Saturday, October 13, 2012

Halloween Stock Market Crash

The stock market is likely to crash (drop 20%) about Halloween, right before the election, based on fears of the "fiscal cliff".  It is more likely that Romney can get an agreement on the fiscal cliff than Obama can, so voters may be scared into voting for Romney.

So there are 4 predictions:
1.  Stock market crash on Halloween, plus or minus 3 days.
2.  Romney will win the election
3.  Riots break out in protest
4.  Agreement on fiscal cliff before Dec. 21.
Let's see if these happen.  Exciting times are ahead.

See:  http://www.zerohedge.com/news/2012-10-13/us-fiscal-moment-cliff-slope-or-wile-e-coyote
" Keep in mind that the stakes are much bigger this time. Last summer they had only the debt ceiling to deal with. This time there is the debt ceiling, the Alternative Minimum Tax ($120bn), tax extenders ($20bn), the Medicare doc fix ($20bn), the payroll tax cut ($120bn), extended unemployment benefits ($40bn), the sequester ($110bn), the Bush tax cuts ($180bn), Obama Care taxes ($20bn) and a number of other expiring programs ($90bn)."

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