The man who predicted the market collapse TO THE DAY in 2008 predicts October 24, 2011 as a collapse, page 1

Remember this guy anyone? A seemingly random guy shows up on a Google finance message board on July 18, 2008 and predicts the stock market will crash on September 15th, 2008, and id did! Dropped 505 points on September 15th! He researched how an organization called Legatus potentially moves the stock market in big ways to fund the Vatican and the Catholic church.

www.abovetopsecret.com...

finance.google.com...

www.legatus.org...

Legatus is an organization of wealthy and influential Catholic businessmen, and big stock market moves have occurred when they hold influential meetings, most notably their yearly pilgrimage. They will hold another Pilgrimage on October 12th through the 23rd, 2011. Will the market collapse as a result of these men potentially financing the Vatican through massive selling in the US stock market, most notably through the use of put options? Put options, if you don't know, allow an investor to sell a security at a predetermined price. So if you think (or you know) big market players will sell off bigtime, if you buy a put option and lets say a stock or an index goes from 10 dollars to 5 dollars, you can buy the stock at 5 dollars and sell it to the option writer for 10 dollars instantly and make a 100% profit. The people who sold at 5 are the sheep, most notably people with 401Ks, mutual funds, IRAs, and what's left of the public and private pensions.

tickergrail.blogspot.com...

seekingalpha.com...

www.zerohedge.com...

As you can see, put options for the month of October are usually around 10,000. They're now hovering close to 1 million, a 9,900% increase from normal.

The guy who found this correlation between Legatus and large stock market moves goes by Reinhardt. Here is his website. I recommend scrolling to the bottom to see his current charts and events.

www.enterprisecorruption.com...

We shall see!

reply to post by Drew99GT

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Oh you mean scroll down to where you have to pay out the a$$ for a subscription? The only thing that's going to happen in October is me pigging out on candy and having to visit the dentist in shame November.

I can't even count how many people 'predicted' the 2008 disaster. Frankly, you'd have to be an idiot to have not seen it coming.

Originally posted by AMANNAMEDQUEST
reply to post by Drew99GT

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Oh you mean scroll down to where you have to pay out the a$$ for a subscription? The only thing that's going to happen in October is me pigging out on candy and having to visit the dentist in shame November.

I can't even count how many people 'predicted' the 2008 disaster. Frankly, you'd have to be an idiot to have not seen it coming.

You don't have to pay him to see what he predicted! He reported it initially on a random Google finance message board! (and was subsequently banned).

How many of the people you cite predicted a 500 point collapse 3 months in advance TO THE DAY?

I'm not trying to tout this as some end all be all prediction like many ATS members are notorious for. that's why I ended my post with "we shall see". It's one more piece to the puzzle and to me, it's FASCINATING.

The 9,900% increase in October puts from 10,000 to roughly 1 million is news enough absent the information about Legatus.

Cheers

reply to post by Drew99GT

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I'm sure I could cite many with the claim but I'm not buying there book to do so. So what if he got the numbers right, it's a number game anyway. It's not if but when. So is it really a prediction when you guess the inevitable? Even a broken clock is correct twice a day. Look, I'm just saying I didn't need anyone to tell me it was bad then, and not, nor ever.

Originally posted by AMANNAMEDQUEST
reply to post by Drew99GT

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I'm sure I could cite many with the claim

Please do.

Originally posted by Drew99GT

Originally posted by AMANNAMEDQUEST
reply to post by Drew99GT

---

Oh you mean scroll down to where you have to pay out the a$$ for a subscription? The only thing that's going to happen in October is me pigging out on candy and having to visit the dentist in shame November.

I can't even count how many people 'predicted' the 2008 disaster. Frankly, you'd have to be an idiot to have not seen it coming.

You don't have to pay him to see what he predicted! He reported it initially on a random Google finance message board! (and was subsequently banned).

How many of the people you cite predicted a 500 point collapse 3 months in advance TO THE DAY?

I'm not trying to tout this as some end all be all prediction like many ATS members are notorious for. that's why I ended my post with "we shall see". It's one more piece to the puzzle and to me, it's FASCINATING.

The 9,900% increase in October puts from 10,000 to roughly 1 million is news enough absent the information about Legatus.

Cheers

Oh BOY... This is the indicator I was looking for. It means that economic doomsday will occur late October or early November.

reply to post by Drew99GT

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The 500 point drop was an effect, not the cause. I'm not going to waste my time looking stuff up. There were lot's of economist that knew the housing and automotive bubbles were going to burst. Better yet, cite me where he said anything about a "500 point collapse 3 months in advance TO THE DAY?," Other than,

19/10/1987 (October 19 1987) Market Crash; market falls more than 500 points; related to stocks

15/03/2008 Start of 2nd worst market crash of 21st century

Originally posted by AMANNAMEDQUEST
reply to post by Drew99GT

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The 500 point drop was an effect, not the cause. I'm not going to waste my time looking stuff up. There were lot's of economist that knew the housing and automotive bubbles were going to burst. Better yet, cite me where he said anything about a "500 point collapse 3 months in advance TO THE DAY?," Other than,

19/10/1987 (October 19 1987) Market Crash; market falls more than 500 points; related to stocks

15/03/2008 Start of 2nd worst market crash of 21st century

OK, it's obvious you didn't even read ANY of the information provided.

reply to post by Rockpuck

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Source?

reply to post by Drew99GT

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I did read, he posted in July 2008 that there would be a crash September 15 2008. Whoopee-do. He found a correlation with October and Legatus. Whoopee-do. He circled every spike and links the dates to meetings. He's banking on this October to do the same.

So did they pause summits 2009-2010?

Originally posted by AMANNAMEDQUEST
reply to post by Drew99GT

---

I'm sure I could cite many with the claim but I'm not buying there book to do so. So what if he got the numbers right, it's a number game anyway. It's not if but when. So is it really a prediction when you guess the inevitable? Even a broken clock is correct twice a day. Look, I'm just saying I didn't need anyone to tell me it was bad then, and not, nor ever.

Have you any idea what his book is about?

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