Reversals from Thousand Marks in the Dow Jones Composite Index

Noticed yesterday that the Dow Jones Composite Index reversed from the 4000 mark and there was a sudden, significant shift in sentiment between inflation and deflation, mass optimism and pessimism, as the stock market and commodity prices sharply reversed course:









Out of curiosity, I decided to look further to see what happened with reversals from thousand marks in the Dow Jones Composite Index in prior years. I found a similar pattern to what has been observed with thousand mark psychological barriers in the Dow Jones Industrial Average:








Will a reversal from 4000 in the Dow Jones Composite Index be associated with a historical shock?

If so, at the least, Korea bears close watching IMHO. Note that the Korean face-off very much signifies the conflict I've identified between East and West, Communism and Capitalism, hope and despair, in the context of man's "global bipolar disorder". The DMZ separating North and South Korea is final major battle line between Communism and Capitalism in the modern world. Thus, if, indeed, we are heading into the "Apocalypse Wave" as the Elliott Wave Principle suggests comes next, then the Korean flash point may be one of the initial triggers in the "Grand Supercycle" crash of Western Civilization (although the Mideast remains the other historical flash point between East and West that bears close watching). [Note the total lunar eclipse on the winter solstice this year. A similar lunar eclipse on the winter solstice occurred in 1991 as the Soviet flag came down and Russian flag went up over the Kremlin....as if the world were falling victim to a 20-year-plan of some sort according to astrology.]

Again, note that in the event of a new Korean conflict the first major target is "Seoul", which means "capital" in Korean, i.e., the point of decision-making. I believe this may symbolize how the soul of man is being handed into the Evil of fear after falling for the Evil of greed, i.e., the cycles of history are cycles of sin and sin's consequence playing out in human affairs.

Now, of course, "science", i.e., the dominant "secular" judgment of man, will be unwilling to recognize the truth I'm seeking to reveal. This is par for the course for the "strong delusion" that prevails in the modern age which is misleading this world into the tyranny of the Antichrist. I'm seeking to counter-argue on God's behalf, but unfortunately no one is interested, so the fate is that which man makes for himself by not heeding me.

BTW, as people start to recognize I'm in effect the 'Living Truth', everything that will be projected upon me will, in reality, be what's true about the society that's projecting. You'll see soon enough...

If at first you don't succeed, try, try again...

The word of the LORD came to me: "Son of man, set your face against Gog, of the land of Magog, the chief prince of Meshech and Tubal; prophesy against him and say: 'This is what the Sovereign LORD says: I am against you, O Gog, chief prince of Meshech and Tubal. [Ezekiel 38:1-3]

I've long contended that Russia is using Iran to trigger World War Three. Iran's nuclear program, which has been developed with Moscow's assistance even though the Russians should seemingly fear Islamic extremists having the bomb as much as the West, seems more geared to provoke a fight with Israel than to actually complete a nuclear weapon. Furthermore, the seemingly insane, virulently anti-semitic Iranian President Mahmoud Ahmadinejad was placed in power through sham elections in 2005 and again in 2009 to further stoke tensions with Israel.

However, to-date Israel has not taken the bait and triggered the all-out East-West war Russia has long been planning.

While we are past what I deemed to be seasonally the most dangerous point in 2010 for the Grand Supercycle crash and associated global war as I've been warning about for so long, it is still the often "black" month of October. What's more, with contentious congressional elections in November, the U.S. government is distracted and we are strategically vulnerable if Russia is planning its surprise attack this year.

Given that mass mood may be reaching an utterly irrational extreme with the DJIA trading above the psychologically important 11,000 mark, one should remain alert. On this score, Mahmoud Ahmadinejad's current visit to Lebanon bears watching:



Is President "Imanutjob" looking to pick a fight with the Jewish state using Iran's Lebanon proxy state?

Let's hope and pray not because, if so, there will be very limited time to bug-out before the missiles fly.

Signs Israel might soon strike Iran and/or Korea might flare-up...

The articles below suggestive of an imminent Israeli strike on Iran and/or flare-up on the Korean Peninsula might explain why the Elliott Wave count in on the cusp of a wave 3 of 3 of 3, i.e., a crash move:





Also keep in mind the astrological signs (the Iran sanctions resolution was approved with a conjunction of Uranus and Jupiter opposed by Saturn) given what I've been warning about regarding "Kremlin Astrology".

New moon is this weekend; lunar eclipse conjunct Pluto occurs 6/26 (like with Chernobyl, which I don't believe was an accident).

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Saudi Arabia gives Israel clear skies to attack Iranian nuclear sites

Egypt secures border, places troops on alert

Israel, US hold joint strike drill

Netanyahu, Barak at IDF Command and Control Exercise in North

Throw this in too for good measure:

N. Korea threatens to destroy S. Korean loudspeakers, turn Seoul into 'sea of flame'

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Some astute observers (more) have been noting how currently unfolding world history is consistent with fulfillment of the prophecy in Ezekiel 38-39, the 'War of Gog and Magog':







This seems increasingly obvious given the meeting this week of the leaders of Russia, Iran and Turkey in the wake of the Pallywood produced 'Free Gaza flotilla' tragedy the prior week:



But let's say this is so, i.e., the War of God and Magog is close-at-hand. What's more, let's say I'm right that New Testament apocalyptic prophecies are about to be fulfilled regarding the destruction of not just Israel, but America and Western Civilization as well.

Why is it the folk who make this connection between modern history and prophecy seem to take glee in their understanding? After all, typically the ones who draw the connection are modern-day Christians who think it's great that the Jews have returned to their homeland because this means the Apocalypse is coming and, after they're swooped safely out of the way, the world will be laid asunder by God's wrath making way for Jesus to return and rule God's Kingdom on earth with an iron rod. Well....as I have long been pointing out, this deluded perspective is going to serve the purposes of the Evil One well.

Furthermore, if I'm who I think I am, you all have got it very wrong and should be ashamed of yourselves for wishing upon this world the cataclysm about to unfold. Ultimately, with regard to this world's salvation, I don't see how we will ever be saved as long as people cooperate with such a fate without doing a damn thing to stop it. Why is everyone going along with this effective mass suicide attempt?

If this ridiculous tragedy is to reveal that 'I am the Lord', then so be it. Let everyone grow up, lay down their arms and let's bring an end to this self-destructive, childish insanity for Christ's sake forthwith.

Elliott Wave Count Correction

In my EMERGENCY ACTION NOTIFICATION last Monday, I was concerned that, according to the Elliott Wave Principle, we were on the verge of Intermediate wave 3 of Primary wave 3 down, what could be deemed the "Prechter Point"....the ultimate crash portion of the Grand Supercycle bear market:



However, according to the most recent Elliott Wave Short-Term Update, the wave count was one degree too high and what is really now starting to unfold is Minor wave 3 of Intermediate wave 1 down:

I've dropped the degree of the wave labels down by one degree to allow for a greater downward extension. My view on wave degrees is that since the market is a fractal, the exact degree of a trend is variable. In other words, the wave degree is important to label a chart, but it is not vital to the unfolding form and structure. Whether I put a (1) or a 1 on a daily chart, after the second wave is complete, the market will unfold in another five-wave move that is commensurate to the size of the preceding five-wave move, whether one labels it Minute, Minor, Intermediate or Primary. So wave degrees, to some extent, are fungible, as long as they are consistent throughout the labeling of a chart, because there are no set time elements to a wave. Having said that, there are limits. For instance, one would not want to label a multi-year chart by designating the major waves as Minute degree. As a very broad and general statement, Primary degrees are measured in months, Intermediate degrees in weeks, Minor degrees in days, Minute degrees in hours and so forth. So the better view in describing the decline from April 26 to May 6 is that it represents either a Minor or Minute degree of decline. - Steve Hochberg, EWI

This assessment is significantly less alarming, although it certainly leaves room for a major financial panic in the coming days.

Is this an "all-clear signal" that global war is not imminent, particularly given that the anniversary of Israel's founding has passed without incident? Possibly. But deciphering Elliott wave counts and human history is more of an art than a science, so don't be certain. Obviously, history is moving much closer to the world witnessing the apocalyptic vision I experienced almost 20 years ago and a chemical SCUD missile attack on Israel could come at any time now, so be prepared.