Posted on 07/26/2010 2:03:30 AM PDT by The Magical Mischief Tour
NEW YORK (MarketWatch) -- Is "all hell" about to break loose? One veteran letter thinks so -- and it predicted the Crash of 2008.
Unlike almost everyone else, Arch Crawford's Crawford Perspectives had a fabulous 2008. ( See Jan. 9, 2009, column.) And when I last checked in with it in early 2010, Crawford was predicting a mid-summer massacre ( See Jan. 14 column.)
Well?
Now, in its monthly issue published in early July, Crawford predicts "ALL HELL BREAKS LOOSE" -- beginning, as a matter of fact, on Monday July 26, 2010.
Crawford means it. The letter has been 200% short since June 7, with stops at 11,466 on the Dow Jones Industrial Average (DJIA 10,425, +102.32, +0.99%) and 11.84.56 on the S&P 500 (SPX 1,103, +8.99, +0.82%) .
(Excerpt) Read more at marketwatch.com ...
Yep, its come to this... Economist turn to Astrology, we’re so screwed...
Look on the bright side. The economists will now be wrong only 11/12 of the time.
Well, we don’t have to wait long to find out.
The deadline is today.
I will not be hiding in a bunker though.
Today is the 9th of Av. Google it...
Thanks for the encouragement during these difficult times.
Sometimes, the truth hurts...
Astrology is a better indicator than lying government reports that seem to control stock prices now.
I did Google it and the things I read say two different dates - 7-19-2010 and 7-29-2010. Should I fast just in case? I am not Jewish but why risk it?
:-)
There is no "truth" per se for future outcomes. I agree there is much evidence to support your conclusion but it is not yet a done deal. If you want to assure a negative outcome and make it a self-fulfilling prophecy keep saying and thinking we are screwed.
I prefer the good old American spirit of never giving up, especially when fighting for the future of our country. Think of all those who died when things looked even bleaker. Without them we would have been screwed but because of them we were saved. Which kind are you?
Pretty interesting track record — astrology or no.
“Crawford did underperform the market in 2009. ( See Dec. 24, 2009, column.) But even so, over the past three years the letter is up 9.42% annualized versus negative 9.36% annualized for the total return Wilshire 5000. “
And July 26 is only the beginning:
“These energies actually maximize from July 30 through August 3. There have been ‘shadows’ preceding and will be echoes afterwards for quite some time.
We expect the depth and scope of dislocations during this period to exceed anything we have ever witnessed, both in otherwise civilized interaction among nations, and likely our fill in natural disasters.”
Since the letter comes out the first Mon of the month, subscribers had more notice...
Where does it say the guy’s an economist? The article states that Crawford’s letter is “astrology.” So your parenthetical addition to the title should state “Astrologist uses astrology”.
It says it’s technical analysis AND astrology:
http://www.crawfordperspectives.com/
“Crawford Perspectives is a financial markets advisory service utilizing technical analysis and planetary cycles research to determine effective market-timing strategy. Since 1977, its founder, Arch Crawford, has edited Crawford Perspectives, a comprehensive market- timing monthly newsletter for subscribers that has earned praise from investors around the world. “
We won’t have long to wait. It’s been July 26 in much of the world for several hours already.
You’ve got to admire his having the courage of his convictions, whether you agree with them or not. He’ll be spectacularly wrong or spectacularly right, with no middle ground.
Most astrologers, seers, would-be prophets and futurists hide in vague language. Not here.
Uhoh, Mercury in retrograde?
That’s always bad.
Crawford, who predicted war in September 2001, said that an economic crash was practically guaranteed to occur this year.
Yep, its come to this... Economist turn to Astrology, we’re so screwed...>>>>>>>>
There have been Wall Street astrologers for decades. Nothing new here. I have no idea what their track record is
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