ALL-OUT CRASH WAVE BEGINNING


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Showdown With Iraq
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ALL-OUT CRASH WAVE BEGINNING

By J. Adams
November 6th, 1997

Below is a letter I sent yesterday to Robert Prechter, the "Elliott Wave Theorist". According to Prechter, we are now about to enter the third wave down in the opening leg of a Grand Supercycle bear market. This wave is the parallel of the all-out crash wave in 1929 and 1987 (the record drop last Monday was part of the first wave down in broad stock market averages- following the rebound from this wave down comes the third wave crash). This time around, however, we're looking at a GRAND SUPERCYCLE crash wave, which implies an unprecedented upset of prevailing expectations- most likely, I believe, compliments of Saddam Hussein...



Date: Wed, 05 Nov 1997 19:50:42 -0500
To: bobp@elliottwave.com
From: "J. Adams"
Subject: Third Wave Grand Supercycle Crash...

"Remember, when the market next turns down,
it will be a third wave, and those
are the most dramatic of all."

- Robert Prechter,
Elliott Wave Theorist Short-Term Update, 11/5/97

Bob,

I presume you understand that this might be the Grand Supercycle crash that is next. It is likely no coincidence that the stock market patterns indicate this crash is imminent just as Saddam is provoking new U.S. military action against Iraq. A crash implies a dramatic upset of prevailing expectations- i.e., a negative surprise. I believe this is precisely what Saddam has in store for us and is precisely why he is now picking a new fight. Hence, the special report of a chemical SCUD missile attack against Israel I foresaw six-and-a-half years ago. Hence, the air-raid siren and nuclear explosion I heard along with friends in connection with reading the seventh seal Bible prophecy a week after seeing this special report.

See- http://www.ucc.uconn.edu/~jpa94001/j03.html

and http://www.ucc.uconn.edu/~jpa94001/j06.html

and http://www.ucc.uconn.edu/~jpa94001/j08.html

and http://www.ucc.uconn.edu/~jpa94001/content.htm

The world is experiencing fatalism. Truly it is fatal fate. I presume this is where the meaning of John's famous quote comes from:

"And you shall know the truth,
and the truth will set you free."

Right now people aren't free. They're enslaved by lies. I hope you can see where concealing truth for the sake of personal profit is wrong.