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Market crash coming?

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July 22, 2010 – Comments (6)

I can't believe this is the first I'm hearing about it, but apparently there is something called the Cardinal Climax looming at the beginning of August the precedes the end of the world by 2 years. Apparently this is similar to the planetary formation that preceded Black Monday and therefore we can expect a massive stock market crash. I mean, crap, even Hewitt Heiserman is panicked and talked to astrologist investor Arch Crawdord about it last March. This exchange is gold:

We want to talk about the upcoming Cardinal Climax, which you say puts stocks—and perhaps humanity—in jeopardy. But first, explain to Seeking Alpha readers how you invest?

Certain planetary alignments put people under extra stress. And one way this stress manifests itself is in financial markets. After all, financial markets are a mix of fundamentals and emotion. Since astrologic events affect our emotions, I find it profitable to study the planets.

Tell me more.

It is common knowledge that when there is a full moon, there are more car accidents and other forms of aggressive behavior. Since financial markets partly reflect our hopes and fears, these markets are prone to mood swings. If you can anticipate these mood swings, you gain an edge over investors who focus solely on interest rates, growth forecasts, debt loads, and other traditional yardsticks.

I have examined every substantial move in the Dow Jones Industrial Average since 1896, and I find that when planets are at difficult angles, then owning stocks and commodities is riskier.

Just one more darn thing to worry about...and I wish I knew the tone with which that "Tell me more" was delivered. Anybody else hear about this?

6 Comments – Post Your Own

#1) On July 22, 2010 at 12:27 PM, cthomas1017 (83.47) wrote:

Please, and I'm completely serious about this, save us the Catholic priest jokes when responding to this post. 

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#2) On July 22, 2010 at 12:33 PM, davejh23 (< 20) wrote:

If he believes that this Cardinal Climax precedes the end of the world by 2 years, what's the point of investing?

Is it really common knowledge that there are more car accidents / aggressive behavior when there's a full moon?  I didn't know that.  I knew to look out for werewolves when there was a full moon.  Of course, I thought that there was no need to worry about vampires during the day...I knew that they were burned/killed by the sunlight...then I watch Twilight and learn that they just sparkle like diamonds! 

Oh well, if the world's ending, I'm done with this site and the stock market.  Thanks for the heads up!

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#3) On July 22, 2010 at 1:30 PM, guiron (20.23) wrote:

Please, and I'm completely serious about this, save us the Catholic priest jokes when responding to this post

Hadn't even occurred to me until you brought it up ... but now I'm laughing about it. You ended up telling the joke without telling it.

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#4) On July 22, 2010 at 1:46 PM, guiron (20.23) wrote:

Just one more darn thing to worry about...and I wish I knew the tone with which that "Tell me more" was delivered. Anybody else hear about this?

This is basically tied in with the idea of the Singularity- look up Terence McKenna. Or: http://en.wikipedia.org/wiki/Technological_singularity

I don't put much stock (no pun intended) in astrology when it comes to investing, but apparently some people have good results with it, so I can't knock someone's investing style if it works. The idea that the "world is ending" may just refer to an era ending, although whether that will come to pass depends more on self-fulfilling prophecy than anything, IMO. If enough people believe the world is ending, maybe they will try to bring it about.

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#5) On July 22, 2010 at 1:49 PM, catoismymotor (46.33) wrote:

Mark McGwire laughs nervously.

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#6) On July 22, 2010 at 1:51 PM, TMFHelical (98.68) wrote:

This seemed to get a lot of play around April first of this year.

 Just saying.  And funny how this 'alignment' is only mentioned in relation to investing.

TMFHelical

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