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Preparing for the Big Crash

Robert Prechter and the Elliott Wave Theory

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Most people miss the big changes

Human beings travel in packs, not only physically but psychologically and the mood of the pack can change radically.

99% of the time following the pack works find - until it doesn't.

Changes in social mood are slow in coming and throw off many warnings in advance, but because of "herd" mentality most people miss them. Unfortunately, when the change takes place it often seems to happen overnight and the vast majority are unprepared and suffer negative consequences.

The challenge is to step away from the herd and position yourself for new conditions BEFORE the change takes place. Easy to say, not easy to do which is why we've been beating the drum on this topic for several years now.

Best source of information on this topic: Robert Prechter's prescient book "Conquer the Crash"


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