For regular leaders of my blog, you've seen from time to time that I reference my "Manic-Depressive Man" thesis and provide commentary drawn from the Elliott Wave Principle. We may now be at one of the most important historical turning points ever based upon my unique perspective.
"Given the terminal nature of the entire wave from the 2009 low, there is a strong probability that the last all-time high in the Dow for years to come will register today. The extremely low volatility of recent months is likely to transition to the greatest volatility ever recorded for U.S. stocks. Our timing work suggests that wave c to the downside will be relentless and do its damage over a brief span of two years."
- Rober Prechter, Elliott Wave Theorist interim report, 6/6/2014
The Elliott Wave Principle was developed in the 1930's by Ralph N. Elliott, an accountant by profession, who was bedridden for long periods of time due to chronic illness and took that time to analyze stock price charts in the wake of the 1929 Great Crash to determine if there was any recurring patterns. From this, he formulated Elliott's "Wave Principle" that the stock market generally proceeds in a path of three steps forward with two steps back on recurring scales of magnitude that is depicted like this:
That's what I've been trying futility to warn this world about for the past 20+ years! Western collective confidence in capitalism has been intentionally pushed to irrational heights by Kremlin strategic deceptions for the very purpose of a total upset in the form of a surprise nuclear third world war.
“One of the saddest lessons of history is this: If we’ve been bamboozled long enough, we tend to reject any evidence of the bamboozle. We’re no longer interested in finding out the truth. The bamboozle has captured us. It’s simply too painful to acknowledge, even to ourselves, that we’ve been taken. Once you give a charlatan power over you, you almost never get it back.” - Carl Sagan
AND THEN THE LAWLESS ONE WILL BE REVEALED, WHOM THE LORD JESUS WILL OVERTHROW WITH THE BREATH OF HIS MOUTH AND DESTROY BY THE SPLENDOR OF HIS COMING. [2 THESSALONIANS 2:8]
An Apocalypse (Greek: Ἀποκάλυψις Apokálypsis; "lifting of the veil" or "revelation") 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 a rather common-sensical way the term is associated with an eschatological final battle, the Armageddon, and the idea of an end of the world due to out of time. This perceptions may better be related to the phrase apokalupsis eschaton, literally "revelation at [or of] the end of the æon, or age". In Christianity The Apocalypse of John is the Book of Revelation, the last book of the Bible. (Wikipedia)