Stock Market Crash Alert

Stocks dropped sharply into the close today with the DJIA falling 223 points:

Since the DJIA's reversal from the psychologically important 17000 mark in the wake of the (blood moon) lunar eclipse last Tuesday, the stock market has come down more than four percent.  This may be the opening salvo of selling in the greatest "panic" in human history.

As highlighted in this blog many times over the years, there is a tendency for mass mood to collapse in the autumn.  In fact, thirteen of the twenty worst single-day percentage drops in the DJIA occurred between late-September and early-November, i.e., 65% of the twenty largest daily drops in the stock market occurred in a time interval that constitutes less than 14% of the annual calendar:

Dow Jones Industrial Average: Worst Single-Day Declines (Dow Jones Industrial Average, percentage change) Percentage Date Decline __________________________________________ October 19, 1987 -22.61% October 28, 1929 -12.82% October 29, 1929 -11.73% November 6, 1929 -9.92% December 18, 1899 -8.72% August 12, 1932 -8.40% March 14, 1907 -8.29% October 26, 1987 -8.04% October 15, 2008 -7.87% July 21, 1933 -7.84% October 18, 1937 -7.75% December 1, 2008 -7.70% October 9, 2008 -7.33% February 1, 1917 -7.24% October 27, 1997 -7.16% October 5, 1932 -7.15% September 17, 2001 -7.13% September 24, 1931 -7.07% July 20, 1933 -7.07% September 29, 2008 -6.98%

More specifically, the tendency is for financial panics and waves of mass fear to develop after the full moon in the Hebrew month of Tishrei (this year this meant a lunar eclipse -it marks the beginning of the Jewish harvest festival of Sukkot between Tishrei 15-22) and climax toward the end of the month and new moon.  This autumnal part of the lunar cycle, which usually occurs in October on the Gregorian Calendar, has witnessed the following panics:

13 October 1857 = Panic of 1857 = 25th of Tishrei, 5618

24 September 1869 = Black Friday in 1869 = 19th of Tishrei, 5630

29 October 1929 = 1929 Stock Market Crash = 25th of Tishrei, 5690

26 October 1962 = Cuban Missile Crisis = 28th of Tishrei, 5723

24 October 1973 = Yom Kippur Arab/Israeli War = 28th of Tishrei, 5734

19 October 1987 = 1987 Black Monday Crash = 26th of Tishrei, 5748

13 October 1989 = 1989 Friday the 13th Crash (+earthquake) = 14th of Tishrei, 5750

27 October 1997 = 1997 Asian Financial Crisis = 26th of Tishrei, 5758

24 October 2008 = 2008 Financial Crisis (max VIX) = 25th of Tishrei, 5769

[Note that I've included in the list above the October 1962 Cuban Missile Crisis and October 1973 Arab/Israeli Yom Kippur War since, while not reflected in major stock market crashes, these historical crises were still effectively mass panics. This was signified on both occasions by the fact that the highest DEFCON nuclear alerts ever were reached during these crises, actually peaking right into the same time frame of the 7th lunar month as when the stock market crashes in 1929 and 1987 climaxed.]

Could the historical pattern be repeating this October of 2014?

Of course, all of this must be poppycock because the geniuses in economics and finance departments at colleges around the world are still teaching that markets are efficient, there are no predictable patterns (like the Elliott Wave Principle is based upon) and the stock market follows a "Random Walk".  Thus, it's perfectly OK for people to think and behave as selfish, hedonistic animals like "homo economicus" because, in the long-run, competitive market societies like America will gravitate toward "general equilibrium" (READ: "social harmony") and Pareto optimality (READ: maximum happiness for all).  So go ahead and place your faith in Mammon (the "god" of "in god we trust" on American currency should be small-cap) and worship the bronze Charging Bull on Wall Street (our version of the Golden Calf), because great minds have put together an incredibly sophisticated. mathematically consistent theoretical system called the neoclassical synTHESIS that just about proves greed is good and laissez-faire capitalism is the way to manage this world!

Well....I have an opposing THESIS.

For a decade I was schooled in this utter tripe and now it's my turn to school the Ayn Rand-loving herd that pontificates this FALSE RELIGION to the masses to reinforce the current manic peak of collective bipolar insanity we're in the midst of (yes Professor Langlois, I ended that sentence with a preposition!).

We are all part of a social organism and unless we heed the Golden Rule of LOVE that God commands, in the long-run, a world driven by selfishness and greed will gravitate toward general disequilibrium of unprecedented historical scale, what one might call an Elliott Wave Grand Supercycle peak, soon after which the system-as-whole will collapse upon itself or, more specifically, CRASH....most probably in October when the mood of our insane species typically breaks down.

Of course, who am I to tell you all about how the real world works?  I'm up against the greatest minds in the world - esteemed professors, eminent scholars,  the Who's Who scientific establishment ruling modern times - while I'm just some manic-depressive nutcase who's so crazy he thinks he might be Jesus Christ returned!  I'm supposed to better know REALITY?! LOL!!!

Well....I do, because I bothered to actually take a look at it.

Let's all be thankful the reversal in the stock market from Dow 17000 thus far has been constrained to typical Wall Street insanity.  As it is, the projection per the historical pattern is for a panic climax into early next week (Tishrei 25-28 is October 19-22 this year).  I deeply hope and pray that, should this unfold, it's simply a '29-style financial panic and the inevitable onset of the next economic recession (well, it's rather obvious we'd be heading into the second Great Depression this time around).  If the panic starts to take the form of a geopolitical crisis, i.e., WAR, then it could very well be that DEFCON 1 will be reached next week.  In that case, all bets are off, and everyone might as well accept Jesus into their hearts, beg for God's mercy and head for the hills as quickly as possible...

EOM

This Week's Lunar Eclipse, Autumn Panics & God's Harvest

And God said, "Let there be lights in the vault of the sky to separate the day from the night, and let them serve as signs to mark sacred times, and days and years." [Genesis 1:14]

“There will be signs in the sun, moon and stars. On the earth, nations will be in anguish and perplexity at the roaring and tossing of the sea. People will faint from terror, apprehensive of what is coming on the world, for the heavenly bodies will be shaken. At that time they will see the Son of Man coming in a cloud with power and great glory. When these things begin to take place, stand up and lift up your heads, because your redemption is drawing near.” [Luke 21:25-28] 

This week, on October 7-8, there will be a total lunar eclipse.

Does this eclipse portend the crash of Western civilization? There's compelling reason to think so.

In recent weeks or months, you might have caught Pastor John Hagee, Rabbi Mark Biltz and/or Rabbi Jonathan Cahn on television or elsewhere discussing how a "tetrad" (4 consecutive) of blood moons (total lunar eclipses) are occurring in 2014 and 2015 that will coincide with the Jewish holidays of Passover and Sukkot during the spring and autumn, respectively.

We are now approaching the second lunar eclipse in the tetrad series on October 8th next week.



According to the Hebrew calendar, this next eclipse is occurring at the beginning of a Jewish "Sabbatical year" called a Shemitah (the lunar-based Hebrew calendar effectively starts in September on the Gregorian calendar).  According to biblical tradition, this year is supposed to be set aside by Jewish faithful for serving God and during it land must rest and crops not be planted.  Hence, the harvest gathered in the autumn at the beginning of the Sabbatical year is extra important since it will be used for two years.

The lunar eclipse this week marks the beginning of Sukkot, the Jewish harvest festival. Sukkot runs seven day, i..e, from October 8th to 15th this year on the Gregorian calendar.  On the Hebrew calendar this is from Tishrei 15 to Tishrei 22.

As explained in my Master's Thesis on "Manic-Depressive Man" and repeatedly highlighted in this blog, there is a seasonal tendency for "panics" to occur in mass mood during late-Tishrei on the Hebrew calendar which is usually October on the Gregorian calendar. Typically these waves of collective fear show up on Wall Street in the form of financial panics.

Incredibly, as discovered by Chris Carolan, author of the award-winning 1998 article written, Autumn Panics: A Calendar Phenomenon, the 1929 and 1987 stock market crashes climaxed into the same day on the Hebrew calendar, i.e., the 28th day of the 7th lunar month (Tishrei on the Hebrew calendar):





I took Carolan's discovery a step further utilizing an online Hebrew date converter. What I found is that the tendency is for mass panics to develop between the full moon and new moon in the second half of the 7th month on the lunar calendar which is generally equivalent to the period between Tishrei 15 and Tishrei 30 on the Jewish calendar (usually late-October on the Gregorian calendar). During this annual time window, the following major "panics" took place:

13 October 1857 = Panic of 1857 = 25th of Tishrei, 5618

24 September 1869 = Black Friday in 1869 = 19th of Tishrei, 5630

29 October 1929 = 1929 Stock Market Crash = 25th of Tishrei, 5690

26 October 1962 = Cuban Missile Crisis = 28th of Tishrei, 5723

24 October 1973 = Yom Kippur Arab/Israeli War = 28th of Tishrei, 5734

19 October 1987 = 1987 Black Monday Crash = 26th of Tishrei, 5748

13 October 1989 = 1989 Friday the 13th Crash = 14th of Tishrei, 5750

27 October 1997 = 1997 Asian Financial Crisis = 26th of Tishrei, 5758

24 October 2008 = 2008 Financial Crisis = 25th of Tishrei, 5769

Note that I've included in the list above the October 1962 Cuban Missile Crisis and October 1973 Arab/Israeli Yom Kippur War since, while not reflected in major stock market crashes, these historical crises were still effectively mass panics. This was signified on both occasions by the fact that the highest DEFCON nuclear alerts ever were reached during these crises, actually peaking right into the same time frame of the 7th lunar month as when the stock market crashes in 1929 and 1987 climaxed.

In 2014, Tishrei 15-30 on the Hebrew calendar will fall on October 8-23 on the Gregorian calendar. Thus, with the lunar eclipse this week, we are entering the period when panics tend to kick-off according to mass mood seasonality. If a mass panic develops, it may climax into October 20-23 as the historical pattern suggests.

That a lunar eclipse could seemingly "trigger" a coming panic should come as no surprise to anyone who frequents this blog.

We are now entering a "Puetz eclipse crash window" with the lunar eclipse this week that will be followed by a solar eclipse on on October 23rd.

"Puetz attempted to discover if eclipses and market crashes were somehow connected. Without discussing our own opinion on the potential connection between astronomical configurations and market timing, let's simply relate to you the basic findings discussed by Puetz. He emphasized that he is not contending that full moons close to solar eclipses cause market crashes. But he does conclude that a full moon in general and a lunar (eclipse) full moon close to solar eclipses, in particular, seem to be the triggering device that allows for the rapid transformation of investor psychology from manic greed to paranoia. He asks what the odds are that eight of the greatest market crashes in history would accidentally fall within a time period of six days before to three days after a full moon that occurred within six weeks of a solar eclipse? His answer is that for all eight crashes to accidentally fall within the required intervals would be .23 raised to the eighth power less than one chance in 127,000."

". . .Puetz) used eight previous crashes in various markets from the Holland Tulip Mania in 1637 through the Tokyo crash in 1990. He noted that market crashes tend to be lumped near the full moons that are also lunar eclipses. In fact, he states, the greatest number of crashes start after the first full moon after a solar eclipse when that full moon is also a lunar eclipse . . Once the panic starts, Puetz notes, it generally lasts from two to four weeks. The tendency has been for the markets to peak a few days ahead of the full moon, move flat to slightly lower --waiting for the full moon to pass. Then on the day of the full moon or slightly after, the brunt of the crash hits the marketplace."

Notably, The 1929 stock market crash occurred with a Puetz crash window around a solar eclipse on November 1st of that year and the 1987 panic occurred in connection with a solar eclipse on September 23rd and lunar eclipse on October 7th in that year.

All in all, based upon seasonal patterns in mass mood swings, there is a danger the world will experience a mass panic (upset of collective beliefs and expectations) starting around the time of the lunar eclipse this week and climaxing into October 20-23.

What form might any approaching panic take?

This panic could take the form of a global financial meltdown and/or even a nuclear third world war.

ALSO SEE:

Is The Greatest Turning Point In Human History Near-At-Hand?

Dow 17000 & The Peak of Western Civilization?

Note that the lunar eclipses in 2014 parallel those in 32AD when Christ might have been crucified (although April 3rd, 33AD looks like a better candidate):

In 2014, the Hebrew calendar lines up with the Gregorian calendar in 32AD the same way as well.

Leave in the spring and return in the fall maybe?

[WORK PROCEEDING. STAY TUNED.] 

Elul 29 & The End Of The Age

Tomorrow is Elul 29 on the Hebrew calendar, the last day of the Jewish year 5774.  Starting Thursday (actually at sunset tomorrow), a new Sabbatical year, the Jewish "Shemitah", will begin.  Is this the 'End of the Age'?

THE MYSTERY OF THE SHEMITAH

Pastor Jonathan Cahn, a messianic Jewish Rabbi who leads Hope of the World ministries in New Jersey, just released a new book, The Mystery of the Shemitah, which focuses on the historical relationships between the Jewish "Shemitah", the Sabbatical year of rest that recurs every seven years on the Hebrew calendar, and economic and geopolitical crises.
Of particular note were the last two Shemitahs from September 30, 2000 to September 17, 2001 and from September 13, 2007 to September 29, 2008 (the Hebrew calendar year is based upon a lunar year).  Both of these periods saw substantial reversals in the stock market and economy that were capped by major crashes on the very last day of the Jewish year, Elul 29.
Elul 29 has special significance to Jewish believers in the Sabbatical year:

At the end of seven years you will make a release. And this is the manner of the release: to release the hand of every creditor from what he lent his friend; he shall not exact from his friend or his brother, because the time of the release for the Lord has arrived. (Deuteronomy 15:1–2)

Personal debts are considered forgiven at sunset on the 29th of Elul. Since this aspect of shmita is not dependent on the land, it applies to Jews both in Israel and elsewhere. (Wiki)

As noted in my September 2012 blog on the topic:

....there is an intriguing phenomenon surrounding the date of Elul 29 on the Jewish calendar.  As Rabbi Cahn discovered and spelled out in his book, The Harbinger, on this last day on the Jewish calendar in the last two Sabbatical Years, 2001 and 2008 (Sabbatical Years occur every seven years under Jewish tradition), two of the three largest point drops in the DJIA in stock market history occurred: 

The plunge of just over 7 percent or nearly 700 points on 9/17/01, or 29 Elul 5761 on the Hebrew calendar, occurred in response to the 9/11 attacks.  The drop of 777.7 points or 7 percent on 9/29/08, or 29 Elul 5768 on the Hebrew calendar, took place in reaction to the U.S. Congress failing to approve the first vote for a Wall Street bailout during the financial crisis that year. 

As pointed out in the section of my April (2012) blog dubbed, "The Mystery Of The Shmita & The Septennial Sabbatical Cycle", it's an incredible coincidence that two of the three largest point drops in the Dow struck on the last day of the seven-year Jewish Sabbatical cycle.  In fact, statistically the odds of this occurring are more than a million to one. 

So maybe God's trying to make a point with us.  What point could that be?

To be continued...

ELLIOTT WAVES & AUTUMN PANICS
HISTORY REPEATS ITSELF
ECLIPSES & MISFORTUNES
THE ASSYRIANS & GOD'S JUDGMENT
BELIEVERS vs. NON-BELIEVERS
MAN vs. GOD
HISTORY IS GOD'S LOVE STORY
THE MILLENNIAL SABBATH

Jonathan Cahn, The Coming Shemitah Year & God's Judgment

This week will see the Jewish holiday of Rosh Hashanah and the beginning of a new "Shemitah" year. Will this be the year of God's Judgment of this world? There's compelling reason to believe so.

Of course, I have tried to warn you all to apparently no avail...

UKRAINE CRISIS: Russian financial and economic warfare against the West?

"An attempt to announce sanctions would end in a crash for the financial system of the United States, which would cause the end of the domination of the United States in the global financial system." - Sergei Glazyev, Kremlin aide, 3/4/14

(NSA Official) Plunkett told CBS: “Don’t be fooled. There are absolutely nation states who have the capability and the intention to do just that,” ie “literally take down the U.S. economy.” If this revelation is widely discussed tomorrow morning, it could very well have a serious negative effect on stock prices. - Forbes, Some Foreign Nations Have The Cyberwar Capability To Destroy Our Financial System, NSA Admits, 12/15/13

Last Tuesday, the U.S. and E.U. announced new economic sanctions against Russia in response to ongoing Russian military involvement with separatists fighting in eastern Ukraine.  These new stringent sanctions that are geared to impact Moscow's access to Western capital and the Russian oil industry came in the wake of the downing of Flight MH17 over the Donetsk region of Ukraine on July 17th.

Right after this new round of sanctions was announced, a sharp sell-off in stocks began on Wall Street with dramatic reversals from the psychologically important 17000, 11000 and 6000 marks in the DJIA, NYSE and DJ Composite indices, respectively:

The drubbing on Wall Street was spearheaded by a pronounced decline in financial stocks:

The five big American investment banks, J.P. Morgan (JPM), Bank of America (BAC), Citigroup (C), Goldman Sachs (GS) and Morgan Stanley (MS), all fell sharply.  These key financial institutions "control 95 percent of cash and derivatives trading for U.S. bank holding companies", a $700 trillion (with a "T") market.  Thus, the more they go down, the greater the danger of a collapse in the global financial system.

The sell-off in stocks last week was attributed to a bond default by Argentina and the newest round of economic sanctions on Russia, and this is the most likely and plausible explanation.

However, the lack of really pertinent news to cause such a sharp drop, including a 300+ point plunge in the DJIA on Thursday, prompted me to wonder about how Russia might retaliate against the West for new economic sanctions.  Beyond banning the import of some European fruit, Moscow has done little.

Such an impotent response from the Kremlin thus far seems a little odd to me given my supposition that Russia's emergent war on Ukraine is part of a large-scale plan to draw the West into World War Three.  Surely more aggressive retaliation must be in the works.

Indeed, keep in mind here my Global Bipolar Hypothesis.  According to this hypothesis, Western beliefs and expectations have been misled to irrational heights, represented by the DJIA peaking above the 17000 benchmark in July, for the sole purpose of a strategic upset by the powers of the East in the form of a surprise third world war.

While I've long emphasized that the form of that war will ultimately involve a thermonuclear attack on the U.S. and its allies, what I've failed to highlight is how the Kremlin's war plan involves using all fronts to overtake "world capitalism" including psychological, ideological, diplomatic, economic and political forms of struggle.

Nuclear war is a complex and many-sided process, which in addition to the operation of the armed forces will involve economic, diplomatic and ideological forms of struggle.  They will all serve the political aims of the war and be guided by them. [Soviet Strategy for Nuclear War (1979)]

In this regard, Russia has already been achieving great successes such as global misinformation campaigns to vilify America using media outlets like RT and al Jazeera and the election of Barack Obama as U.S. president.

But what of economic warfare?  After all, if I'm right, the worldwide struggle between the forces of Communism and Capitalism never ended but rather took a dangerously deceptive new form with the purported 'end of the Cold War'.

It would make sense that part of the Kremlin's strategy is to effect the failure of the capitalist system to prove the need for a authoritarian 'socialist' new world order in place of Capitalism before nuking America to assuredly gain global dominance.

How might this be achieved?

As made clear in my "Manic-Depressive Man" thesis, I'm aware of the inherently cyclical, self-destructive dynamics of market economies. The question here is whether or not these tendencies might be strategically manipulated by Moscow to achieve the end of world Capitalism.  Certainly the last major cyclical downturn into 2009 was a close call and little has been done to correct the failings within the system since then to prevent a far graver collapse:

But what if the Kremlin plans to give the global capitalist system a 'little push'?

In this light, please read TheBlaze.com article, ‘Jaw-Dropping’: Former U.S. Treasury Secretary Makes Bombshell Claim About Russia and 2008 Financial Crisis (and Why It May Sound Familiar).

Also see the Washington Times article, Financial terrorism suspected in 2008 economic crash. Here's an excerpt:

Mr. Freeman wrote the report (“Economic Warfare: Risks and Responses”) for the Pentagon’s Irregular Warfare Support Program, part of the Combating Terrorism Technical Support Office, which examines unconventional warfare scenarios. 

“The preponderance of evidence that cannot be easily dismissed demands a thorough and immediate study be commenced,” the report says. “Ignoring the likelihood of this very real threat ensures a catastrophic event.” 

The report concluded that the evidence of an attack is strong enough that “financial terrorism may have cost the global economy as much as $50 trillion.” 

Because of secrecy surrounding global banking and finance, finding the exact identities of the attackers will be difficult. 

But U.S. opponents in Russia who could wage economic warfare include elements of the former KGB intelligence and political police who regard the economy as a “logical extension of the Cold War,” the report says.

Finally, check out Kevin Freeman's web site, GlobalEconomicWarfare.com.

This is a little something to think about as the stock market reverses, along with misled global beliefs and expectations, from the "peak of Western Civilization" most likely reached last month...

"These financial wars are inevitable, and they’re coming sooner than we think. We can hear their rumblings already. This is the beginning of World War III, and—God help us—we are not ready." - Kevin Freeman, World War III: The Coming Cyber-Financial Attack that will Shock America, 2/20/14

"In 2014, we face the imminent danger of a cyber-economic market crash that could wipe out $8 trillion or more of American wealth with a keystroke. It will make 1987’s Black Monday look like a picnic." - Kevin Freeman, THE STOCK MARKET WILL CRASH AND IT WILL HAPPEN IN MINUTES, 1/20/14 

Dow 17000 & World War Three?

The DJIA peaked out on July 3rd, closing above the psychologically important 17000 mark for the first time in history, and is now reversing course closing below 17K today:

Although I was a little early in calling the peak of Western Civilization in June, it is now starting to appear that the final top is in place.  Immediately with this reversal at Dow 17000 there is news of war erupting between Israel and Hamas in the Gaza Strip.

Last week, three kidnapped Israeli teens were found dead and Hamas started hitting southern Israel with rockets.  Consequently, earlier today Israel initiated a major military campaign against Gaza, dubbed "Operation Protective Edge", and Hamas has responded with an ongoing, expanded missile barrage against southern Israel that has included strikes on Tel Aviv and Jerusalem. The Israeli Defense Forces (IDF) has called up 40,000 reservists for a possible ground incursion into Gaza in the face of the growing missile onslaught by Hamas.

As has been highlighted in this blog many, many times, reversals from psychologically important thousand marks in key stock indices like the DJIA are often followed by major geopolitical shocks.

Here's three notable historical examples I often cite.

Between 1966 and 1982, the DJIA went up to the psychologically important "Magic 1000" barrier and reversed course multiple times.  Each major reversal off Dow 1000 involved significant bear markets with the stock market falling 20%+ five times.  Each of these bear markets involved all kinds of negative historical events and trends from the Vietnam War to oil shocks to Watergate.  This included the major reversal in the autumn of 1973 associated with that year's Yom Kippur Arab-Israeli War and the subsequent OPEC oil embargo which drove the DJIA down by 40%+ in a year's time and precipitated the worst economic downturn since the Great Depression up to that point.



Likewise, in the summer of 1990 the DJIA reversed from the psychologically important 3000 mark (reaching a closing all-time high that year of 2999.75 on July 16th and July 17th) and fell by 25% by October of that year.  This trend reversal took the form of Iraq's invasion of Kuwait, a significant oil-shock and the 1990 Gulf Crisis which pushed the economy into a recession.



A final profound example occurred in the autumn of 2001 when, just after the DJIA reversed below the psychologically important 10000 mark on September 6th of that year, Wall Street broke hard with the 9/11 terror attacks on the World Trade Center towers and Pentagon:


As for the current juncture, not only is the DJIA reversing from the 17000 milestone, the Dow Jones Composite, NYSE index and German DAX are turning down from the 6000, 11000 and 10000 marks, respectively:

Furthermore, this reversal likely comes in the wake of a historically important Grand Supercycle peak according to the Elliott Wave Principle.  What I believe constitutes the peak of Western Civilization:

In the wake of this peak, we should expect the collapse of Western Civilization.  In fact, the wave patterns that have unfolded indicate that what's most likely to occur is a rapid crash more so than an extended collapse.

What form could this crash take?

Honestly, I wouldn't be surprised if the current conflict between Israel and Hamas is leading up to what I foresaw 20+ years ago in my apocalyptic vision: chemical SCUD missiles slamming into Israel followed by a global nuclear war.

IRAQ SAYS 'TERRORISTS' SEIZE CHEMICAL WEAPONS SITE
Jul. 8, 2014 5:43 PM EDT 

UNITED NATIONS (AP) — Iraq has informed the United Nations that the Islamic State extremist group has taken control of a vast former chemical weapons facility northwest of Baghdad where 2,500 chemical rockets filled with the deadly nerve agent sarin or their remnants were stored along with other chemical warfare agents. 

Iraq's U.N. Ambassador Mohamed Ali Alhakim said in a letter to U.N. Secretary-General Ban Ki-moon circulated Tuesday that "terrorist" groups entered the Muthanna site June 11 and seized weapons and equipment from the protection force guarding the facility. 

He singled out the capture of bunkers 13 and 41 in the sprawling complex, which according to a 2004 U.N. report also contained the toxic agent sodium cyanide, which is a precursor for the chemical warfare agent tabun, and artillery shells contaminated with mustard gas.

Islamist Syrian rebels reportedly seize Saddam's CBW Scud missiles in Deir el-Zour - http://toi.sr/14fq7SL  via @timesofisrael

Does the Islamic State have a Scud missile? | via @Telegraph http://fw.to/C5Ugvog 

ISIS Parades Scud Missile 'Heading Towards Israel' - Middle East - News - Arutz Sheva http://www.israelnationalnews.com/News/News.aspx/182409 …



God have mercy on our souls...

Dow 17000 Update

The stock market is still topping out near the 17000 milestone in the DJIA.  Today there was a sharp reversal into the end of trading that suggests we might have passed the final high. In other words, we might have just passed the peak of Western Civilization:

Notably, a top at Dow 17000 is paralleling a peak at the psychologically important 6000, 11000 and 10000 benchmarks in the Dow Jones Composite, NYSE Composite and German DAX and respectively:

As for why mass mood extremes are reached coincident with the stock market reaching round number benchmarks, and as to why reversals from such tops coincide with seemingly exogenous geopolitical historical shocks, well these are very important questions to be answered.  As explained in my March 2011 blog, "Reversals from thousand marks in major stock indices & the anomalous motion of the planets", I believe the answers might be found in a mixture of quantum physics and religion.

One of the more difficult elements of the Abrahamic monotheist religions that dominate the world's belief systems is the notion of prophecy. Whether it be Judaism, Christianity or Islam, there is a common thread that history unfolds according to a set story purportedly authored by God the "Creator". Such a sense of historicism is anathema to the modern secular, materialistic worldview that holds history to be open-ended and authored by man's will rather than God's will. But what if the latter is truly the case?

The Elliott Wave Principle is premised upon the idea that mass mood swings unfold in the form of a deterministic, fractal-based pattern:

But why a fractal?

This is where things get interesting.

Fractals and the Holographic Principle go hand in hand.  Holograms are three-dimensional images recreated on a two-dimensional surface.

The essence of the Holographic Principle is very simple.  It is all about encoding information from a space in "n" dimensions into a space of "n-1" dimensions.  This is exactly what a holographic image does, allowing a view of a three dimensional object on a two dimensional surface, for example. [source]

What's interesting about a hologram is that if you break up the two-dimensional surface, i.e., the holographic plate, each piece will still recreate the whole three-dimensional image but with less resolution.  This is conceptually parallel to fractals.  If you break a given fractal into pieces, each piece still contains the whole fractal.  Just consider the Elliott Wave pattern above.  Each part contains smaller scale versions of the whole up-down pattern.

Science is currently discovering that our universe appears to be a hologram.  What if the information for our universe from beginning (Alpha) to end (Omega) is a four-dimensional image etched on the surface of three-dimensional space that we "measure" with our senses?  In other words, what if we are characters in a book reading a story already authored from beginning to end by an Author (God)?



Who is the Author?

Dow 17000 & The Peak Of Western Civilization?

“Pride goes before destruction, And a haughty spirit before a fall.” - Proverbs 16:18

“In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule.” - Friedrich Nietzsche

Today was a seemingly uneventful day in the stock market with the DJIA closing up 18.82 points to a closing all-time high of 16,943.10 on relatively light trading volume. Yet, there's a possibility that today will prove to have involved one of the most important events in human history: the all-time top in the U.S. stock market and, in turn, the effective peak of Western Civilization. Here's why I think so.

As noted in Sunday's blog, "Is The Greatest Turning Point In Human History Near-At-Hand?", at the end of last week Robert Prechter of Elliott Wave International released an alert that "there is a strong probability that the last all-time high in the Dow for years to come will register today". While Prechter may have been early in making his call, I believe the final piece of the puzzle came together today to mark the final top in the stock market.

In my Master's Thesis, "Manic Depressive Man", I posit that our species suffers from a "creative genius syndrome" known in psychiatry as a "bipolar disorder".  This form of collective insanity manifests as large-scale historical swings between mass manias of creative human activity and social depressions involving prolonged economic stagnation, general despair and destructive human activity.  A simple example of this cyclical historical pattern of social behavior occurred between the 1920s and 1940s.  The "Roaring Twenties" involved a period of rapid technological and economic development that peaked in 1929.  This top was followed by the October '29 Great Crash on Wall Street, the 1930s Great Depression and then the Second World War.

Thus, while reigning market theories of the day are fixated on the rationality of man and efficiency of markets, the historical reality is the opposite, i.e., human irrationality and recurrent bipolar waves of market instability are the rule.  (This is because the current leading financial and economic theorists are caught up in the collective insanity and their extraordinary popular delusions serve to reinforce the overall self-destructive trend.)

In the context of my 'manic depressive man thesis', my diagnosis highlights the importance of watching for bipolar "Elliott Waves" movements in stock prices, contrarianism and utilizing indicators of mass mood extremes to ascertain historical turning points and, lastly, topping patterns at psychologically significant thousand levels in major stock indices like the DJIA.  As for Elliott Wave patterns and psychological indicators of mass mood extremes, Robert Prechter's Elliott Wave International keeps timely track of historical conditions.  So rather than reworking the wheel on these elements, I invite readers to go to ElliottWave.com where, as of the time of this writing, a two-week free trial is available for anyone who wants a thorough update on where the world currently stands. Robert Prechter is offering free access to his work at this time because he understands, as I, that we likely have just completed or are about to complete the run-up in stock prices and associated mass mood from the extreme low reached in March of 2009 in association with the global financial panic and economic breakdown into that historical juncture.  In the broad Elliott Wave context and as noted in my weekend blog, this means the final top in U.S. stock prices likely forever.

What Elliott Wave International does not highlight is the role of psychologically important thousand marks in determining major historical turning points, and it is to this element that I'd like to now turn your attention.

As readers of my blog and viewers of my videos have long been exposed to, I pay close attention to when the stock market reaches and reverses from key thousand mark levels in widely watched U.S. and international stock indices. This is because such junctures not only mark key turning points in financial trends, they also tend to coincide with major historical "shocks" that set in motion major trend reversals.  These shocks can be completely "exogenous" (a fallacious term) to financial markets and the economy, e.g., geopolitical crises, outbreaks of war, etc.

Here's three notable historical examples I often cite.

Between 1966 and 1982, the DJIA went up to the psychologically important "Magic 1000" barrier and reversed course multiple times.  Each major reversal off Dow 1000 involved significant bear markets with the stock market falling 20%+ five times.  Each of these bear markets involved all kinds of negative historical events and trends from the Vietnam War to oil shocks to Watergate.  This included the major reversal in the autumn of 1973 associated with that year's Yom Kippur Arab-Israeli War and the subsequent OPEC oil embargo which drove the DJIA down by 40%+ in a year's time and precipitated the worst economic downturn since the Great Depression up to that point.



Likewise, in the summer of 1990 the DJIA reversed from the psychologically important 3000 mark (reaching a closing all-time high that year of 2999.75 on July 16th and July 17th) and fell by 25% by October of that year.  This trend reversal took the form of Iraq's invasion of Kuwait, a significant oil-shock and the 1990 Gulf Crisis which pushed the economy into a recession.



A final profound example occurred in the autumn of 2001 when, just after the DJIA reversed below the psychologically important 10000 mark on September 6th of that year, Wall Street broke hard with the 9/11 terror attacks on the World Trade Center towers and Pentagon:


As for the current juncture, this afternoon the DJIA came within 30 points of the psychologically important 17000 mark:

The Dow Jones Composite index got as high as 5999.37:

And overseas, the German DAX closed above the 10000 mark for the first time in history:

Is the same historical pattern repeating here, i.e., the stock market is peaking at psychologically important thousand marks in key indices?  If so, will a reversal come in the form of some seemingly exogenous geopolitical shock?

What's important to consider is that, per the Elliott Wave Principle, this is no ordinary top but rather a peak of unprecedented historical scale that should be followed by a 99%+ collapse in stock prices in a very brief period of possibly two years per Robert Prechter's recent special alert.

Hence my use of such strong language in current writings, i.e., that Western Civilization is peaking.  Not only are we looking at a peak of Western Civilization here, the form a reversal will take could very well be apocalyptic in nature, and this is where the rest of my work concerning Russia's strategic deception of the West for the purpose of unleashing a surprise nuclear third world war may unfortunately prove prescient.  We may very well be looking at the cataclysmic end of "capitalism" in the not-too-distant future.

God have mercy on our souls...