halfpasthuman says crash may have begun!(10/22/08) - Page 3

LOCOAZ2008 · 10-23-2008, 03:05 AM

READ THIS

Welcome to the opening ceremony of a modern depression.

The effects of the financial shock are starting to make themselves felt in my neck of the woods. Neighbors on three sides not involved even peripherally in the financial markets are unemployed now. Vacations for the year have been cancelled.

Even Paramount Pictures announced this week that they would only be “green lighting” 20 films for production instead of their originally budgeted 25.

General Motors (NYSE:GM), Ford (NYSE:F) and Chrysler (DCX) are laying off thousands upon thousands.

Copper and nickel mines are closing, and feasibility studies are being postponed. Yahoo is laying off 10% of its workforce.

http://www.gold-eagle.com/editorials_08/west102208.html

Steve_A · 10-22-2008, 09:29 PM

Hi pineal-pilot-in merkabah,

That is clear. If you need to find the starting point, you need to go to the end of the .com boom, or even when the banking system changed from money supported by gold to money supported by interest rates and loans, or even go further back to when money was invented (no money, no loss of money).

The question was about the level of the DOW and when it will dip below 5800.

It is also important to identify the reasons and also what attempts are being made to try and stop it (if it's possible).

We need to try and understand why this will happen, where the mechanics of the system went wrong. Once that is understood we can protect ourselves for the next time - if there is one.

In another thread SeekingAlpha offered this link to a Scottish Hedge Fund Manager who gives his view:

http://www.cnbc.com/id/15840232?video=899394201

also check this one:

http://www.youtube.com/watch?v=9G7HQpXby5k

Best regards,

Steve

Quote:

Originally Posted by pineal-pilot-in merkabah

lol orly.. hum have you been under a rock for the last month.. crash started ages ago..

Aisuru Chiku · 10-22-2008, 09:35 PM

Does anyone have link to the interview w/ Jeff Rinse last night ?
please forward ; )

Selene · 10-23-2008, 06:08 PM

Excuse me: The Dow has already lost 40% of its value in the past year - 2/3 of that in the past 60 days - and now these guys are predicting a crash???

That's just toooo funny.

But the ElliotWave stuff is excellent - I've been a fan for years. It's highly technical, but an open system you can actually learn to use. They've been warning about this stuff for, oh, about 15 years now....

Cheers,
Selene

mmerlinn · 10-23-2008, 06:59 PM

Quote:

Originally Posted by Selene

Excuse me: The Dow has already lost 40% of its value in the past year - 2/3 of that in the past 60 days - and now these guys are predicting a crash???

Cheers,
Selene

I hope you are not referring to me here. I pinpointed this over a MONTH BEFORE YOUR 60 days started. NOTHING "NOW" about me predicting this crash.

Selene · 10-23-2008, 07:54 PM

Hi, Merlin -

No, I meant the Half Past Human group. I'd not seen your stuff from last July.

You said (on that link) "My target price for the S&P is around 900 on the 24th of October.." Since the S&P is closing today (the 23rd) around 900 - It was 1,250 when you wrote that - pretty good call, Merlin!

Are you familiar with the work of Christopher Carolan (The Spiral Calendar) http://carolan.org/? He's done some very good research on lunar phases in the market.

All best regards,
Selene

mmerlinn · 10-25-2008, 04:46 AM

Quote:

Originally Posted by Selene

Hi, Merlin -

Are you familiar with the work of Christopher Carolan (The Spiral Calendar) http://carolan.org/? He's done some very good research on lunar phases in the market.

Nope. Never heard of him or his work. In fact, I have never studied anyone else's research into the markets mainly because by the time I get to the second paragraph or so, it seems like a lot of hot air to me. In this case, I think that I might like to do a comparison examination of it, but I seriously doubt that I will have the time.

Considering the predictions generated by most people it seems amazing to me that they can get it right once in a while. Of course, if one makes enough FUZZY predictions, sooner or later one will be close enough to be called 'correct.'

And when it comes to specific predictions, getting one right is like finding a diamond buried within Mr Everest.

Quote:

Originally Posted by PTTurboe

I guess that BOT is correct!!!!!!!!!!!!!!!!!

LOL. WEEKS late is better than nothing I guess.

10-24-2008, 12:51 PM

I guess that BOT is correct!!!!!!!!!!!!!!!!!

wisetom · 10-24-2008, 01:14 PM

You know how there was mention of words such as "Revolution" in the release language.. well this looks like it is starting to appear:

http://www.pbs.org/newshour/bb/busin...man_10-21.html

NASSIM NICHOLAS TALEB: I don't know if we're entering the most difficult period since -- not since the Great Depression, since the American Revolution.

Knightbk · 10-25-2008, 01:27 AM

Personally, I think Half Past Human has read the Internet wrong.

All the "talking" is about the election and the economy compounded. There wont be some "big event" like they are predicting, the election is the event, and so is the economy.

Time will prove me right.

Ngai Te Rangi · 10-25-2008, 05:45 AM

halfpast human..I was always lead to believe that we were our own 'body clocks'

10-23-2008, 03:05 AM	#1
LOCOAZ2008 Avalon Senior Member Join Date: Sep 2008 Location: TUMBES, PERÚ Posts: 77	Re: halfpasthuman says crash may have begun!(10/22/08) READ THIS Welcome to the opening ceremony of a modern depression. The effects of the financial shock are starting to make themselves felt in my neck of the woods. Neighbors on three sides not involved even peripherally in the financial markets are unemployed now. Vacations for the year have been cancelled. Even Paramount Pictures announced this week that they would only be “green lighting” 20 films for production instead of their originally budgeted 25. General Motors (NYSE:GM), Ford (NYSE:F) and Chrysler (DCX) are laying off thousands upon thousands. Copper and nickel mines are closing, and feasibility studies are being postponed. Yahoo is laying off 10% of its workforce. http://www.gold-eagle.com/editorials_08/west102208.html

10-22-2008, 09:35 PM	#3
Aisuru Chiku Avalon Senior Member Join Date: Sep 2008 Location: Los Angeles, California Posts: 47	Re: halfpasthuman says crash may have begun!(10/22/08) Does anyone have link to the interview w/ Jeff Rinse last night ? please forward ; )

10-23-2008, 06:08 PM	#4
Selene Avalon Senior Member Join Date: Sep 2008 Location: The Music of the Spheres Posts: 16	Re: halfpasthuman says crash may have begun!(10/22/08) Excuse me: The Dow has already lost 40% of its value in the past year - 2/3 of that in the past 60 days - and now these guys are predicting a crash??? That's just toooo funny. But the ElliotWave stuff is excellent - I've been a fan for years. It's highly technical, but an open system you can actually learn to use. They've been warning about this stuff for, oh, about 15 years now.... Cheers, Selene

10-23-2008, 07:54 PM	#6
Selene Avalon Senior Member Join Date: Sep 2008 Location: The Music of the Spheres Posts: 16	Good call, Merlin! Hi, Merlin - No, I meant the Half Past Human group. I'd not seen your stuff from last July. You said (on that link) "My target price for the S&P is around 900 on the 24th of October.." Since the S&P is closing today (the 23rd) around 900 - It was 1,250 when you wrote that - pretty good call, Merlin! Are you familiar with the work of Christopher Carolan (The Spiral Calendar) http://carolan.org/? He's done some very good research on lunar phases in the market. All best regards, Selene

10-24-2008, 12:51 PM	#8
PTTurboe Guest Posts: n/a	Re: halfpasthuman says crash may have begun!(10/22/08) I guess that BOT is correct!!!!!!!!!!!!!!!!!

10-24-2008, 01:14 PM	#9
wisetom Avalon Senior Member Join Date: Oct 2008 Location: Herts, UK Posts: 3	Re: halfpasthuman says crash may have begun!(10/22/08) You know how there was mention of words such as "Revolution" in the release language.. well this looks like it is starting to appear: http://www.pbs.org/newshour/bb/busin...man_10-21.html NASSIM NICHOLAS TALEB: I don't know if we're entering the most difficult period since -- not since the Great Depression, since the American Revolution.

10-25-2008, 01:27 AM	#10
Knightbk Avalon Senior Member Join Date: Oct 2008 Posts: 73	Re: halfpasthuman says crash may have begun!(10/22/08) Personally, I think Half Past Human has read the Internet wrong. All the "talking" is about the election and the economy compounded. There wont be some "big event" like they are predicting, the election is the event, and so is the economy. Time will prove me right.

10-25-2008, 05:45 AM	#11
Ngai Te Rangi Avalon Senior Member Join Date: Sep 2008 Location: Sydney, Australia Posts: 42	Re: halfpasthuman says crash may have begun!(10/22/08) halfpast human..I was always lead to believe that we were our own 'body clocks'