Meanwhile, psychologically significant thousand mark levels are also being approached in two key European bourses:
The UK FTSE is near the 6000 mark:
The German DAX is near the 7K mark:
There's also the Seoul KOSPI Composite reaching 2K, the Taiwan Weighted near 8K and the Singapore Strait Times index around 3K. (Notably, three countries highly vulnerable regarding China.)
Why is this relevant?
As overviewed in my Thesis and related Inefficient Market Hypothesis, challenging historical "shocks" that upset mass emotion often occur as the DJIA and other key stock indices reverse from psychologically significant round-number levels.
Dow 12K & The Anomalous Motion Of The Planets
Thousand Mark Reversals In Major Stock Indices
What about this time?
Well....as I've long been warning, the next major reversal according to the Elliott Wave Principle is likely to be a literal Apocalypse Wave:
Now bear in mind the building tensions in the Middle East (a focal point of the East/West bipolar imbalance) and the special report of a chemical SCUD missile attack on Israel I 'foresaw' 21 years ago this month.
I think it is fitting that at what might be the final relative high today, which represents an historical extreme of irrational collective beliefs and expectations, Republican presidential candidate Rick Santorum is being popularly ridiculed for a speech he made in which he warned that Satan was waging a war against America:
"This is not a political war at all, this is not a culture war at all, this is a spiritual war," Santorum said, according to a recording of the speech on the university's website. "And the father of lies has his sights on what you think the father of lies, Satan, would have his sights on. A good, decent, powerful, influential country, the United States of America." [CNN]
Truth is indestructible and ultimately triumphs since it is reality.
People may share lies and collectively believe falsehoods....even for centuries....but the truth is always still there.
It's a question of when the truth is uncovered, and this is what "Apocalypse" literally means: "An apocalypse is a disclosure of something hidden from the majority of mankind in an era dominated by falsehood and misconception, i.e. the veil to be lifted."
In this light, please understand that our collective insanity is deeply rooted in the fear of death, and this must be overcome for humanity to be saved IMHO:
Maybe this is why the "second coming" involves a profound historical example of reincarnation
upsetting to mass delusions about death in both science and religion.
So be it.
Given where 'organized science and religion' are taking the world, clearly some radical reorganization of the thoughts and feelings of man is in order.
I believe that's my prerogative.
As for why historical shocks erupt when the DJIA and other key stock indices around the world reach psychological barriers, I believe this corroborates the case for a holographic universe I've long thought to be correct:
[Read Michael Talbott's The Holographic Universe]
The only way that prophecy is possible is if our subjective realm is, in reality, a fiction relative to an 'Author' who knows the story from start to finish and opts to (have) foreshadow(ed) future chapters to characters within the Book (of Life). Thus, the entire story of the universe from beginning to end is a fractal-based distortion pattern etched on the three-dimensional surface we measure (by our senses) and thereby experience at each given moment as the four-dimensional space-time continuum (or something to that effect).
One noteworthy feature of a hologram is that if you break up the associated plate which generates this image, each piece of the plate will still recreate the whole image but with less resolution due to information loss. This is comparable to fractal patterns like the Elliott Wave where each part contains an image of the whole. Our universe is the same in nature as science is today discovering, thereby revealing how divine Revelation is possible.
"For the wisdom of this world is foolishness with God. For it is written, 'He catches the wise in their own craftiness'; and again, 'The Lord knows the thoughts of the wise, that they are futile.'" 1 Corinthians 3:19-20