Re: Oct. 24: Stock Market Crash
 

The name of this thread, "Oct. 24: Stock Market Crash", is obviously dealing with both a date in the future and an event that hasn't occured yet. The title alone implies that there could possibly be some prophesy and/or predictions in the content. Perhaps if one is uncomfortable with that they should skip it and move on to another topic.

peace,
julie:original:

Re: Oct. 24: Stock Market Crash
 

I think your wrong, I have found this forum very helpful and have learned a lot in the few weeks I've been here.
There is more to our lives than making physical preparations for the coming days, we also need emotional support and have spiritual needs. Great to be around people on the same wavelength.
Hopefully I have been of help in one way or another.

Thx everyone :thumb_yello:

Re: Oct. 24: Stock Market Crash
 

I agree, Swanny. I find the Avalon forums very interesting (Camelot too for its great whistleblower interviews). The people here on Avalon updates me continuously throughout the day on breaking news (alternative and mainstream) and some "enlightened" opinions that have helped me prepared spiritually and physically for this extremely tough crisis we are going through for the next 3 - 4 years. And I can't thank you all enough! :thumb_yello:

-Phillip

Re: Oct. 24: Stock Market Crash
 

READ AND THINK!!!!!

Fears of Lehman's CDS derivatives haunt markets
It is a full week after bankers gathered in New York to start sorting out the derivatives mess left by the bankruptcy of Lehman Brothers. We still do not know who is on the hook for some $360bn of default insurance, or how much they will have to pay.

Those on the wrong side of these Lehman debt contracts - known as credit default swaps (CDS) - must come up with the money by Tuesday, the next D-Day in the ever-fraught calendar of the credit markets. There has been a deafening silence so far.

http://jsmineset.com/


http://www.marketwatch.com/news/story/gold-falls-4-one-month-low/story.aspx?guid={E0D556D0-8E0F-4F20-B571-725EA55BCB85}&dist=msr_1

no doubt some of that will be used to pay off Lehman-related instruments which come due on it's either the 21st or 24th....24th I think it is.

DO YOU SEE WHY DE 24.......

Re: Oct. 24: Stock Market Crash
 

predictions, are just guesses.. dreams, or even better, trying to feel deeper and more alive, in this reality that is so hollow in the flow of the mainstream, of this world we have been taught to believe. One thing or another, I have learned is just reveling in all of this. Just as Oct. 14th came to pass, with nothing, I believe their is no human being alive right now, that can tell me what is going to happen. Now as far as reading between the lines, you can read one of many things, you can see a calamity of humanity coming, you can see suffering and even war. Once the haves and have not arise we will have a big imbalance, and their will be fighting for the things that are available for survival. Just as I understand now, the money I have now is worth much more then it was just a year ago.. As far as predictions, I think those are a fools parody If you are giving divine wisdom, I suggest you keep it to yourself. Instead of spreading the great conclusion work on meditation and preparation for the things to come.. Either way nine times out of ten, people won't listen anyhow.

PEACE

Re: Oct. 24: Stock Market Crash
 

For those folk who have never experienced the exhilaration of a rapidly dropping stock market, here is a rather graphic picture that portrays the exact feeling. :mfr_omg:

Re: Oct. 24: Stock Market Crash
 

I agree 100%.



As I posted on another thread, my Grandpa who is 90+ and lived through World War 2, the Great Depression, economic collapses in Europe, etc, etc told me that when he was growing up and living his life, there were people predicting the end of everything, on an almost daily basis and they had REAL problems back then.

He saw a german blow his brothers brains out and he saw plenty of other people killed and hung, and oh ya, they were near the point of starvation but never starved, despite Germans and Italians keeping food out of their hands and killing people who broke those laws.

People think they have "problems" these days because their 401 lost some money or they have to wait 12 years instead of 8 to buy a new car or their home lost fake value and they freak out. Go to a third world country and see what reality is.

I am not saying that things wont get worse, but the simple fact is, they may bottom out and then get much better.

Nobody knows EITHER way and analysts are only good at predicting the past after it happens I notice.

Re: Oct. 24: Stock Market Crash
 

Quote: 14 December 2008 --- 1260 days begin again. 2-1/2 years begin. --- World War III begins with attacks on the United States, the United Kingdom, and Israel.

Yep that just makes my day, month and year. Something to really ponder and look forward to.

As if there isn't enough dispicable acts of degeneration and sickness by humans on the earth, hey, it's not over yet folks, we have more wonderful things to look forward to.

I do believe in the Creator, angels, ETs and all the rest but sometimes I can't help thinking I would like to have a go at time travel, go back to the source and stop all experience except the positive, no fall, no nothing, that would relieve billions of living things excruciating carnate lives on earth. I can't stand even watching animal planet anymore, too upsetting.

Re: Oct. 24: Stock Market Crash
 

Good post Ctophil.

Thanks for the input.

I love this kind of info! :original:

Re: Oct. 24: Stock Market Crash
 

well I am glad for you that you have got the emotional support you need to face the coming days.
Now check them emotions at the door and start preparing phisically because time is running out and you don't want to be left with all the other chickens running around with no head on when all hell starts to break loose.
If you still think I am wrong, then unfortunatly you are a lost cause.
If you ain't a survivalist then you shouldn't be here, there are lots of other forums that will take care of all your emotional needs.
Peace and love to you all

Re: Oct. 24: Stock Market Crash
 

If you only experience good things, you will never truley appreciate the good.
A cracker to a starving man is a feast, yet a cracker to a full man is a waste.

I prefere to experience both good and bad so I can truley enjoy the good.
I suffer from severe dermatitis, and a good day for me is when I wake up and my hands arn't itchy and rubbed until they bleed. if you never suffered it, you would never know the joy unless you experience it.

The hardest thing in most peoples day is what they are going to wear, I missed days at work because I was unable to do up my buttons because of the swelling and bleeding.

As much as I hate the condition, in a way I am happy I experience it, because it keeps me grounded and constantly questioning every part of my life.

I know this doesn't have much to do with the stock market crash, but there are far more important things than money out there, money will not make you smile like when a baby says its first words or crawls for the first time.
Money will not make you smile because it cant crawl into your lap and just be there because of who you are.
Money can't kiss you good night and just hold you,

worry about money everyday and you become it's slave,
always remember that the univers gives you what you need when you need it, not when you want it.

Re: Oct. 24: Stock Market Crash
 

Good post munkey, :thumb_yello: I agree all the way. I'd like to meet the bloke that invented money and give him a good talking to :mad3: The next fellow who'd get the same treatment is the one who invented interest on money borrowed :mad3: and finally, for the turkey that invented the stock market, another dose of the same. :mad3:

Well, I probably wouldn't do any of that, but I feel a lot better after getting it off my chest. :naughty:

Re: Oct. 24: Stock Market Crash
 

I didn't say I haven't made physical preperations, I have but there are also other forms of support here, you will need it all if the SHTF
I will survive long enough to serve my purpose, maybe all the way to the other side. :thumb_yello:

Re: Oct. 24: Stock Market Crash
 

We will see very shortly how accurate this assessment I made last July is correct. And ANYONE who did the same research and applied it could have made the same prediction.

The prelude before the storm.

Thanks for the support.

Obviously you never took the time to read my post. If you had, you would not have said, "It is strictly speculation."

No one is asking you to believe.

I have been buying puts at the tops and selling them at the lows. Currently bought one S&P put yesterday and have order in to sell it tomorrow near the projected low. If I am correct, I will sell it at over 10 times more than I paid for it. BTW, my current guess for S&P low is about 650 vs the 912 now.

In other words, I am putting my money where my mouth is. Are any of my critics here putting their money where their mouth is???

Most of the research I did to make the Bible post was accumulated over a period of 40 years. Until April 2005 I was not able to put it together to make any sense whatsoever. What I have posted 3 months ago was mainly put together on 21 April 2005 and fleshed out in July when I posted them at these links.

Ditto when Australia dumped their gold years ago.

Just because a market is down 40% does not mean we have had a crash. A crash is when people are trying to get out of the market at ANY price, in other words a PANIC. We have not had a panic yet in this downdraft. I expect one tomorrow. We will see how close I am. For estimated numbers go back and read the followups to my original post.

And there is NOTHING 'new' about this prediction. Go read the original link and PAY PARTICULAR ATTENTION TO WHEN IT WAS POSTED. Then show me ANYONE ELSE at the SAME time OR BEFORE that made the same prognosis. Also note that I have said that I could have posted it as early as [21] April 2005, but did not - I know that is unprovable, but still true.

You may be correct, but 6000 or so TOMORROW from 8600 today WOULD be a calamity.

ROFLOL.

Very good point.

Most predictions are pulled out of a magician's hat, rabbit and all. Mine was not. It is the result of research and believing that history repeats itself. Does that make it correct? Of course not. But predictions based on fact can be correct a high percentage of the time, whereas other predictions have the statistical odds against them so high that they seldom come true.

More like 99,999 out of 100,000 times or worse that people ignore.

By definition analysts analyze AFTER THE FACT. They would not be analysts if they could predict the future.

**************

In a few hours, or days at most, we will see if the research and application of it again holds up under the scrutiny of real life.

Re: Oct. 24: Stock Market Crash
 

Mmerlin, very interesting about your prediction. I won't be too surprised if it happens...but I also wouldn't be surprised at a slower downturn. Either way, down it will go....

Re: Oct. 24: Stock Market Crash
 

Ok, I will be the first to admit I know nothing about the stock market and have only come to really TRY to understand it over the last couple of months and after listening to some posts by camelot. My question, is what exactly do you think will trigger this significant drop? Just a question.

Re: Oct. 24: Stock Market Crash
 

I don't happen to use biblical prophecy to make stock market forecasts (though I readily admit it might be as accurate as any of a number of other methods), but the timing of Oct. 24 for a major market decline ("crash" if you prefer) seems about right to me.

As Knightbk points out, at this point, words like "crash" are relative. The stock market is already around 40% below its all-time peak. We are headed down to at least 1800 on the Dow and quite possibly, just triple digits. We will get there not in a day, but over a few years, in a process of many days of 3-5% declines, punctuated by occasional (and steep) rallies to the upside.

My next near-term downside target is 6800-7000 on the Dow. I wouldn't be surprised to see it go quite a bit lower. However, following that decline, we should see a sustained rally back up to the 8800-9000 level, possibly even shooting as high as 10,000. Therefore, whatever "crash" may occur on or around Oct. 24 should be seen as one of many sharp drops, rather than as a mammoth one-time event.

While a nimble trader could theoretically make a good profit going long at 7000 and selling at 9000 on the Dow, in reality, it's far too risky that (s)he would get run over by the great bear market. The strategy of buying put options discussed above on this thread can be a good option for savvy traders, but at some point, many of the brokerage houses themselves are going to go broke (no pun intended), and so even if your online trading account shows you as "having" hundreds of thousands of dollars, you could still find yourself getting stiffed by your bankrupt broker when you want to convert those computer entries into real money, i.e. gold.

Re: Oct. 24: Stock Market Crash
 

Hi mmerlinn,

Thanks for clearing up things in this forum and especially my own thread. Yesterday, we all saw a huge stock market decline, and the Nasdaq and S&P 500 hit new rock-bottom records! And today, we are seeing some extreme ups and downs. At this moment, the stocks are going down again. These are all precursors to perhaps what will happen tomorrow (October 24). Overnight, we also saw massive declines in the Asian markets. So everybody...hold on tight for a wild ride this weekend!

-Phillip

Re: Oct. 24: Stock Market Crash
 

Ok, here is another question to which I cannot find an answer. I have read article after article about derivatives, collapse of the dollar, etc. Can it be explained to me on an elementary level what a derivative is and how it works?
Also, how does it affect the dollar?

Re: Oct. 24: Stock Market Crash
 

No idea.

However, a someone dropped a dollar bill on the stock market trading floor yesterday and it caused a STAMPEDE. Fortunately no one got hurt though it is known that the dollar bill changed hands at least 65 times before it disappeared.

Something as simple as that could be the trigger for a stock market panic.

Re: Oct. 24: Stock Market Crash
 

What in the world? A one dollar bill? How greedy can you get? If a dollar bill can cause that, what would a hundred dollar bill do? I guess I should experiment.... Anyways, I look forward to a dollar crash more than a stock market crash. Because this dollar rallying bit is really getting on my nerves. The world's currencies all pretty much declining while the dollar goes higher than ever. People won't wake up until the dollar gets a hit. Because no one can afford anything. It's a much bigger deal than a stock market crash for main street in my opinion and quicker too.

-Phillip

Re: Oct. 24: Stock Market Crash
 

The Markets will muddle along until they get the rest of the taxpayers money....they only got a portion of the 700 bil.

Re: Oct. 24: Stock Market Crash
 

You made me smile on that one mmerlinn.

Re: Oct. 24: Stock Market Crash
 

Was probably more along the line of "I have never seen one of these before. WHAT IS IT???"

Re: Oct. 24: Stock Market Crash
 

Here is something to consider:

http://jessescrossroadscafe.blogspot...nnot-take.html

And this could be the straw that broke the camel's back.

Massive failure to deliver would DRAMATICALLY push the market DOWN.

So would massive dumping of treasuries.

*************

Oops. Did not realize I double posted here until too late.

Re: Oct. 24: Stock Market Crash
 

I am happy to see you at this forum mmerlinn!

I read your whole prediction information and I want to say I really admire your work!

Most of people, I have noticed, are in a complete state of denial, they want to push away any warning them information they get!
They want to live in their little unrealistic worlds and believe anything unreal, but the truth is to hard to swallow for them!

The warnings from whistle blowers they call fear mongering!
The prophecies they are told they lough about, but the insane media and even more outrageous informations from fake prophets like Zacharia Sitchin they accept as absolute truth!

Thank you mmarlinn for your interesting take on a possible future events!.I do take them seriously, and for the last 2 years I made many steps to protect myself and my family from coming events!!

Now everybody is asking: How did you know!!( I sold my house 2 years ago for an absolute awesome price).
I simply researched on the information that many calls fear mongering!

Re: Oct. 24: Stock Market Crash
 

There will not be a crash tomorrow.

It will go down 300-400 points, that is it.

Re: Oct. 24: Stock Market Crash
 

Thanks mmerlin for the info on derivatives. If I understand this info correctly from my first read, this stuff sounds very risky at best.

Re: Oct. 24: Stock Market Crash
 

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

Re: Oct. 24: Stock Market Crash
 

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

Re: Oct. 24: Stock Market Crash
 

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. :tongue2:

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

Re: Oct. 24: Stock Market Crash
 

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

Re: Oct. 24: Stock Market Crash
 

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.

Re: Oct. 24: Stock Market Crash
 

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? :wall:

Re: Oct. 24: Stock Market Crash
 

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.

Re: Oct. 24: Stock Market Crash
 

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.

Re: Oct. 24: Stock Market Crash
 

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

Re: Oct. 24: Stock Market Crash
 

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. . .

Re: Oct. 24: Stock Market Crash
 

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.

Re: Oct. 24: Stock Market Crash
 

...o yes, this was right:mad3: