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| Spirit Of Truth | Stock Market Update | Unreported Truth |
A plunge below Dow 10,000 may soon occur. The DJIA closed down 123 points today to 10,175, just 2 percent above the psychologically important 10,000 mark. As I explained in my article two days ago, breaks below psychologically important thousand marks in the DJIA tend to precipitate panics.
Notably, according to the work of Steven Puetz, we are currently in a high risk window for a stock market crash. Read the following market analysis post by Peter Eliades:
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USA Forum Posted by: dealer Posted on: 7th Jul 2001 06:42:00 Message: Peter Elidades , author of Stock Market Cycles comments on Puetz crash Peter Elidades, author of Stock Market Cycles. "A study was completed by Steven Puetz (pronounced Pitts) showing that 8 of the 12 greatest stock market crashes in history from the Holland Tulip Mania in 1637 to the Tokyo crash in 1990 fell within a time frame of six days before to three days after a full moon (usually also a lunar eclipse) that occurred within six weeks of a solar eclipse. The odds of this happening by chance are estimated to be less than one chance in 127,000." It is my understanding that this lunar eclipse time period usually marks the onset of the crash wave, which usually takes a week or two to fully unfold, and the worst day of the crash does not usually fall on these few days around the full moon. In fact, Chris Carolan, has shown that it is more likely to occur approximately 55 hours prior to the following new moon. Yesterday, we had a full moon which was also a lunar eclipse and occurred two weeks after a solar eclipse. We had the same setup in 1987 where the market started tanking right on the 10/6 lunar eclipse following the solar eclipse but did not all-out crash until 13 days later, just before the new moon. I doubt the market will crash on Monday and I also differ slightly with regard to the often reliable 55 hour time window prior to the new moon which would indicate the possibility of a panic on 7/18. My own analysis and cycle work has July 16th as the day of maximum panic. |
The "astroharmonics" that suggest a market panic is in the works for mid-July is also reinforced by the work of Chris Carolan who foresees a panic low into July 15th-18th timeframe. Notably, this low is a Spiral Calendar anniversary from the low reached in October of 1990 after Iraq invaded Kuwait.
One should note that July 17th is going to involve a significant five planet alignment.
From Robert Hitt's AstroEcon web site:
"A significant 5 planet alignment between Mars Pluto Saturn Venus and the Moon will be exact on July 17th."
Below is an Astrolog Chart for July 17th showing the planetary alignment:
*** Astrolog Chart for July 17th, 2001 ***
+-------<11>23Leo02----<10>23Can31-----<9>25Gem46-----------+
| | Sun 24Can59 | | |
| | | Mer 6Can06 | Ven 13Gem00 |
| | | Jup 1Can00 | Sat 10Gem48 |
| | | | Moo 10Gem00 |
<12>24Vir58----|-----------------------------|-----27Tau39<8>
| | | |
| | Astrolog 5.40 chart | |
| | Tue Jul 17 2001 12:00pm | |
| | ST +00:00, 0:00W 0:00N | |
<1>27Lib21-----| UT: 12:00, Sid.T: 7:41 |-----27Ari21<7>
| | Placidus Houses | |
| | Tropical / Geocentric | |
| | Julian Day = 2452108.0000 | |
| | | |
<2>27Sco39-----|-----------------------------|-----24Pis58<6>
| | | | |
| Plu 12Sag55r | | | |
| Mar 15Sag06r | | | |
| | | Nep 7Aqu44r | Ura 23Aqu58r |
+-----------25Sag46<3>-----23Cap31<4>-----23Aqu02<5>--------+
As can be surmised by reading through my article on Astroharmonics, the presence of a major planetary alignment in mid-July is conducive to an extreme high or low in the stock market.
Importantly, one should note that July 17th is a special date for Saddam Hussein. This is the anniversary of the 1968 Ba'th revolution that brought him to power. Each year he usually gives his most bellicose speeches on this date after which Iraq tends to become more aggressive. This was particularly so in July of 1990 when in his Revolution Day speech Saddam threatened Kuwait. Iraqi troops massed against Kuwait and then invaded on August 2nd of that year precipitating a major Middle Eastern crisis.
As I explain in my article on Kremlin Astrology, there is strong evidence that Saddam Hussein, likely with Moscow's backing, shapes history according to astrology. This certainly appears to have been the case in 1990 given how July 17th of that year coincided with an alignment of the Sun, Jupiter, Saturn, Neptune and Uranus (see Astrolog chart below).
*** Astrolog Chart for July 17th, 1990 ***
+-------<11>22Aqu12----<10>22Cap45-----<9>25Sag00-----------+
| | | | |
| | | Sat 21Cap51r | |
| | | Nep 12Cap53r | |
| | | Ura 6Cap54r | |
<12>24Pis04----|-----------------------------|-----26Sco51<8>
| | | |
| | Astrolog 5.40 chart | |
| | Tue Jul 17 1990 12:00am | Plu 15Sco00r |
| | ST +00:00, 0:00W 0:00N | |
<1>26Ari28-----| UT: 0:00, Sid.T: 19:38 |-----26Lib28<7>
| | Placidus Houses | |
| Mar 2Tau56 | Tropical / Geocentric | |
| Moo 14Tau34 | Julian Day = 2448089.5000 | |
| | | |
<2>26Tau51-----|-----------------------------|-----24Vir04<6>
| | Ven 26Gem12 | | |
| | | Mer 9Leo33 | |
| | | Sun 24Can10 | |
| | | Jup 22Can53 | |
+-----------25Gem00<3>-----22Can45<4>-----22Leo12<5>--------+
Historically, when the major stock averages, and the DJIA in particularly, reaches or trades around psychologically important round numbers like thousand marks, the stock market will top-out and, failing to hold above the mark, sharply reverse course. The remarkable feature of these stock market reversals at thousand marks in the DJIA is that they are triggered by bad news that follows the market top.
For instance, right after the DJIA failed at Dow 8000 in late-October of 1997, a mini-crash occurred in association with a financial panic in Asia.
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Finally, between 1966 and 1982, the DJIA reversed from the "Magic 1000" barrier several times. After each reversal, all kinds of troubles emerged ranging from OPEC oil embargoes, to the Vietnam War, to Watergate. One of the most notable cases occurred in October of 1973 when the DJIA rose to just below Dow 1000 as the Arabs launched a surprise attack against Israel which, in turn, led to a major East/West confrontation and an Arab oil embargo against the West. Consequently, the world economy entered a severe contraction and stock prices plunged in the largest market correction up to that time since the Great Depression.
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In 2000, the stock market made a top of historic scale - Grand Supercycle scale in terms of the Elliott Wave Principle. This top was reached above Dow 10000 and above the 5000 mark in the Nasdaq Composite.
Now the DJIA is once again closing in for a possible break below Dow 10000 and the Nasdaq Composite is headed for a drop below the psychologically important 2000 mark. Will the world stock markets enter some sort of Grand Supercycle crash if these psychological marks are breached? And if so, what sort of world events might precipitate the reversal from these key psychological levels in the major averages.