Posted by Rob Conradon ThursOctober 2, 2008 @ 9:01AMat www.Townhall.com [ *At the time of this post, 30 mins before the Stock Market opened, the Dow Jones was set @ 10,830. At the end of the day's closing bell @ 4PM ET, the Dow had dropped 348 points, and closed at 10,482 points. ] [*This same letter below was also sent out to Global Partners of Heisnear.com on Oct 2nd.]
Coming Next: Stocks will Crash, Banks Closing
As Americans await this morning for the House's final acceptance or rejection of the current Bail-Out Bill, the Stock Market and Banks across the country are NEXT IN LINE to crash and collapse. This imminent scenario will occur regardless of the Bail-Out Bill's acceptance or rejection.
After the history-breaking 777 point One-day drop in the Stock Market a few days ago, the last few days show much talk about a 'rebound' in the stocks and a 'good time to buy in' to the stock market. To thecontrary, the STOCK MARKET WILL CONTINUE TO BE A DOWNWARD STAIRCASE GRAPH HEADED FOR THE CRASH. This, AND the closing of many BANKS, will occur even though there might be numerous quick and short-lived up-blips and false rallies for a moment.
The repeated and specific forewarnings I've made recorded at the site since October 4, 2005 and as recently as September 11th and Sept 22nd in letters to our Global Partners that America's Future is poised for the biggest collapse ECONOMICALLY in our nation's history are already now manifesting in the last two weeks since Mid-September.
What we've seen so far is ONLY THE TIP OF THE ICE-BERG of the ECONOMIC COLLAPSE coming to America.