BIGGEST DOW CRASH IN HISTORY (AT THE TIME)! ON ROSH HASHANAH/MON. SEPT 29, 2008 -777.7 ELEVEN YRS LATER: RH/MON. SEPT. 30, 2019

Repeating again...the Feast of Trumpets, aka, Rosh Hashanah, 2019...is celebrated as either as a ONE-DAY (9/30/19) OR the officially celebrated feast, as a TWO-DAY (9/29/19 THROUGH 10/1/19).

What is interesting, is that since October 1st (last day of the Rosh Hashanah feast, 2019), the Dow Industrials have began (potentially) a new COLLAPSE CYCLE:

Tuesday, October 1st: DOWN 343
Wednesday, October 2nd:DOWN 494
Thursday, October 3rd: UP 122

THEREFORE, THIS DOWN CYCLE, SINCE ROSH HASHANAH (AKA, THE FEAST OF TRUMPETS), HAS (NET) DOWN APPROXIMATELY 715 POINTS. (Through Thursday, Oct. 3rd)

So until the Dow climbs ANOTHER 715 POINTS (UP), BEFORE THE BIGGER COLLAPSE...THIS DOWNTURN, IS THEN THE ROSH HASHANAH COLLAPSE DATE/CYCLE.

This is irrespective of the mockers; since most don't understand this. (even as most financial market collapses occur over multiple days/weeks).

We'll have to see how Friday closes out...but it looks like it's only about (with Thursday's close too), a weak bounce of maybe around only HALF of the drop since Rosh Hashanah.

Likely in the next weeks we'll get confirmation...as to whether or not, this impending Great Financial Crash (had its Genesis ON ROSH HASHANAH, 2019).

OK, so today/Friday, (Dow, UP 372 points); PLEASE SEE MY PREVIOUS POST TODAY.

A potentially STUNNING event is shaping up...

Rosh Hashanah ended on Tuesday, the 1st of October: the Dow drop plus continuing into Wednesday was approximately 837 points.

The two subsequent days were (Thursday and Friday), where it'd gained back, respectively 122 and 372.

This is a BOUNCE OF .59 (59%) from the drop from Rosh Hashanah. This percentage bounce is typical that can precede a bigger drop.

(This "recovery" of Thurs/Fri was 494 POINTS...THE SAME AMOUNT OF THE DROP ON TUESDAY). What remains then to recover the loss from Rosh Hashanah is 343 points. Until or if this is recovered, the markets are potentially in a "FEAST-DAY OF TRUMPETS (ROSH HASHANAH) AFFECTED COLLAPSE CYCLE".

It may be, that it quickly recovers next week, and nothing is more of it. But maybe not.

The point is, the Great Financial Collapse I believe is impending; regardless of WHEN it actually begins.

I also find it interesting that (since Rosh Hashanah ended), the remaining three days of the week played out similar to as the "Fibonacci Sequence", where we see in nature, over and over: (whereby each number is the sum of the two preceding ones...but this time in reverse: UP 372, UP 122, and DOWN 494 (372 + 122 = 494) and "reverse"; meaning reverse sign too (from + to -).

[link to en.wikipedia.org (secure)]

SO LETS SEE WHICH ONE HAPPENS...IF THE DOW RECOVERS THE REMAINING approximately 343 POINTS, OR IF THE GREAT FINANCIAL COLLAPSE OCCURS FIRST...thereby confirming that the crash was linked to the feast of trumpets (aka, Rosh Hashanah).

Best regards GLP
jk

Here's my update, per the close of Monday, October 7th, 2019, relative to the potential for this Feast-day-linked collapse (I just posted much of this on the other thread that I'd recommend, on the Repo subject):

Thread: Fed conducts repo operation for a third day

Today the Dow closed DOWN -96 points. The NET points that must be made up PRIOR TO THE CRASH THEN, is approximately 439; otherwise, this feast-day will have proven out to be connected to this great crash. (again...regardless of timing...this crash I'm fully persuaded, must come...to get us to the next level (NEW monetary system))

Monday saw the continuation of the Repo funding mechanism through the Federal Reserve Bank of New York...to the tune of over $47 billion (substantially more than what was needed Friday). THESE ARE GIANT NUMBERS, EVEN FOR THESE MONEY-CENTER BANKS: $47,050,000,000. (And this has not happened since the 08 crisis.) Also important, this is just the OVERNIGHT MONEY. This doesn't include the two-week or other-term funding...adding to the totals.

This still has many professionals perplexed, especially since there are seemingly ample "reserve assets" from other Primary-Dealer-Member banks, just sitting there "on-account" with the Fed; sitting as "excess": and THIS IS MONEY THAT COULD BE LENT OUT BY THESE BANKS TO FILL THIS "HOLE" NEEDED BY OTHER HUGE BANKS...BUT THEY'RE NOT DOING IT; EVEN WITH HUGE INTEREST RATES, AT TIMES SPIKING IN THE ROPO MARKET. To me, this is telling.

I posted a comment on this (on page 1 of this thread) addressing this issue, and it may be worth looking at for those interested...as I specifically stated then, on 9/16/19, that the Repo issue MAY BE "THE STAR OF THE SHOW" (concerning the Great Financial Crash) that must come...before the Mew Monetary System can be green-lighted.

All the best GLP,
jk

Also, I'd recommend another thread that I think is worth watching, as I believe there's information on it that is also seemingly connected to the HUGE - and on-going - FUNDING SHORTFALL from the Primary Dealers and their Fed (dispensary):

Thread: Market Crash Oct 10 thru Oct 15?

From my perspective, timing is so (nearly impossible to predict), so once again, focus ON THE potential REALITY/LIKELIHOOD of an event (such as this; and its impact), rather than on its timing.

The feast-day part of this, I believe is one of the few exceptions, concerning timing; whereby it's worth to consider timing, as we already have precedent on its reality.

Best regards,
jk

Pretty big day today concerning the financial markets...and I'm really not talking about the continued downward move since the last day of Rosh Hashanah, 2019.

So today, the Dow dropped another 314 points. This puts the (NET DOWN DROP) since Oct 1st (the last day of the feast of Trumpets, which has historically shown two gigantic stock market drops, in the past twenty years) equal to approximately DOWN 753 POINTS. So reviewing again, the Dow must close up this amount BEFORE the Great Financial Crash, in order to conclude that there is NO (LINK) from this Biblical feast, to the impending financial crash.

As I said, I see the stories as big today since it appears that the Fed is going to do a (what I and many would call) PERMANENT BALANCE SHEET EXPANSION (at least for the expected next couple of years)! This is dramatic; but not unexpected, to anyone watching the massive amounts of USD's that they are adding into the banking system through the REPO mechanism, on a daily basis.

Zerohedge has a couple of stories today, that will explain a good deal of this. Of particular importance I'd like to pint out, is in the first link below, entitled, Fed Announces QE4 One Day After BIS Warns QE Has Broken The Market

[link to www.zerohedge.com (secure)]

Take note of the third chart in this article by Goldman Sachs...it shows projections of the Fed's balance sheet ABSOLUTELY SURGING FOR THE NEXT TWO AND A HALF YEARS! THIS CHART SHOWS THE FED BUYING ABOUT $T1 PER YEAR, THROUGH 2022! Wow! This shows then that there is a massive shortage of reserves available, to keep the banks liquid, requiring the Fed to step in, and create the "funds" out of cyberspace, to prop them up, and continue look "good" to John Q Public.

Here's what I see as key...aside from this reducing the value of the USD and funds that ultimately is wealth coming out of the working people of this country...at some point I believe Congress will have to give a green light with some/all of this: CONGRESS MAY NOT DO IT. Either way, this is utterly unsustainable, given the growing knowledge of people since the collapse of 2008.

Here's another article that gives more info on this, again from zh, "Panic At The Repo": One Of The World's Top Repo Experts Explains What Really Happened

[link to www.zerohedge.com (secure)]

So...I think these events are going to really, really upset the (general apple cart): and relatively soon. Again, impossible to know the timing; but this is not a good strategy. Yet it likely is about the only one available to them and therefore must happen, or else the liquidity squeeze that has been going on for weeks at these giant banks, would probably come home to roost, with no time to spare.

All the best GLP,
jk

Wow, what a last few days in these markets; especially today!

With Wednesday, Thursday, and today's UP moves (respectively, 182, 151, and today (Friday), 320), WE HAVE RECOVERED MOST - BUT NOW ALL - OF THIS DROP, from/since the last days of the feast of Trumpets!

The NET (REMAINING DOWN POINTS,SINCE THE LAST DAY OF ROSH HASHANAH, 2019 CONTINUED INTO THE FOLLOWING DAY) IS NOW ONLY A MERE 100 POINTS.

There were several times (even most of the afternoon) where the market was ABOVE/RECOVERED, this (DOWN MOVE), from this often historically-powerful and market-impactful holiday.

But still...during the last few minutes of the trading day, the Dow, started selling off, and picked up steam, giving back about 200 points, just before the bell!

So, we still will have to wait and see: to know, if Rosh Hashanah, 2019 is/will be connected to the Great Financial Crash (that I believe will occur in 2019).

Another irony: Today...huge news from the Fed. This news was really drowned out by the trade news; namely that the Fed sent out a Press Release this morning: at 10:00 am CST, about AN ABSOLUTELY INCREDIBLE NEW PROGRAM(S) OF, IN MY OPINION, TO LITERALLY SAVE THE FINANCIAL SYSTEM (Me: but only for the moment; literally, I believe, day-by-day NOW)!

I decided to create a thread on it this morning, due to its significance...

Thread: FEDERAL RESERVE BOARD Press Release (11:00 am Eastern 10/11/19): REPO'S "At least through January", 2020 WOW!

To me...this is all (now) just "a day at a time". And again, I believe the Great Financial Crash will occur irrespective of whether there is a link (this year) to the Feast of Trumpets (aka, Rosh Hashanah), 2019, or not.

All the best GLP,
jk

"WE HAVE RECOVERED MOST - BUT NOW ALL..."

The BOLD in this line "NOW" from my post on Friday, October 11...IS OF COURSE A TYPO.

Obviously I meant to say, "NOT", (instead of "NOW").

I just discovered this...and I apologize for any confusion.

The key here again: On the last day of Rosh Hashanah, 2019 (October 1st, Tuesday), the Dow began a very significant drop (mini-crash), continuing into the following day: the drop was approximately 837 points.

The Dow has NOT recovered those points back - even though it was close on Friday, and again, at times it was well above the recovery-amount needed. Then, during the very last moments of the day...THE DOW FREE-FELL APPROXIMATELY 200 POINTS. This last sell-off of the day, made the index settle approximately 100 points BELOW THE closing price (since the last day of Rosh Hashanah, 2019, that'd continued into the following day.)

What does that mean? It means (as technically viewing) that a POTENTIAL collapse cycle has begun on that day, for the Dow Industrial Index: the feast day of Trumpets (aka Rosh Hashanah, 2019).

When and if it closes above this number (the remaining approximately 100 points - APPROXIMATELY 26,916 - since the end of the feast day, going into the following day), we'll THEN have closure, that there is no connection, should a stock market collapse occur subsequently.

However, should the collapse occur BEFORE this last 100 points be made up...then this creates a DIRECT LINK (ONCE AGAIN), with the stock market collapses and this particular feast day.

Here is something else that I'd just discovered: (potentially huge with this NARRATIVE/THREAD): This Dow drop that began on the last day of Rosh Hashanah, 2019, BROKE THROUGH THE SUPPORT-TREND-LINE, that was holding: FROM THE 20% MINI-CRASH LAST DECEMBER...THROUGH THE AUGUST 7TH, 2019 DOW DROP!

Again...I just discovered this looking at Bo Polny's chart from his Vienna conference. (Here's the link... this chart is very clear, showing this breakdown, and starting at the 8:42 mark of his video; so I want to give that credit to him):

[link to www.youtube.com (secure)]

And to say this one more time: ultimately, the (impending crash that I believe is ahead), may or may not be connected to this feast day; yet some of the very greatest were, and therefore to me, is worth watching this.

All the best,
jk

I like to add.... If there is a crash LET IT BE FOR THE RIGHT REASONS....

HERE it is for the PonyTARDS to ponder... what king of country are WE ALLOWING to runs us????

[link to www.youtube.com (secure)]

Nice post. Thanks for the info.

Thank you AC.

I appreciate your feedback.

Sometimes the feedback is very unexpected.

(For example, like on Saturday, I created another thread, to ATTEMPT to explain an important reality in the financial markets, that I've realized very few people understand, yet I believe is very important, namely - "Where Does the "Money Go?" - when there's a crash?)

Whether Equity or Debt markets, the way it works (on the big-picture) is the same, in the modern "fractional" ("reserve") banking structure. Even so...I was quite stunned at so many of the responses. Perhaps I didn't explain what I was really attempting to do with the thread; and that's on me.

Regardless, I put up a fair amount of information Saturday at/on that thread, that is relevant today - and will continue to be so - UNTIL (NOT "IF"), the CURRENT MONETARY SYSTEM IS CHANGED TO THE "NEW" Monetary System (which will be based on real assets/production, including gold and other assets). The secure technology now exists; and has existed for some time; I've talked about this on this CURRENT thread here, and elsewhere.) Here's the link...

Thread: A Quick Teaching Lesson for People on STOCK OR BOND MARKET CRASHES - Where Does the "Money" Go?

TODAY, the Dow stayed (about as expected; but DOWN, about 29 points): STILL just hovering a little below the (NEW RESISTANCE) LEVEL - since the mini-crash, beginning on the last day of Rosh Hashanah, 2019, and continuing into the following day.

So the NEW, NET AMOUNT THAT THE DOW INDUSTRIALS need to make up at closing (BEFORE THE CRASH), IS NOW approximately 129 points: TO CONCLUDE THAT THE (IMPENDING MARKET CRASH IS UNRELATED TO THIS FEAST DAY.) This is approximately a Dow of around 26,916.

(An important side-comment: Notice that I say, "approximately". This is because to really get confirmation, WHEN we're dealing with what is known as "technicals", YOU MUST GET THE NUMBERS TO BE "SOLID". (The Dow must "SOLIDLY" CLOSE ABOVE THIS (AGAIN, NOW "RESISTANCE" POINT). Further, it needs to stay above this for several days...then we have "solid" confirmation.

For example, when the Dow mini-crashed through the (support-trend-line), on the last day of Rosh Hashanah, 2019 - October 1st - with a follow-through into the day following...IT HAD CONCLUSIVELY AND "SOLIDLY" MADE THIS "STATEMENT". This is what is needed again, to "SOLIDLY" CONCLUDE THAT: (With an impending Dow crash - there's no connection to this HISTORICALLY-IMPORTANT, to the markets, feast day). A simple handful of Dow points above for only a day or so...will not cut it.

So, I'll continue to follow it (since we have precedent, that this feast day, CAN BE remarkably connected to Great Financial Crashes.)

Best regards,
jk

The market today closed up somewhat higher - not much, but some - than from the beginning point (of the downward start, since the last day of the feast day; Oct 1 continued into the 2nd); therefore, if it continues to "hang around" (or even advance somewhat) over the remaining days of this week, and into next (prior to a market collapse), then I'm planning on calling it, and conceding that (at least for this next collapse, if it begins soon or this year), will not be connected to the Rosh Hashanah, 2019, feast.

It's just in this range still, even (whether a little above or below; and above at the moment).

Remarkably, the evidence shows, that a significant (NEW) downward collapse cycle potentially had begun on the last day of this feast day. Still, some STUNNING new/yet old, market "tools" utilized and proclaimed by the Fed, in the intervening days since, likely thwarted (FOR THE MOMENT ONLY) any continued downward moves in the Dow. Namely, amazing and gigantic new numbers by the Fed (please see my posts today; link here) that were brought forth even this morning: $87,700,000,000 Repo dollars injected into the accounts of the "HURTING" (MAYBE EVEN DESPERATE) Primary-Dealer Bank(s). This is by far the most since this process had begun. This trend I believe is very important to watch.

All of this new funding (out of cyberspace), to keep these banks "liquid" will have an end point...especially as these numbers keep getting bigger and bigger.

Now, as BIS shows, the DAILY AVERAGE OF DERIVATIVE TURNOVER IS at an astounding $13,667,000,000,000! And this includes ONLY those derivatives that are known about on the exchanges.

So, I believe that THIS IS THE REASON, that this enormous and rapidly growing amount of REPO funds (and the tens of billions per month more of UST acquisition by the Fed), is occurring: The Fed I believe is trying to "plug the holes" in the MONSTER BANKS, to keep them afloat; in the wake of the impending global DERIVATIVE DISASTER.

Here's the link, discussion/showing this (see posts from 10/15/19 dates)...

Thread: FEDERAL RESERVE BOARD Press Release (11:00 am Eastern 10/11/19): REPO'S "At least through January", 2020 WOW!

Best regards.

I think this chart (see link) gives us a pretty solid look (from the "TECHNICAL" side), of likely HOW CLOSE THIS IS: AT THE LEAST...TO CONFIRM, ONE WAY OR THE OTHER!

This - rather tight (confined space) per the wedges - to the upside, is one of the reasons that I'm hesitant to "concede" that there's (NO CONNECTION TO THE POTENTIAL "BIG ONE" WITH THIS FEAST DAY). All-the-more with the "recovery", from the "Rosh Hashanah lows, continued into the next day, being so weak.

So, again, I believe that the potential of this being very close to FINAL RESOLUTION, AND IN A DRAMATIC WAY, I believe, is rather high.

(Even though this chart is with the SPX (S&P 500), rather than the Dow...it gives us an important visual of the LARGE-CAP BROAD US STOCK (EQUITY) MARKETS; whether the Dow Industrials or the SPX.)

This is courtesy Mark A. Lytle from Twitter...

[link to twitter.com (secure)]

Best regards.

Just click on the chart (especially the right chart), and it will enlarge.

Nothing will happen.


We all know this.

Good one AC.

Of course we all know this: You know, like the same way (we all knew this on September 17th, 2001 AND on September 29th, 2008; or on several others either on or around this feast date).

This!

It's easy to say and show nothing of value ( in comment as well as statistically per the direction of markets - since MOST YEARS, "nothing" happens around this feast day).

But historically, the greatest events in the markets - toward the downside, have this connection.

I'm sorry you can't add anything more; you should try, or at least say nothing, because - whether this Great Financial Crash is connected to this feast day or not - it will affect all of us.

So, if your'e genuinely interested in these things, please review this thread - to get a handle on what is REALLY HAPPENING WITHIN THE GUTS OF OUR FINANCIAL SYSTEM:


Thread: FEDERAL RESERVE BOARD Press Release (11:00 am Eastern 10/11/19): REPO'S "At least through January", 2020 WOW!

In spite of those that believe (this feast day connection to the stock markets) - HAS COME AND GONE; AT LEAST FOR THIS YEAR - I've got news for you:

The min-crash that had occurred on the last day of Rosh Hashanah, 2019, with its continuation into the following day (with a close of over 800 points down - and over a 1,000 points down, inter-day, over the 13 hours of trading) DID SOME REMARKABLE TECHNICAL "DAMAGE" TO THE LONG-TERM UP-TREND OF THE MARKETS.

And much more than that: they CLOSED DOWN (AROUND 41 S&P 500 POINTS; AND ALMOST 400 DOW POINTS)...BELOW THE LONG-TERM SUPPORT TREND LINE. (I'm going to make this really easy for people too...with a link (below) to an INTERACTIVE chart on these markets: so you too can create the multiple support and resistance lines, and see for yourself, AND - going forward - SEE HOW MANY WEEKS WE HAVE LEFT, (for a potential market crash, to be linked to this feast day).

Here's the simple answer: Depending upon which (candlesticks you choose, how many "sticks of the connection line" (the more, the more accurate) and whether you pick the "wick" or the "whole stick" to create the lines...the window that remains (FOR THIS CRASH TO OCCUR - FOR IT STILL THEN TO BE TIED TO THE MINI-CRASH ON ROSH HASHANAH, 2019 - goes through October and most of November; with some (lines) showing it into December.) Why? Because THAT IS WHERE THE CONVERGENCE OF THE lines (and potential wedges) intersect: it's where the intersection of the RESISTANCE TREND LINES, meets up with the SUPPORT TREND LINES.

(And again, this is only relevant...because on that feast day - (we did not get a great "crash", like the connection shows in other years). But instead, we got a MINI-CRASH; and not just any mc...but one that (as I've said) BROKE THROUGH THE LONG TERM SUPPORT TREND LINE. And it did so, dramatically! Where is/was this long term support trend line (to see for yourself)?

Go to the link below (I've already pre-set the default, so you have approximately one year, on the chart). Then, you can create this line yourself, among others, by taking (going to the "blue-colored", "tools" button), click on it and click on "Trendline". Then "left-click" and drag the cursor, on the candlestick from 12/24/18 (S&P 500 at 2,351), and drag up through 8/26/19 (and continue the line). Then, look at the October 1st, into the 2nd (the 1st was last day of Rosh Hashanah, 2019, continued into the second day): there's a mini-crash; again, interday, for those two days, more than 1,000 Dow points down; closing down over 800 points. Again, this mini-crash, BROKE THROUGH, DRAMATICALLY, THIS LONG TERM TREND LINE.

Then create new lines from the "highs" and "lows" with connecting points over the last weeks, creating the "convergences" (which have other "terms" in technical analysis)...which give us the dates/time left, for this thing TO (ABSOLUTELY OR NOT; YES OR NO) BE CONNECTED, TO A POTENTIAL MARKET CRASH...should one occur.

[link to www.barchart.com (secure)]

Ok, GLP friends...now you can look at a thread: created about three weeks before this feast date, (and given for a potential "heads-up"): and watch and see over the next several weeks - well into November - and know if it really will be connected to a great financial event. (As stated earlier on this thread, we already have precedent, for great financial-market events, being associated with this feast day.)

Mockers will have no say here...because this will be or it won't be. And amazingly, we've already had the MINI-CRASH, BEGIN ON THE LAST DAY OF THE FEAST DAY! How many are even aware of that? (And when told to watch weeks ahead of time.)

And lastly, TO REPEAT AGAIN, regardless, of whether it does or not...as I've made clear, I believe this great financial event is necessary: to move the world into the new monetary system: as (the forerunner) to the MOTB: written about almost two thousand years ago; now in the 13th chapter of the Book of Revelation.(On page one of this thread, I go into some detail of this...as I believe it's very important.)

All the best GLP,
jk

Good night everyone.

Above is my post last/Friday night (10/18/19)...As explained, this FEAST DAY broke through, decidedly, the long-term-support trend line, for the US stock markets.

It is looking (now, very likely) that this FEAST DAY will be connected to this great financial event: historically, it has signaled a great crash; this time, it's (now, most likely) THE SIGNAL, to a great bear market.

BUMP

Asymmetrical Islamic warfare does use numerology. bin Laden had numerologists on his staff.

But Islamic terms and Western terms are entirely different, as is their calendar.

Put your research and theory into moon phase calendar and see if you come up with something different.

Guess the repos worked

Here's how I'm trying to look at it MissCleo,

I'm just pointing out the historical facts of two things:

1. The HISTORY of the biggest crashes: occurring ON those SPECIFIC DATES; and the dates that are generally accepted by the Jewish people, for their feast days. (For example: the generally accepted dates for Rosh Hashanah,2019 - aka the "feast of trumpets", was September 30 through October 1st. (AND, this is the date that began the mini-crash...THAT'D BROKEN THROUGH THIS LONG-TERM-SUPPORT TREND LINE.)

The Great Crashes...also occurred EXACTLY on the generally accepted dates for Rosh Hashanah, namely, September 17th, 2001 AND on September 29th, 2008 - the TWO GREATEST POINT CRASHES (TO THAT TIME) IN US STOCK MARKET HISTORY. So I'm not using (calculations that I would not be confident in: rather: just historic facts, with the generally accepted dates for these feasts).

2. Technical analysis of WHAT HAS ALREADY OCCURRED; including on the last day of Rosh Hashanah, 2019 (the mini-crash); then, again, using generally accepted methods of technical analysis. These are used to create "convergence" points - that go out about three to eight or more weeks - at which point, we will have confirmation of whether this (mini-crash) on the Feast day this year, was/is signaling a broader big bear market. Right now...it's really looking like it is; all-the-more given what we know is going on INSIDE THE ORGANS/GUTS OF OUR FINANCIAL SYSTEM:

Thread: FEDERAL RESERVE BOARD Press Release (11:00 am Eastern 10/11/19): REPO'S "At least through January", 2020 WOW!

Thank you MissCleo. I've appreciated your comments; here and elsewhere.

jk

It’s because “up” is literally “down”, black IS the new white...

We are all in a new reality.

Nothing will happen. Because “IT” already happened...


1984....