Friday, April 03, 2009

Dow 8000 & War?

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The DJIA is retesting the psychologically important 8000 mark here:

Again, there is a tendency for historical shocks to erupt with reversals from thousand level benchmarks in the DJIA. This subject is overviewed in my Stock Market Crash Alert.

In 1990, following a mid-July reversal from Dow 3000, Saddam Hussein invaded Kuwait:

(The DJIA closed at 2999.75 two days in a row on July 16th and 17th and did not close above the 3000 mark for the first time until 1991. On July 17th, Saddam Hussein gave a speech in which he first threatened Kuwait.)

In 2001, with a reveral from Dow 10,000 in early-September, 9/11 occurred:

Obviously, at the current juncture, North Korea needs to be on our radar given the rogue nation's imminent missile test

I am not offering an explanation here for why this phenomenon of mass psychology exists and repeats itself. However, I do believe that the answer as to why will be key to human understanding of reality and our place in the universe. In this light, please take a moment and watch the following video, History's Hidden Engine:

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