1929 Stock Market Crash of 1998 Warning! (History Repeats Itself). Free Charts & Data - I'm Crash Ready, Are You?

Does History Repeat Itself?

You be the Judge...

Below are two charts of the Dow Jones Industrial Average. The two time periods are separated by more than 50 years.

Similar, aren't they? These are the 2 worst crashes the US Stock Market has seen over the past 100 years.

The similarities between these two charts represents how similar investor's mass psychology was during these two periods of history. Also note that while 58 years apart, both of these crashes happened in October, within 2 weeks of eachother.

Just wait until you see the current chart of the Dow Jones Industrial Average...

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Did you know that Monday, October 19, 1998 will be the exact 11 year anniversary of Black Monday 1987? That alone is not a reason for the stock market to crash again this year. There are dozens of "real" reasons why the stock market must crash and soon. I will not go into all of the reasons here, but here are some references so that you may judge for yourself.

What I will give you is a visual tour of the real history of Wall Street, not just the past 15 years of Bull Market hype that you would get from the main stream, but the past 100 years of Wall Street History. Did you know that virtually all recessions and depressions are preceded by a decline of stock values? Did you know that the only depression of the past 100 years, the great depression was preceded by the worst stock market crash this century? I hope that this information will help you to think "outside of the box" of this current bull market mania.

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The 10 pages that follow will allow you to see the big picture and the cruel cycles of Wall Street. I suggest that you read this information in order for the best understanding. Once read, you will know exactly what to do to protect yourself from the biggest crash ever.

Below is my prediction which was made in May of 1998 and published on this site on June 11, 1998. I was too optimistic about the Dow reaching 10,000, and my timing for the 1st decline and right shoulder was off, but we are still on target for the biggest crash ever. Don't think that the crash has to happen in October, the actual bottom in 1929 was on November 13.


Below I offer my prediction for the rest of 1998. If the market is where I think it is, then the numbers below should be pretty close. To be safe, sell all your stock toward the end of August. If you want more proof, wait for the September decline of 10%+, then sell on the rally back somewhere between October 1-14. If you decide not to sell your stocks, don't say that I didn't warn you. Investors were actually jumping out of windows to their death after the '29 crash.

First, the Dow will soar up above 10,000. My actual target is 10,600 (While I'm writing this, the Dow is at 8,800 (June 11)). Then there will be a 10-15% sell-off in September (Dow 9,400), followed by a "right shoulder" rally early October which should carry the Dow up about 50% of the previous decline (Dow 10,000). Then the market will slide like it did in 1929. The bottom will be 40-50% down from the high (45% means Dow 6,000). I predict the first crash will happen either on Monday, October 19, 1998, the 11 year anniversary of the '87 crash, or within the following 3 weeks.

I hope that your mind is open enough to think independently, to leave the "herd mentality" that will surely lead you over the cliff.

Bookmark this site and watch the Dow in September. If you see it drop 10% or more from it's high, then return to this site. I will have more information for you by then.

This type of opportunity only comes around once in a lifetime. The last time it presented itself was 69 years ago. Don't miss out.

-CrashReady@hotmail.com-

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Only a small percentage of the people visiting this site actually act on the information found here. It will take no less than millions of investors selling stocks to cause the market to crash, so please don't be so puny as to blame me for the crash after it happens. Not even Alan Greenspan can cause the market to move more than 2% in one day.