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0 point   posted on 07/30/08
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MARKET CRASH on AUGUST 22nd


Hi, i have been calculating and i have come to the conclusion that the stock market has to crash on August 22nd 2008.



Which means AAPL will be trading at about $17 a share.

Google will be trading at about $57 a share.

of course these are just 2 popular examples, you can apply this ratio to every other stock in the stock market.





Thanks for reading.

Sumer Kolcak.

  Related to:  
AAPL Apple Computer Inc
INDU Dow Jones Industrial Average
COMP NASDAQ Composite Index
SPX S&P 500


Comments (57)

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2087211683
stampada   62%     0 point   commented 1396 days ago reply

Personally, I believe that your Black friday will be a non-starter in the middle of a rising trend for the SPX. This uptrend will likely last until the week of 9/22-9/26/08 with the SPX selling at somewhere around 1400. If you like full moon stuff, Mercury turns retrogade from 9/24-10/16/08, which often presents a rough patch for US securities markets. Also, 9/08/08 could set up an interesting trade.

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Space-monkey
spacemunkey   57%     1 point   commented 1394 days ago reply

Hey I just did some calculating too....but I think I better not share it out of politeness with the rest of the community.
Say, when is the next triple witching day? Is it the 19th of September?

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traderdrew   51%     1 point   commented 1394 days ago reply

opinions are worthless unless supported by fact. I advise you to use some in order to prevent yourself from sounding like a fool.

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Ry_3d320
coreadrin_47   35%     1 point   commented 1394 days ago reply

yes, next triple witch is September 19. You going to play any options or just swing on the volatility?

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Olive_baboon
nuncprolunch   61%     1 point   commented 1394 days ago reply

Interesting theory. I don't suppose you'd care to show us the numbers?

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allstarinvestor   85%     1 point   commented 1394 days ago reply

you guys cant possibly believe that crap

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Kbe_4-14
nextfundmanager   N/A     1 point   commented 1393 days ago reply

what is this triple witch you are talking about

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Olive_baboon
nuncprolunch   61%     1 point   commented 1393 days ago reply

nextfundmanager, the triple witching hour is the last hour of trading on the last Friday of every March, June, September and November. It is when certain options contracts expire all at the same time and generally increases the market's volatility. You can find a more detailed explanation here:
http://en.wikipedia.org/wiki/Triple_witching_hour

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Olive_baboon
nuncprolunch   61%     1 point   commented 1393 days ago reply

Did I say November? December. Sorry. Triple witching hour happens four times a year at the end of the quarter. The "triple" refers to stock index futures, stock market index options and stock options.
It's one of those picturesque stock market expressions like "dead cat bounce" or "nekkid short sale".

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Ry_3d320
coreadrin_47   35%     1 point   commented 1374 days ago reply

just a small correction. Triple witching is actually the third (not last) friday of the third month of each quarter.

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Kbe_4-14
nextfundmanager   N/A     1 point   commented 1393 days ago reply

thanks for info nuncprolunch

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allstarinvestor   85%     1 point   commented 1392 days ago reply

based on the comments of the original post and the applicability of the drop to all stocks are we to assume that on that date all stocks are to have a beta of 1?

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Olive_baboon
nuncprolunch   61%     1 point   commented 1392 days ago reply

Only if the moon is in the seventh house and Jupiter aligns with mars, allstarinvestor.
Otherwise, its an Uday and Qusay moment.

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traderdrew   51%     1 point   commented 1391 days ago reply

wow i hope you are kidding, maybe next you can read ben bernankes palm to see where interest rates are going

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fas831   28%     1 point   commented 1387 days ago reply

"wow i hope you are kidding, maybe next you can read ben bernankes palm to see where interest rates are going"

that was really funny traderdrew just had to comment

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Olive_baboon
nuncprolunch   61%     1 point   commented 1381 days ago reply

There are eight days left...

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Gekko
Walter Thatcher   74%     1 point   commented 1381 days ago reply

This has to be a joke.

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Olive_baboon
nuncprolunch   61%     1 point   commented 1380 days ago reply

There are seven days left.

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Supertradetimer Team   60%     1 point   commented 1380 days ago reply

We don't know about a crash on a specific date, but, we don't believe that the market has seen the lows and our signals still show that there will be significant additional downside in the commodities, financials, consumer discretionary and technology sectors. We are negative on GOOG, BIDU, POT, IPI, AGU, MOS, GS, MER, ICE, FSLR to name a few. We have all our our details at supertradetimer.com and we also are offering a free 2 week trial for new members right now.

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Olive_baboon
nuncprolunch   61%     1 point   commented 1378 days ago reply

There are five days left.

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Ry_3d320
coreadrin_47   35%     1 point   commented 1378 days ago reply

Supertradetime Team, almost all of those are major bubble stocks anyway. Based on volume alone you can say that they would be inflated by 10 - 15% above anything close to fair market value. Of course many of them will tank. It's not hard to pick those ones out - why don't you try a short on SNY - pick up 20 - 30% over the next year or so. Everyone's positive on them, but they will definitely hammer down.

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Olive_baboon
nuncprolunch   61%     1 point   commented 1377 days ago reply

There are four days left.

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projwal   51%     1 point   commented 1376 days ago reply

RIDICULOUS, I expect the market will be up on friday

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Olive_baboon
nuncprolunch   61%     1 point   commented 1375 days ago reply

There are three days left.

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buster66   62%     1 point   commented 1375 days ago reply

bakalim,yarin nasil olacak,ne uzerine hesapladin anlamadim???????????

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Angelina Rose   N/A     0 point   commented 1375 days ago reply

Hi, I am not agree with you. Any way two more days left.

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Olive_baboon
nuncprolunch   61%     1 point   commented 1373 days ago reply

One day left.

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Olive_baboon
nuncprolunch   61%     1 point   commented 1372 days ago reply

DJIA up 197.85 (1.731%)
NASDAQ Composite up 34.33 (1.43%)
S&P 500 up 14.48 (1.33%)
Unless you're calling these numbers a crash, your calculations seem off.
Want to try again?

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Olive_baboon
nuncprolunch   61%     1 point   commented 1372 days ago reply

Obviously, sumer_kolcak was wrong, and my guess is that he/she wasn't even trying to be taken seriously. But this thread does raise some questions that are worth thinking about.
Since he/she seems to have dropped off the grid, I propose that we give some thought to why we don't believe outlandish predictions and how to tell whether a prediction is really outlandish.
Bear Stearns, GM and Enron come to mind. What factors go into the conclusion that a company is heading for hard times or worse? Is it the "calculations" that sumer_kolcak alluded to but never demonstrated? Or is it something more insubstantial, a kind of woo-woo fluttering in the solar plexus? Or is it an apparently unrelated item on the Making Money page of IBD?
Any thoughts?

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Jpeg_sun4agk
Locationh   61%     1 point   commented 1372 days ago reply

He is correct. The market crashes on August 22. This may be the 23rd but it did crash. All the astrological signs pointed to it. He just forgot to inform us that the year is 2108 not 2008. Be prepared.

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Kbe_4-14
nextfundmanager   N/A     1 point   commented 1337 days ago reply

wow it is a bit pathetic that this is the most popular thread on the site

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allstarinvestor   85%     1 point   commented 1353 days ago reply

no he is an idiot astrology doesnt mean anything in the markets

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Tom Allen   64%     0 point   commented 1349 days ago reply

Hahaha your so retarded. Don't predict things if you don't have experience, who cares about you? I bet you don't even trade shares.

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