A professional lifetime of applying the Elliott wave model stands behind Prechter's carefully constructed case for an approaching major top in the stock market. Included are detailed projections for the extent, duration and the shape of the coming bear market.
- Format: Hardback | 118 pages
- By: Robert Prechter
When You Hear “Last call,” You Know the Party’s Ending
Follow along as Robert Prechter makes a case for a momentous peak in stock prices. His analytical tools include Elliott wave patterns, historical analogies and investor psychology. Some of the approaches used here are traditional; some are rarely applied; some are unique.
The book sets the stage with Prechter’s bullish prediction of January- February 2016, issued as the Dow bottomed at 15,450 prior to a 20,000-point rise. Then it lays out his real-time case for an approaching major top, as published over a four-year period through January 2022.
Is the revelry at an end? Find out. Read Last Call.
Meet Your Author
Robert R. Prechter Founder and President, Elliott Wave International
Robert R. Prechter’s name is familiar to market observers the world over. Since founding EWI in 1979, Prechter has focused on applying and enhancing the Wave Principle, R.N. Elliott’s fractal model of financial pricing. Prechter shares his market insights in The Elliott Wave Theorist, one of the longest-running financial publications in existence today. Prechter has developed a theory of social causality called socionomics, whose main hypothesis is endogenously regulated waves of social mood prompt social actions. In other words, events don’t shape moods; moods shape events. Prechter has authored and edited several academic papers. He has written 18 books on finance and socionomics, including a New York Times bestseller.