\version "2.11.37"
#(ly:set-option 'point-and-click #f)

\relative c'' {
    \setTextCresc c4\< c c\!\< c\! |
    % This puts the "cresc." from the second to the third, not from 
    % the first to the second note!!!
    c\cresc c\endcresc c\cr c\endcr
}