What happened to the Stock Market crash due to Elul 29?

What happened to the Stock Market crash due to Elul 29?

Info Wars Article

The end of the Shemitah cycle is fast approaching, and many are worried about an impending collapse, particularly considering we have already seen unprecedented stock market decline.

And history is not on our side. The past five Shemitah cycles have ended in crashes – and this one could be the worst yet.

Cahn pointed out that the years 1973, 1980, 1987, 2001 and 2008 were all Shemitah years that saw stock markets collapse.

The biggest ever single-day stock market crash occurred on Sept. 29, 2008, when the Dow fell 777.7 points and lost $1.2 trillion in value. This day also happened to be Elul 29, the last day of the Jewish year, one day before Rosh Hashana, signaling the end of the Shemitah cycle.

Statistician Thomas Pound isn’t the only prominent figure predicting collapse.

Economic commentators Gerald Celente and Michael Snyder have also warned of a coming collapse, after noting the dire predictions of numerous financial gurus.

One of those is Jeff Berwick, the libertarian anarcho-capitalist and editor of Dollar Vigilante, who has warned in no uncertain terms that the potential for a terrible collapse is headed our way September (14th)

Well September 14th has come and gone and there was no major stock market crash!

I'm not upset, in fact, I'm glad it didn't happen. I guess I'm just surprised because folks have been "warning" us for months about this day and nothing happened.

I didn't see a post on ATS about this failed prophecy, so I thought one should be started so that we can "discuss" it.

It happened early this time.

Must be some kind of calendar miscalculation somewhere on Wall Street.

a reply to: BattleStarGal

September isn't over. People lost a lot of money in that crash. I think some in China lost billions.

I;m glad it seems to have stabilized, but the whole system is artificially manipulated, so I am not really sure how that hurt the long term. Only so much fiddling with the numbers can be done and flooding the market with currency before it falls apart.

That was a lil too much infowars for my taste.

a reply to: reldra

Sorry to poison your day with Infowars.

It was just the first example I found as a reference.

a reply to: BattleStarGal

I followed the DOW all day. Down 84 points when I first checked (markets are open 9:30 am until 4 PM unless otherwise stated). Then it fluctuated between -60 points and never got as low as the -84 for the rest of the day.

Cahn pointed out that the years 1973, 1980, 1987, 2001 and 2008 were all Shemitah years that saw stock markets collapse.

And yesterday, Sunday, September 13, 2015 was the last day of that Shemitah year (Sept. 25, 2014 - Sept. 13, 2015)

Today I actually expected (2 weeks or longer ago) the DOW to open 500 points down - but today was not what I would've expected. Whatever happens, I truly believe down to my bones that it has only been postponed temporarily.

I hope it doesn't happen at all, obviously but we really just have to wait to see what the Fed does at this point - they are supposed to raise interest rates by the end of the week.

Keep your eyes on that and the market's reactions to that.



P.S. there has been a lot of murmur by economists recently about a new currency being introduced in October to replace the U.S. dollar as the World Reserve Currency.

As I said, now is the time to be looking at what the Fed does and what NYSE does. If something happens it could all go downhill VERY fast, especially with social media these days so I'd advise to just keep your ears perked and pay attention since things are so FAR overdue for a "correction" that something is definitely fishy.

They have been able to impose SOME level of manipulation on the system since it's very creation, but in this day and age things have never been so corrupted or forced.

That's my 2 cents anyway

a reply to: FamCore

I will definitely keep watching.

a reply to: BattleStarGal

This is one prophesy I'm very glad didn't happen but let's get back to reality. Things are not over and I feel the manipulation of big players trying to keep things up for another year or two(Malasia is one). The truth is will they be able to do it and for how long can they keep it up.

Unless something drastic happens(war), it like water will find it's level eventually, which is much much lower then the high reality it is right now.

Add: That currency is called Renminbi I think.

Its just a day late wait till tomorrow

a reply to: dreamfox1

As of right now stock futures are up and the VIX is down.

Either we are dealing with market manipulation or someone was wrong.

A 100 click in the dow is barely a heartbeat. We are waiting for some news.

LOL.... If you are so confident prove it. Buy buy buy! Put your money into the stock market now. Put in a buy order for first thing in the morning. Afterall, the US economy is in great shape, with low unemployment, low inflation, low oil costs. Forget about debt. The US balance sheet is endless. Things are looking great! Invest today! Ok Im kidding

Not one of these stupid prophecy's ever come to pass so why do people still follow them ?

...actually, the last day of a Shemitah cycle isn't Elul 29, it's whatever day precedes the sighting of the New Moon in Jerusalem (which Cahn anticipated would be Elul 29).

This year, because the New Moon has not yet been sighted -

a) because it's a New Moon, and
b) because of the sandstorms

...the final day of the Shemitah cycle has not yet occurred.

So...
when nothing happens tomorrow (Tuesday, US Market time), then you can re-post this thread and fling all the poop you want.


[note] This post is not written in support of Jonathan Cahn or the Shemitah theory.
The Shemitah was given to ancient Israel as part of their civil law. Nothing in all of Scripture suggests that it applies to global markets or to the US. Ditto for the 'Harbinger'. You want 'signs of the end'? Stop looking at the tree and look at the forest. It's burning down around you.

a reply to: BattleStarGal

Sept 14th, 2015 was a decoy drawn from the false Post-Babylonian Luni-Solar calendar of the Rabbis. The true Biblical calendar is solar only starting and ending with the vernal equinox.

I've been saying that the huge crash will occur on Nov 19th, 2015 since late April. Let's see how it plays out.

The true Feast of Trumpets is September 17th, 2015. Watch Russia, Syria, China, EU, Saudi Arabia. Watch for escalation and for signs of a crash.

Chew me out later.

a reply to: BELIEVERpriest

Stop watching impending doom and go live your lives.

a reply to: NewzNose

Go back to sleep. We'll wake you when it gets serious.

a reply to: BELIEVERpriest

It started being serious years ago, you just weren't read in.

a reply to: visitedbythem

Lol, thats what I am doing.

It's due to happen AFTER. Meaning Sept-Dec

Though yeah there's already been a pattern, it doesn't mean it's always going to be persistent. Heck maybe the crash ended up being what happened Jul-Aug and was alot smaller than peole predicted.

There's also a lot happenings this month.

Currently the market seems to be a bit unstable (keeps going up and down rather than showing a sign of progress).

Honestly the only way to find out when the next big crash occurs is by watching the markets and waiting.

a reply to: BattleStarGal

The numbers are always being messed with that's how the market works. Cause and effect, now if the cause is by legal means that's a different story. China had a heavy hit and is still dropping. They put their market on hold for an extra day to try and fix it. How they planned to do it in such a short time span I'm not very sure on, but I do know their property market is full of funny looking numbers when it comes to value.

While they managed to slow the drop it's still going down, we'll gain a couple points here and there but it hasn't gone over the past weeks numbers for about a month now, so we're looking at a world market with zero growth.

But it's not that bad we still have a long ways till bottom and the world won't end from a stock crash.