"Friday, September 26, 2008
MONDAY: ALL HELL TO BREAK LOOSE
Those of you who have been following my former radio show and now,
this blog, know that I have a very good track record of telling you
what's coming in the markets and when.
Tonight, as I write, it is Friday, September 26 at 7:05 PM and I
regret to tell you that Monday all hell is going to break loose.
The reason President Bush, Treasury Secretary Paulson and Federal
Reserve Chairman Ben Bernanke pushed so hard for Congress to act this
week was because they knew that the last hour of trading last Friday
was a "quadruple witching hour." During that hour, contracts for stock
index futures, stock index options, stock options and single stock
futures (SSF) all expire.
Quadruple witching hours occur only four times a year, on the third
Friday of March, June, September and December.
Bush, Paulson and Bernanke knew that if a solution was not found by
close of business today, they could not hold off the rest of the world
any longer. The markets would start plummeting in Asia on Sunday night
(East coast time) because with all the options and futures having now
expired, the market is free to "correct" itself.
Congress has now failed to act, the quadruple witching hour has taken
place and there is no bailout.
If Congress does not get a Bill passed by Sunday night, we should
expect all hell to break loose when Asian markets open and the
"correction" hits. Look for a severe, fast, downward spiral.
I'm talking about worldwide economic calamity beginning Sunday in Asia
and spiraling out of control within a week or so. Two weeks tops.
If I am right (and I hope I am not) the world will see a financial
catastrophe that will make "the great depression" look like a walk in
the park.
Here's what you need to do this weekend
If you haven't taken my advice and gotten out of the markets already,
you're too late. The only thing you can try to do now is prepare for
the fallout of the worldwide economic collapse.
Go out and get yourself canned foods; enough to feed your family for a
month or two.
In addition to canned foods, go out and buy 50lb bags of rice and
oatmeal. You can use the rice as a bed for the canned foods for lunch
and dinner and the oatmeal for breakfast. You may want to grab some
honey and / or brown sugar to put on the oatmeal. You should also have
dry milk powder to be able to mix with water to make milk.
If you do not yet have a gravity-fed water filter, go get one.
If you do not yet own guns to protect yourself and your family, try to
buy one over the weekend. If you already own guns, get ammunition.
The reason you'll need the weapons is because civil unrest is likely
to begin very quickly.".
........... it goes on...
http://groups.google.com/group/rec.a...cbae495daa572athis fits PERFECTLY with the martial law beginning october 1st.
florida was under martial law 4 days before 9/11. so i knew when i saw about martial law being implemented for oct first, shits about to go down bigtime.