DOW REVERSES BELOW 10,000 -
CURRENT PARALLEL TO JUST BEFORE 9-11-01

By J. Adams
January 17th, 2002

Spirit Of Truth Stock Market Update Unreported Truth

DOW 10,000 & SEPTEMBER 11th

After climbing to a high some three percent above 10,000 in the first couple of weeks of the new year, last Friday the Dow Jones Industrial Average closed back below this psychologically important level and now stock prices are accelerating downward. With yesterday's 200+ point sell-off, the DJIA reached a parallel position to early-September of 2001, JUST BEFORE THE TERROR OF 9-11-01 OCCURRED.





The pattern that was observed in September, where a reversal from a key thousand mark in the DJIA presaged negative historical events, was not unique. This phenomenon has been observed time and time again.

I, for one, am interested. What's more, based upon the historical pattern, I fear the current reversal from Dow 10,000 and Nasdaq 2,000 could be leading into historical tragedies possibly much, much worse than what occurred in September. Indeed, it could be that the tragic events which occurred in September and catastrophes yet to befall our nation will have to do with SADDAM'S REVENGE...


IMMINENT CHEMICAL SCUD MISSILE ATTACK ON ISRAEL?

J. Adams
December 12th, 2001

We may all be in immediate, grave danger if I'm not mistaken (like fortunately I usually am).

People might now want to start considering what steps can be taken to protect family and friends from the effects of modern war (i.e., immediate shelters, evacuation plans, extended relocation, stockpiling of resources, etc. - see Nuclear War Survival Skills).

As I've mentioned time and time again in the past, in February of 1991, in the middle of the Gulf War, a couple of friends and I had some rather remarkable experiences that I believe indicate a major war will erupt in the Middle East that will lead to a global nuclear war.

First off, in early February of 1991, I saw a special report of a chemical SCUD attack on Israel that did not exist (believe me, I checked it out fully; the report was never aired - e.g., it was not a replay of any mistaken reports that occurred just after the air-war began in mid-January and Iraq responded with SCUD attacks on Israel).

After this, about a week later to be exact, I was with a friend of mine who had just become interested in Nostradamus and prophecies that might be connected with the Gulf War. After showing him some books I had on Nostradamus, I began reading him the seventh seal prophecy from the Bible's Book of Revelation, a prophecy I have long believed depicts a future nuclear war. Just as I began reading it, we heard an air-raid siren followed by the bellowed percussion of a nuclear explosion. The authenticity of the experience led me to rush with my friend to a deep basement in a nearby building. From there I contacted the local fire department to see if any sirens had been sounded; however, none had.

After returning to our original location, my friend and I began checking with others to see if anyone else had heard anything. No one else had. However, another friend of mine, who is very trustworthy, said that he had heard no air-raid siren that evening- he had heard one that afternoon. When I asked him whether or not it could have been a fire alarm, he responded: "No, it was distinctly an air-raid siren off in the distance".


The timing of my supernatural, possibly precognitive experiences was important. At the time I was in a written correspondence with Robert Prechter, The Elliott Wave Theorist, about what might cause a Grand Supercycle collapse in stock prices that is being projected by the Elliott Wave Principle, a long-wave theory of movements in stock prices and associated underlying historical trends.

To understand what stock market analysis would have to do with predicting future world events, first you must realize that historical events, both positive and negative, shape investors' expectations about the future course of the economy and corporate earnings. Movements in the collective expectations of investors, in turn, are recorded in the aggregate movement of stock prices, particularly in the movement of major stock market indices like the Dow Jones Industrial Average (DJIA). Accordingly, if you are able to accurately predict the future general movements of stock prices and stock averages like the DJIA, then you are able to anticipate that historical events will occur that should cause rising or falling shifts in investors' expectations, accordingly.

The best way to show this is by overviewing some cases in point. The easiest way to do this is by examining examples of major cyclical turning points in the movement of stock prices from so-called psychological barriers in major stock averages like the DJIA.


- THE HISTORICAL PATTERN -

Historically, when the major stock averages, and the DJIA in particularly, reaches or trades around psychologically important round numbers like thousand marks, the stock market will top-out and, failing to hold above the mark, sharply reverse course. The remarkable feature of these stock market reversals at thousand marks in the DJIA is that they are triggered by bad news that follows the market top.

For instance, right after the DJIA failed at Dow 8000 in late-October of 1997, a mini-crash occurred in association with a financial panic in Asia.


In 1997, the Dow reversed from the 7000 mark and the Fed raised interest rates for the first time since 1994 leading to a ten percent market correction.

Dow 7000 Chart

Likewise, when the Fed hiked interest rates in 1994 precipitating a year-long correction in the stock market, it occurred right after the Dow reversed from the 4000 mark in late-January of that year.


In the summer of 1990, the DJIA reversed from 3000 and then Iraq invaded Kuwait, thereby triggering a Persian Gulf crisis and major oil- shock that caused the world economy to slip into a recession and stock prices to plunge. Notably, the DJIA topped by closing two days in a row at exactly 2999.75 on July 16th and 17th of that year.


Dow 3000 Chart

Finally, between 1966 and 1982, the DJIA reversed from the "Magic 1000" barrier several times. After each reversal, all kinds of troubles emerged ranging from OPEC oil embargoes, to the Vietnam War, to Watergate. One of the most notable cases occurred in October of 1973 when the DJIA rose to just below Dow 1000 as the Arabs launched a surprise attack against Israel which, in turn, led to a major East/West confrontation and an Arab oil embargo against the West. Consequently, the world economy entered a severe contraction and stock prices plunged in the largest market correction up to that time since the Great Depression.

Dow 1000 Chart


- THE CURRENT STOCK MARKET SITUATION -

In 2000, the stock market made a top of historic scale - Grand Supercycle scale in terms of the Elliott Wave Principle. This top was reached above Dow 10000 and above the 5000 mark in the Nasdaq Composite.

Chart

Chart

Now the DJIA is once again closing in for a possible break below Dow 10000 and the Nasdaq Composite is headed for a drop below the psychologically important 2000 mark. Will the world stock markets enter some sort of Grand Supercycle crash if these psychological marks are breached? And if so, what sort of world events might precipitate the reversal from these key psychological levels in the major averages.


- THE PERILOUS FUTURE -

Given that this is likely a Grand Supercycle top in U.S. stock prices as mentioned above, it is clear that the approaching collapse in the market will be historically unprecedented. This implies that one should now expect some of the most negative events in world history.

Thus, my supernatural, possibly precognitive experiences during the Gulf War and the latest news that war is about to erupt in the Middle East seems very alarming.

What if by attacking the Palestinian territories, Lebanon and/or Syria, Israel is effectively pushing circumstances into seemingly totally insane extremes? What if by doing so Israel is going to provoke the Arabs into a new attack on Israel, but this time using chemical and biological weapons capabilities? What if hardline Arab states like Syria and Iraq in anticipating a new all-out war with Israel are about to launch some sort of surprise attack on Israel like they did in 1973 when the DJIA reversed from the 1000 mark?

Are we looking at World War III?


"All warfare is based on deception. Hence, when able to attack we must seem unable; when using our forces, we must seem inactive; when we are near, we must make the enemy believe we are far away; when we are far away, we must make him believe we are near. Hold out baits to entice the enemy. Feign disorder, and crush him."

- Sun Tzu


"War to the hilt between communism and capitalism is
inevitable. Today, of course, we are not strong enough to
attack. Our time will come in thirty or forty years. To win,
we shall need the element of surprise. The Western world will
need to be put to sleep. So we shall begin by launching the
most spectacular peace movement on record. There shall be
electrifying overtures and unheard of concessions. The
capitalist countries, stupid and decadent, will rejoice to
cooperate to their own destruction. They will leap at another
chance to be friends. As soon as their guard is down, we shall
smash them with our clenched fist."

 (Dmitrii Z. Manuilskii)
(Lenin School of Political Warfare, Moscow, 1931)


"There is profound error and harm in the disoriented claims of bourgeois ideologues that there will be no victor in a thermonuclear war."

- A.S. Milovidov, Russian Military Theorist



SOME OTHER SURVIVAL ARTICLES

FEMA Nuclear Weapon Target Maps For Each State
11 Steps to Nuclear War Survival (From Canadian version of FEMA)
You Will Survive Doomsday
Nuclear War Unthinkable?


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