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Originally posted by GradyPhilpott
It's about 0400Z, 13 October 2006. Besides Friday the thirteenth, isn't something significant supposed to happen on this date?
In 1307 AD the pope and the king arranged for the Templars to meet with them for a "friendly" convocation in Paris, France. Instead, Grand Master Jacques Demolay was arrested on Friday, October the 13th, 1307 AD (Old Style). Seven years later, in 1314 AD, Jacques DeMolay was burned at the stake for the crime of church heresy. Legend continues on that before Demolay died - he predicted to the king and pope that he would meet them both in heaven within the next year. Fact is... the king and the pope did die in the year 1314 AD. It is not known whether or not that Jacques DeMolay actually met up with these two rascals in heaven.
Friday the 13th, the S&P is at the same level as just prior to the big slide that started just before the 2000 presidential election. We're on the verge of a major congressional election. It was over valued on tech stocks then. It's over valued on real-estate now.
I think it could take a significant tumble today and then keep going down for a while.
What do you think?
13 October 2006. Besides Friday the thirteenth, isn't something significant supposed to happen on this date?