Let’s hope it doesn’t happen in 3’s
The Crash of 1929 and the Crash of 1987 both occurred exactly 55 calendar days after the stock market had topped
1929: the peak in the Dow was reached on September 3rd, when it closed at 381.17.
55 calendar days after September 3rd was (Monday) October 28th. That was the exact date of the Crash of 1929, with the Dow down 40.58 points, or 13.5%.
1987: the Dow topped out at 2722.42 on August 25th.
55 calendar days later was (Monday) October 19th when the Dow collapsed 507.99 points, or 22.6% in one day!
This year, the Dow topped out on January 4th, and...
55 days later is Monday (!) February 28th.
It will be a repeat of March 2020.
Russias exclusions from SWIFT will lead to missed payments and giant overdrafts similar to the missed payments and giant overdrafts that we saw in March 2020.
Central banks should stand ready to make markets on Monday again, that is if they want to. I suspect they don’t. This was forecast as being as far as the market could go. In April 2020 a timeline of 2 years was projected before the market crashed back down because there’s too much debt to sustain it. A Fake Russian war being used to cover the tracks of the Central bankers.
1929: the peak in the Dow was reached on September 3rd, when it closed at 381.17.
55 calendar days after September 3rd was (Monday) October 28th. That was the exact date of the Crash of 1929, with the Dow down 40.58 points, or 13.5%.
1987: the Dow topped out at 2722.42 on August 25th.
55 calendar days later was (Monday) October 19th when the Dow collapsed 507.99 points, or 22.6% in one day!
This year, the Dow topped out on January 4th, and...
55 days later is Monday (!) February 28th.
It will be a repeat of March 2020.
Russias exclusions from SWIFT will lead to missed payments and giant overdrafts similar to the missed payments and giant overdrafts that we saw in March 2020.
Central banks should stand ready to make markets on Monday again, that is if they want to. I suspect they don’t. This was forecast as being as far as the market could go. In April 2020 a timeline of 2 years was projected before the market crashed back down because there’s too much debt to sustain it. A Fake Russian war being used to cover the tracks of the Central bankers.
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Yarnmeister : so your saying the market will crash even though it's not even close to the end of the year
Mcsnacks H TupackOP Yarnmeister: Yes. There’s 300 billion that was removed by SWIFT sanctions that will hit the European market first then U.S. market then Chinas market.
Mcsnacks H TupackOP Yarnmeister: Selloff could cause too much hedging with short shares tho and then it would fall then bounce then fall again. Going to cause some serious whiplash. Will definitely cause it to be completely out of whack.
Mcsnacks H TupackOP Yarnmeister: The FED can also save the market the question is when will they. Will they wait until it crashed then buy up cheap bonds and stocks so they can sell them later and pull the market back down again. Then repeat until they have all the money from the market and own most or all of it.
Mcsnacks H TupackOP : How do I know it’s propaganda? Look at the pics.