Monday, December 9, 2013

Wow! Current stock market graph matches the graph from 1929

[Update 19 - 8 December 2013]

A sharp-eyed reader brought the following chart to my attention...

...It shows how well the current stock market graph matches the graph from 1929. The chart appeared on November 27 in this McClellan Financial Publications article. It was also picked up by Zero Hedge on December 7 in this entry.

As you can see, the graphs bear an uncanny resemblance to each other when you look at the points of inflection, although the match is approximate, not exact. As you can also see, the graphic predicts a market top on or about January 14. And what event is already scheduled to occur on or about January 14? The federal government is scheduled to run out of money and shut down again on January 16.

To get some ballpark dates for the two big plunges that occur in the weeks after January 14, I enlarged the graph on my monitor and broke out a ruler. After measuring that January 14th was 4/16" into the year, I measured that the first big drop was 10/16" into the year, which corresponds to 35 days into the year. That would place the first big down move as occurring on or about February 4. And what events are already scheduled to occur on or about February 4? On February 1, Janet Yellen (a.k.a. "the fall girl") takes the reins of the Federal Reserve, and on February 7, the debt limit suspension ends.

As for the really big plunge, I measured it as occurring 18/16" into the year, which would place it on or about the 63rd day of the year. And what is the 63rd day of the year? You'll never guess this one... March 4.

Given all the indicators that are blinking yellow for the first quarter time window next year, I think it's finally time to watch this video.

For more information on the prescheduled events I mentioned (the January 16 government shutdown, the February 1 Yellen ascension, and the February 7 debt limit date), go back and read the "The January/February window for a global financial reset" section of this entry.