Saturday, January 16, 2010

A Turning Point?

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The DJIA was down 100 points today. Robert Prechter's January Elliott Wave Theorist came out yesterday showing how the Elliott Wave patterns of the stock market rally since last March's low completed into the solar eclipse (see related blog) that occurred before the stock market opened today.

With today's decline, the Elliott Wave short-term update announced that Primary wave 3 down has begun.

This is nothing short of the beginning of the Apocalypse wave. Robert Prechter's EWT included a chart projecting the DJIA would collapse by 90%+ from here to 1000 by the end of Primary wave 3 down which he indicates could be reached by early next year.

Please bear in mind that my 'apocalyptic vision' started with seeing a special report of a chemical missile attack on Israel. On this note, examine the news below.

Report: Israeli attack on Lebanon is imminent

Report: Turkey warns Lebanon that Israel may be planning attack

Report: Israel reassures Lebanon before IDF exercises

Nasrallah: War will change region's face

Israel suspects Qaeda or Hezbollah in Jordan blast

God have mercy on us all.

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