Tuesday, September 2, 2014

The Mystery of the Shemitah



 Does an ancient Jewish prophecy predict a stock market crash on September 11, 2015?

The year 2015 is a Sabbath (Shemitah) year.  It ends on September 13, 2015, which corresponds to Elul 29.  That day falls on a Sunday, and the previous market day is Friday, September 11.  The two previous days that ended Shemitah years and fell on Elul 29 were September 17, 2001 (when the Dow dropped 684 points or 7.1% when the markets reopened after 9/11) and September 29, 2008 (when the Dow dropped 778 points or 6.98%).

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