Stock Market Crash Prediction 2008

Using my own stock market cyclical indicator I predict a stock market crash for the FTSE beginning within a few days of August 18th 2008.

The market will begin to drop & within 2 - 3 weeks will hit 4500 before recovering over the next 2 to 3 weeks to around 5250.

It will stay at this level for a few months before dropping sharply to around 4000, & will trade around this level with a few peaks & troughs for a couple of months before setting of down again to between 3300 & 3500.

It will hit its bottom probably before the end of 2009, or shortly into 2010.

Category:

News & Politics

Tags:

• stock
• market
• stockmarket
• crash
• ftse
• recession
• great
• depression

[the92minutes]

good prediction, whats your thought on 2009. what do u think of commodities

[chibbledorf]

My prediction for 2009 is that we will begin to see inflation after a short period of deflation, that the £ will continue to weaken until confidence is lost in it & the UK is forced to join the Euro, & that the US$ will also be hit severely and will lose much of its value. This of course makes imports much more expensive, hence inflation, and also means that it is harder for countries to borrow without interest rates going up substantially - which they are going to have to do before too long.

[chibbledorf]

I think commodities will increase in price quite a lot, especially gold & other precious metals.

[chibbledorf]

Its going down very quickly. My advice, & I'm not a financial advisor so it's just advice to myself as I think out loud okay, is to get as much money out of the bank ASAP, because after Friday there may well be the biggest bank run since the Great Depression.

Also buy some precious metals & lots of canned food before prices rocket.

Might not do any good holding onto cash, your money might be worthless by then.

[chibbledorf]

The FTSE fell by 500 points to around the 5000 mark today, then fell another 5% in after hours trading taking it to 4500 - as predicted!

Question is, can it fall any further? With serious market jitters I think it can. I don't think people appreciate the gravity of the situation - the Wests entire finacial & economic system is on the verge of a meltdown. It is a fiat currency, paper masquerading as something of real value - as soon as the confidence in it has gone, it is worth nothing.

[chibbledorf]

Well,

the FTSE fell by 7% this week, its worst performance for 6 years - looks like the start to me, so I was about 2 to 3 weeks out maybe.

[freqlink]

Some say the end is near. Some say well see armageddon soon. I certainly hope we will. I sure could use a vacation from this Bullshit three ring circus sideshow of Freaks Here in this hopeless fucking hole we call la The only way to fix it is to flush it all away. Any fucking time. any fucking day. Learn to swim, Ill see you down in arizona bay. One great big festering neon distraction, Ive a suggestion to keep you all occupied. Learn to swim. Moms gonna fix it all soon :TOOL

[sparwood8]

The US Government is going to hand close to a trillion dollars to the greedy banks, and they will hand YOUR money over to their buddies like they did with the 14m payout to a CEO.

These guys really deserve YOUR hard earned money. Obama will make both Billy C, and Bush look like heros, IMOP

[jayvidal]

2009/2010 US dollar will over night half its value. Chinese investment pulling out of US

stock market will crash with loses far greater than august 2008.

[supercooker1970]

nope- the "freemarket" republicans let loose the unregulated banks and loaners. let THEM fucking pay.

[sparwood8]

Hey chibble, do us all a favor: Don't disable comments, k?

[sparwood8]

Wrong, the democrats engineered this when they passed dumb banking laws 28 yrs ago. One of those banks who are seeking part of the 800 BILLION dollar bail out handed 14 million to a short term CEO when he left the company.

Let the bastards fry

[sparwood8]

Copper has since dropped to $3500 a ton. There never was a big bank run, as was predicted here, and the worst is yet to cme

[06320900]

say no to chips. the collapse of the dollar is to bring a new monetary system into light. according to NWO.