, he details five specific elements of his forecast, and assesses the probabilities of each: Direction, Degree, Extent, Pattern and Duration. A warning: Bob says this one is "the most difficult chapter in the book," yet it's also "the most rewarding. Take your time and read it slowly." "How Should I Handle What's Coming?" Bob's concluding chapter in At the Crest is entitled "How to Handle the Coming Environment." That chapter includes a section named "What to Do . . . And What Not to Do." It's one of the first things you'll want to read. With as many specifics as possible for a broad audience, Bob speaks directly about what actions you should take, and avoid taking. He talks about investing in a bear market, what should not be considered an "investment," the importance of cash, how to handle debt, business planning, what the role of the government may be, retirement plans, social consequences of the decline, and more. Have you ever had a teacher from whom you couldn't learn enough? Someone who introduced things to you that you hadn't seen before, and showed you how to analyze the facts from a completely different angle? We humbly suggest that readers of this book will think about Bob Prechter in that way, should even a few of the forecasts in At the Crest come to pass. Finally, here's Bob himself from At the Crest: "While in the late 1970s and early 1980s, Elliott Wave analysis indicated that a major bottoming process in financial and social trends was near an end, today it indicates the opposite. With 'doom and gloom' now completely out of fashion, the Wave Principle says, 'It's time.'"