Thursday, February 04, 2010

Failure at Dow 10,000?

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Just a heads up.

The DJIA closed today down 268 points, closing just above the psychologically important 10,000 mark:

As overviewed in my thesis, sometimes failures at thousand marks in the DJIA are associated with financial panics and significant negative historical "shocks". These shocks can take the form of financial and economic developments, but they also can take the form of geopolitical shocks, e.g., outbreaks of war:

In this regard, as monitored in this blog, current developments in the Middle East are certainly disconcerting.

One might note that the anniversary of my 'apocalyptic vision' is February 6th (from what I recall), although I seriously doubt the timing of what I saw was relevant.

Be alert and be prepared.

God have mercy on us all.

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