As Americans await this morning for the House's final acceptance or rejection of the current Bail-Out Bill, the Stock Market and Banks across the country are NEXT IN LINE to crash and collapse. This imminent scenario will occur regardless of the Bail-Out Bill's acceptance or rejection.
After the history-breaking 777 point One-day drop in the Stock Market a few days ago, the last few days show much talk about a 'rebound' in the stocks and a 'good time to buy in' to the stock market. To the contrary, the STOCK MARKET WILL CONTINUE TO BE A DOWNWARD STAIRCASE GRAPH HEADED FOR THE CRASH. This, AND the closing of many BANKS, will occur even though there might be numerous quick and short-lived up-blips and false rallies for a moment.
The repeated and specific forewarnings I've made recorded at the site since October 4, 2005 and as recently as September 11th and Sept 22nd in letters to our Global Partners that America's Future is poised for the biggest collapse ECONOMICALLY in our nation's history are already now manifesting in the last two weeks since Mid-September.
What we've seen so far is ONLY THE TIP OF THE ICE-BERG of the ECONOMIC COLLAPSE coming to America.
It will quickly get worse.
View:
the REPEATED WARNINGS recorded at the site.
ALSO VIEW 'Why?' this is happening AND
THE SOLUTION.
@DirectLink: www.Heisnear.com/AmericasFuture.html
>>>>>>> end of recorded post/letter, Rob Conrad / 9:01Am / Thurs Oct 2, 2008
What has the Stock Market done since the above post at 9:01AM Thursday, Oct 2nd ?
Thur 10/2 > Drop 348 pts
Fri 10/3 > Drop 158 pts
[ $700 billion Bail-Out signed ]
Mon 10/6 > Drop 369 pts
[ Dow below 10,000 today 1st time in over 4 yrs, since '04 ]
Tue 10/7 > Drop 508 pts
Wed 10/8 > Drop 189 pts
Thur 10/9 > Drop 678 pts
[ 1st time in 5 years ['03] Stock Market dropped below 9000 points; 1 yr ago Stocks were over 14,000 ]
Fri 10/10 > Drop 128 pts
__________
Since Thur Oct 2nd :
= Dropped 2378 pts total
= Dow rests @ 8451 pts
[ *as of closing bell Friday,
Oct 10, 2008 ]
....