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

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Summary: Eventually, Prechter will be right
Review: 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.

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Summary: You need to read this book!
Review: You need to read this book. It may change the way you think. I am not saying that I believe that Prechter's prediction will definitely come to pass, but after reading this book, I am convinced that it is a real possibility, and everyone needs to consider this possibility.