Dr. Louis Turi "Dow Jones, Nikkei, Hang-Seng Will Crash 50% In 2005/2006"

Dr. Louis Turi is said to have predicted that a devastating event will occur on Aug. 29th which did, Hurricane Katrina. So I think we should look into what other predictions he currently is making to see how accurate he is. Also, it would be great if moderators here could see about setting up an interview with him on this website. I'm sure he would do it.


The worst or most devastating prediction he currently is making is that the Dow Jones will halve (crash around 50%!). Think about what that really means. He sais this will occur between April 2005 and October 2006. The way it's worded is it's likely to occur in April or October of 05/06 and it's not just the Dow, it's also the Nikkei, Hang-Seng and other Wall Street Indices.

Considering 9/11 didn't halve or crash the Dow 50%, it will have to be something a lot worst! But what?


============================
Prediction:
Stock market crash

Objective measurement:
The Dow-Jones, Nikkei, Hang-Seng and Wall Street indices will all halve in the month of April and October 2005/06.

Why:
Operation of Saturn.


www.drturi.com...
=======================================

[edit on 22-10-2005 by Lord Altmis]

WHAT is his doctorate in, Astrology?

Or is that a secret, just like his "secret Nastrodamus technology" for deriving the future of financial markets?

I don't know!


He said the Dow Jones will halve or crash 50%. For those that don't know what that means, the Dow is basically the 30 most well known, largest blue chip companies in the U.S. They are considered what make America. For something to happen to crash them 50%, it would imply that the U.S. will be nearly destroyed.

Companies of the dow he predicts will crash 50% are:

ALCOA INC
AMER INTL GROUP (AIG)
AMER EXPRESS
BOEING
CITIGROUP
CATERPILLAR
DU PONT
WALT DISNEY
GEN ELECTRIC
GEN MOTORS
HOME DEPOT
HONEYWELL
HEWLETT PACKARD
INTL BUSINESS MACHINES (IBM)
INTEL
JOHNSON AND JOHNSON
JP MORGAN CHASE
COCA COLA
MCDONALDS
3M COMPANY
ALTRIA GROUP
MERCK CO
MICROSOFT
PFIZER
PROCTER GAMBLE
SBC COMMUNICATIONS
UNITED TECH
VERIZON
WAL MART
EXXON MOBIL

finance.yahoo.com...


That's the most extreme prediction I've seen in a while. Obviously if he's wrong he will ruin his career. It's just more interesting because he has been right in the past (or lucky in the past with his predictions).



[edit on 22-10-2005 by Lord Altmis]

Well, a 50% correction in the Dow 30 wouldn't "ruin" America.

We had a 75% correction in the Dow in October of 1987. It didn't exactly kill us, then, either. Just got a lot of suckers out of the market who didn't know what they were doing, anyway.

Some of the DOW 30 were ruined, and were removed by the crash, and replaced with stocks that were more widely traded. There have been a number of Crashes in US history. Most young pups have never lived through one, so the only one they have heard of was 1929, the "great depression." Here are some of the more heinous ones:

1913: This collapse took out almost every US bank, except for Chase Bank, Manhattan Bank, the City Bank of New York (Citibank) and a couple in Sanfrancisco (Bank of America). It also gave us The Federal Reserve. *cue sinister music here*

1855. We usually fight a major war after recovering from a stock-market crash. Some historians (me, for instance) believe that the US Civil War was at least partly rooted in the crash that had occured a few years earlier.

1818? A crash that many Americans believed at the time to have been engineered by the Freemasons and "international banking." The answer was to found the "Bank of America" (not the current corporation that uses that name) and have it function as a Federal Reserve. Many people felt it CAUSED subsequent financial shocks, until it was dismantled by Andrew Jackson (a known freemason, btw.)

Originally posted by Lord Altmis
Companies of the dow he predicts will crash 50% are:
BOEING

AH CRAP! Figures. We are a Boeing family.
Time to sell the stock!!
(If Hillary was to be elected, I could see the Boeing
stock taking a nosedive. United Tech as well. But that
won't be until 2008)

Here is his website

www.drturi.com...

I don't know if I believe this guy. But it's a good read.



[edit on 25-10-2005 by MauiStacey]

As opposed to beging just a garden variety nut, this guy seems to be sincere in his attempts to predict the future using astrology.

He does eem to spread the net of his predictions so wide that anything that happens can be called as being predicted by him.

Check his prediction on the end of Bush www.drturi.com...

I just bought morrre microsoft this morning.

couldn't this quack have predicted that I was going to do this and then alert me to my mistake?

dmaybe he was upset because he knew I was going to call him a quack.

Originally posted by dr_strangecraft

1855. We usually fight a major war after recovering from a stock-market crash. Some historians (me, for instance) believe that the US Civil War was at least partly rooted in the crash that had occured a few years earlier.

That's what I mean by saying it will ruin America. Not destroy America, but ruin it. I think with all the spending going on now, the way funds are being allocated, if there happens to be a crash of around 50% it will ruin confidence in the markets and investing and in the goverment.

Not to mention wipe out so many families. Then if a war just happens to follow, what's left to invade? N. Korea? Iran? Syria?

So it leads practically to WW3. So far the U.S. has invaded and taken over 2 countries and it's not a world war yet. It's the global war on terrorism.

The problem now is I think the U.S. is all "war-ed out". So a 50% drop would devestate the economy, the dollar. Foreign investors would run for the hills on top of that. It would just be a nightmare.

Plus you have to ask, if that is his prediction, what would take a 50% drop in the market? At this point I would have to say something very serious. Something completely unusual and unexpected.

That's really the question. You have to admit that a 50% drop in a number of major markets would have to mean a collapse of the U.S. in many aspects. Unless you believe 50% can come from some light or moderately fatal event.

I personal think a 50% move down would require something a lot more extreme in our current time. When the markets move 50% down, you are talking nearly everyone moving out of the investments. Massive volume.

In fact, the way the markets are currently designed, the market will halt itself after each major decline over a number of days. To get a 50% halving action you would be looking at a well sustained panic. You are talking...crash...halt/unhalt...crash...halt/unhalt...crash...etc.

Unless he's talking about a slow death. But his predction specifically mentioned October which is known as one of the worst months for the market during one of the worst quarters.

Originally posted by Lord Altmis
Companies of the dow he predicts will crash 50% are:

GEN MOTORS

I dont know about those other companies, but GM is in financial trouble. That's why they had to offer employee pricing.

10 yr GM stock history