Oct. 24: Stock Market Crash

[ctophil]

Hey everyone,

I know some of you don't like date predictions; but this guy from the Prophecy Talk forum has been pretty much flawless about the stock markets. He makes a great case with comparisons from past market crashes since 1929. Check the thread here and read up on his prediction of an Oct. 24, 2008 Stock Market Crash months ago. Check it out: http://www.prophecytalk.com/index.php?topic=5109.0

Oct. 24 is Black Friday as he calls it. We will see what happens next Friday! Note: He did mention that it may be the following Monday or Tuesday at the latest. So don't start pounding him if Black Friday isn't the lowest drop in a century.

-Phillip

[ralok_j]

Isn't he off by a few weeks? Last week was black Monday, Tuesday, Wednsday, Thursday, Friday.

Actually, tomorrow is supposed to be a down day.

[Sarahmay]

It's my birthday on Oct. 24...and I just told my parents that was probably the day the market would crash! Hard to tell though with this rollercoaster we are on.

Originally Posted by Patti

Happy birthday. Hope it will be a good one. Mine is 2 days later. Will the stock market have crashed by then? I don't think so!

my dog's b-day is on the 27th hehe =)

[warngen]

on Oct. 24, there will be -11- days till election. Any significance.

[munkey]

Originally Posted by warngen

on Oct. 24, there will be -11- days till election. Any significance.

11 days will make it a Tuesday
9/11 happened on a tuesday
november is the 11th month
2 candidates is 1+1 = 11

just messing with ya.
I don't know of any connection really.

does show how easy it is to work out patterns though, doesn't it?

[Noela]

George Green is saying the Stock Market may go below 5000. There is a new audio by him on Project Cameot. He is the man who is up to date on the financial situation. Bill Ryan put up a post regarding the latest audio, and I have also drawn attention previously to this, but nobody as yet seems to have taken this up - at least I have been waiting for some comments on the George Green audio and have found none to date. Disappointing.

Noela

[eugene_vn]

It looks like Friday Oct. 24 will indeed be a big down day for U.S. stocks. . . Asian sessions just finished with losses in the 8-11% range in Japan, Korea, Singapore. European futures are way down so if France/Germany/UK tank today, I'm sure the Dow will follow suit. I believe 7600 would be the point on the Dow at which they would have to temporarily halt trading today if it gets really ugly.

George Green's estimate of 3500 as a bottom for the Dow is far too optimistic - this market would be lucky to bottom at 1800 and will probably go much further.

The good news is that gold is continuing to fall below $700 and will continue to do so for a while. We should be seeing gold at $600-650 in the next few weeks. That's really good news for those still needing to get out of cash and acquire some of the stuff.

[Xammy]

what sorry but I dont get it eugene, are you gonna eat that gold or what? Make happy golden pancakes? With silver syrup perhaps, hmm?

[eugene_vn]

Good point, Xammy (but only up to a point). It's important to keep in mind that the whole purpose of staying solvent in the economic crisis is to maintain our practical freedom to be creative and loving. Poverty and destitution make it difficult to maximize our contributions to our families and society.

In reality, it's unfortunate that most wealthy people do not use their wealth to release their creativity, but instead. . . just use it to create more wealth and power. Perhaps you could look at it this way: With an adequate amount of real money (i.e. gold) at the height of the crisis, you might be able to help a friend, family member, or complete stranger whom you really want to help. Sure, there are kinds of help that can be extended which don't require money, but unfortunately most all material things like food, shelter, and medicine are still going to cost money during the crisis.

As for what I'm going to eat. . . well I do make some mean flapjacks but I'll probably stick with rice, spinach, and salted fish like most of my neighbors.

[kem]

Hello,

The French CAC 40 is down by 7% in less than 2 hours... wondering if it'll get worse...i'm waiting for the US stock market opening.

Whatever happens, good job mmerlinn.

[Knightbk]

Originally Posted by eugene_vn

Good point, Xammy (but only up to a point). It's important to keep in mind that the whole purpose of staying solvent in the economic crisis is to maintain our practical freedom to be creative and loving. Poverty and destitution make it difficult to maximize our contributions to our families and society.

Yes, because a stock market crash being cheered on here is going to make everybody creative and loving.

[Sarahmay]

Originally Posted by Knightbk

Yes, because a stock market crash being cheered on here is going to make everybody creative and loving.

Exactly, Knightbk!!

[eugene_vn]

Yeah, you can monitor the European composite "Stoxx" index here: http://www.marketwatch.com/quotes/?sid=124843 . Down 10% and falling like a rock. Looks like we might actually have temporary suspensions of trading in some of the major European markets today. Good grief. . .

[eugene_vn]

And now the Dow futures are indicating that if trading were to hypothetically open now (I write this at around 6 a.m. NY time), the market would already have met a key exchange-set limit for losses! That would be quite a situation, if trading had to be halted for the mandatory hour just a few minutes into the start of trading.

[aiwass322]

Swedish OMX stock exchange dropped 8.3% in 3 hours!
You might know of the american owned swedish car manufacturer Volvo. So far they have fired thousands of people. And more was announced yesterday. Keep in mind that Sweden is a small country with 9 million people. Per capita this is huge!

Our local analysts predicted a very BAD day for NASDAQ and Dow Jones. And now the limit for free fall was reached around 11.30. This is confirmed by Bloomberg and others.

If this is it people, then lets get our s**t together and start working towards the common goal. If the markets crash then it is obvious that other parts of the shadowplay is set into motion. Keep a positive mind and do what is best of the current situation.

Love is the law...

[eugene_vn]

Just to add some balance, it's likely that the market will rally to around 9000 next week. . . so for all of Friday's gloom and doom, the fact of the matter is that stocks will probably be trading higher at some point next week than they are today.

That rally will be short-lived, however, and in November the whole thing should continue collapsing at even a steeper pace than we have seen over the past month.

FOX Breaking News: Dow Futures Plunge 550 Points, Hit Sell-Off Limit

peace,
julie

http://www.foxbusiness.com/story/markets/futures-plummet-ugly-day-street-expected/

[aiwass322]

Originally Posted by eugene_vn

Just to add some balance, it's likely that the market will rally to around 9000 next week. . . so for all of Friday's gloom and doom, the fact of the matter is that stocks will probably be trading higher at some point next week than they are today.

That rally will be short-lived, however, and in November the whole thing should continue collapsing at even a steeper pace than we have seen over the past month.

This is true. The mechanics of a crash can be studied in history.

[pineal-pilot-in merkabah]

http://www.prisonplanet.com/dow-jone...1929-rout.html

[Ampgod]

Let's stop this "Prophecy" nonsense!
I'd refrain from any specific dates. Nobody knows when exactly things will happen. It is strictly speculation.

We are all watching what is happening closely and will know when or if it happens.


Peace,
Ampgod

[Christo888]

Originally Posted by Ampgod

Let's stop this "Prophecy" nonsense!
I'd refrain from any specific dates. Nobody knows when exactly things will happen. It is strictly speculation.

We are all watching what is happening closely and will know when or if it happens.


Peace,
Ampgod

Thank You!!!!!!

It just creates more distractions and a let's see if the prediction is right mode. However, it does provide a great opportunity to practice staying in the NOW, and snapping back on track to focusing and creating your own future regardless of what "they" are doing. Every NOW thought creates your future experience.

[kopenhagen]

supposedly it's true, are you selling all your stocks now?

[ctophil]

Hey folks,

Here is another thread started by the same guy as the stock market one: http://www.prophecytalk.com/index.ph...=5067.msg85599

This thread has more specific dates. Now, his calculations are based on the Bible. Yes, I do know (not believe BUT KNOW) that ever since October 1, 2008, we are living in the Great Tribulation. Physical disruptions and suffering have begun. So far, the guy from the Prophecy Talk forums is correct on his dates. Now, if you don't believe in the Bible nor prophecy....well, that's your thing. I'm here to present the truth and to warn you all what happened and what is about to happen. Remember that prophets were always rejected by society and even by his/her home town. But their prophecies came true and people suffered and/or got destroyed. Now I know there are false prophets, but there also true prophets. For during the last days, the sons and daughters of Yahweh (God in most cultures, this is His true name) will prophesy. I know some of you may appreciate this information. So I will still post it regardless. Others who don't like it...well you don't have to read it.

-Phillip