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Originally posted by fishman1985
OK SO ITS THE DAY IN QUESTION AND THE MARKET IS ACTUALLY UP A DECENT AMOUNT RIGHT AT THE OPENING BELL, SO THIS ONE AND ALL OTHER PEOPLE PROPHESIZING AN EXACT DATE ARE WRONG ONCE AGAIN!
Originally posted by SpaceMonkeys
Originally posted by fishman1985
OK SO ITS THE DAY IN QUESTION AND THE MARKET IS ACTUALLY UP A DECENT AMOUNT RIGHT AT THE OPENING BELL, SO THIS ONE AND ALL OTHER PEOPLE PROPHESIZING AN EXACT DATE ARE WRONG ONCE AGAIN!
There are two reasons why I wasnt expecting a crash today.
Firstly if you look at the correlation between legatus events and the stock market, it isn't to do with markets crashing on that day, it's about that day being the top in the market.
Take for example reinhardts last prediction which was on May 2nd. Pull up a chart of the Dow Jones and you will notice that May 2nd was the top in the market, and the market declined from then on, and we haven't even got close to getting back to the May 2nd high.
Secondly the predictions are to do with huge checks being donated to legatus and once they clear then the negative news moves through the markets.
The checks have to clear first so give it time.