This are strange times the world is in a turmoil and yesterday was a holy day for two religions the end of Ramadan (most important days in Islam) and the New Year of the Jewish People and we have the golden week in China. As the Torah says thats the "day of judgment." and the DOW fell 777 points
Excerpt from Insiide
How Soon Will the 3 Bears Emerge???
Stock Index Cycles in September 2008 Could Clarify...
In September 2007 - January 2008, Eric Hadik described for his INSIIDE Track readers how the Stock Market Bear, the Russian Bear and a 3rd Bear were all poised to come out of hibernation. As his published analysis showed back then, October 11, 2007 was the culmination of the 17-Year Cycle in the Stock Market and was projected to usher in a 2-3 year bear market with declines of 35--50% in the Indices.
The Stock Indices topped on October 11, 2007 - EXACTLY 17 Years TO THE DAY from the beginning of the bull market on October 11, 1990 - and have already seen declines of about 25%!
This was projected to coincide with the awakening of the Russian Bear in 2008--2009. As explained back then, August 2008 was EXACTLY 17 Years from the breakup of the Soviet Union in August 1991. As Eric's published analysis showed last year, August 2008 - and the ensuing Jewish Year of 5769 (which begins in September 2008) - was/is the culmination of the 17-Year Cycle for Russia and should see a re-emergence of the military-minded Russian Bear! (You don't have to believe this e-mail, you can view Eric's previously published analysis at http://www.insiidetrack.com/pdf/INSIIDETrackSR200817YearCycle&3Bears01em.pdf ).
The Russian Bear - with all its military might - is waking up and making its first move into the oil-rich Transcaucus region... a region known in Biblical times as Magog! And, Russia is doing this EXACTLY 17 Years from the breakup of the Soviet Union in August 1991!
There is MUCH, MUCH MORE to this 17-Year Cycle and what it has been forecast to usher in between 2007--2011. Eric has spent 2 years detailing this one cycle - which corroborates dozens of other cycles - and what it means for the next 2-3 years. The period between September 2008 - January 2009 is the next CRITICAL period and could, among other things, coincide with a major volcanic eruption. [The exact date in the midst of this 5-month time frame - with the most cycle synergy - was already provided to INSIIDE Track subscribers.] If this is accurate, it could have a 12-24 month impact on specific commodities.
Well the above mentioned facts are in sink with astrology since the Uranus Saturn oppostion on the 4th Nov. has many implications as we could see conservatives will clash with liberals. Last time we had this constellation the world went wild. 1964-7 various terrorist organizations were founded like the RAF in Germany (the film about that event has a nomination for the Oscar - foreign film category) and the youth clashed with the establishment all over the world.
On the left hand a monthly chart of the DOW where can see what happened last time when Uranus was in opposition to Saturn (1965/6) only from the exact opposite signs Uranus was in Virgo now its in Pisces and vis versa and some other planets had different positions but nevertheless the basic effect was the same and the markets lost 25% in the first run but within years dropped 50%. This was a 18 year period with no basic move of he DOW it was locked into a 1000 - 500 - 1000 range for 18 years and high inflation. So even after recovering all the losses after 18 years you had lost a lot off money due to they high inflation which peaked around 18%.. The difference to now is that the financial system is at the brink of breaking down like 1929 with the biggest leverage in financial history. We will get a rally within a week ( Mars sextile to Pluto makes for a breakthrough on the bailout plan and on October the 5th Venus will be sextile Jupiter) hence around these days a relief rally is highly likely combined with technical patterns of the market. Nevertheless we will keep falling for a few more weeks or even months as a bottom line. The downside risk for now is limited to 1050/60 SPX , 1440 NDX and 9900/10000 DOW from where we can expect a countermove if not earlier- but todays month end quarter end will activate more bearish momentum. Hedge funds will get substantial fund withdrawels.and will have to unwind and deleverage further adding to the volatility. The VIX index at 47 will make a new record above 50 which was usually a good indicator for capitulation and we do have the wash out right, now only other monthly indicators are not at 2003 levels at all - pointing to another unprecented level of risk to come. A few weeks ago I was wondering how people could have it below 20 under this circumstances and about this phony Goldilock cheerleaders with Paulson being one of them and to my suprise Buffett's praises him and the stockmarket but he is a very clever man who can even bargain on Goldman. Looking at his astrological chart and the positions he takes its not wise to stay in Berkshire shares after mid 2009.
Well the above mentioned facts are in sink with astrology since the Uranus Saturn oppostion on the 4th Nov. has many implications as we could see conservatives will clash with liberals. Last time we had this constellation the world went wild. 1964-7 various terrorist organizations were founded like the RAF in Germany (the film about that event has a nomination for the Oscar - foreign film category) and the youth clashed with the establishment all over the world.
On the left hand a monthly chart of the DOW where can see what happened last time when Uranus was in opposition to Saturn (1965/6) only from the exact opposite signs Uranus was in Virgo now its in Pisces and vis versa and some other planets had different positions but nevertheless the basic effect was the same and the markets lost 25% in the first run but within years dropped 50%. This was a 18 year period with no basic move of he DOW it was locked into a 1000 - 500 - 1000 range for 18 years and high inflation. So even after recovering all the losses after 18 years you had lost a lot off money due to they high inflation which peaked around 18%.. The difference to now is that the financial system is at the brink of breaking down like 1929 with the biggest leverage in financial history. We will get a rally within a week ( Mars sextile to Pluto makes for a breakthrough on the bailout plan and on October the 5th Venus will be sextile Jupiter) hence around these days a relief rally is highly likely combined with technical patterns of the market. Nevertheless we will keep falling for a few more weeks or even months as a bottom line. The downside risk for now is limited to 1050/60 SPX , 1440 NDX and 9900/10000 DOW from where we can expect a countermove if not earlier- but todays month end quarter end will activate more bearish momentum. Hedge funds will get substantial fund withdrawels.and will have to unwind and deleverage further adding to the volatility. The VIX index at 47 will make a new record above 50 which was usually a good indicator for capitulation and we do have the wash out right, now only other monthly indicators are not at 2003 levels at all - pointing to another unprecented level of risk to come. A few weeks ago I was wondering how people could have it below 20 under this circumstances and about this phony Goldilock cheerleaders with Paulson being one of them and to my suprise Buffett's praises him and the stockmarket but he is a very clever man who can even bargain on Goldman. Looking at his astrological chart and the positions he takes its not wise to stay in Berkshire shares after mid 2009.
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