WHOA!

Richard Russell, the famous writer of the Dow Theory Letters, has a chilling line in today's note:

Do your friends a favor. Tell them to "batten down the hatches" because there's a HARD RAIN coming. Tell them to get out of debt and sell anything they can sell (and don't need) in order to get liquid. Tell them that Richard Russell says that by the end of this year they won't recognize the country. They'll retort, "How the dickens does Russell know -- who told him?" Tell them the stock market told him.

That's pretty intense!

Update: By popular demand, here's more on what he sees in the market. The gist is that the markets recent gyrations are telling him that the economy is in trouble:

And I ask myself, "Am I seeing things? The April 26 high for the Dow
was 11205.03. The Dow is selling as write at 10557 down 648 points
from its April high. If business is even better than expected, then
why is the Dow down over 600 points? And why, if there were 674 new
highs on the NYSE on April 26, were there only 20 new highs on Friday,
May 14? And if my PTI was 6133 on April 26, why is it down 17 points
since its April high?

The fact is that I've been seeing deterioration in the stock market
ever since early-April, and this in the face of improving business
news. The D-J Industrial Average is composed of 30 internationally
known top-quality blue-chip stocks. These are 30 of "America's biggest
companies." If Barron's is so bullish on the future of America's
biggest companies, then why isn't the Dow advancing to new highs?

Clearly something is wrong. But what could it be? Much as I love
Barron's, I trust the stock market more. If I read the stock market
correctly, it's telling me that there is a surprise ahead. And that
surprise will be a reversal to the downside for the economy, plus a
collection of other troubles ahead.

About Dow Theory -- First, we saw the recent April highs in the
Averages. Then we saw a plunge in both Averages to their May 7 lows --
Industrials to 10380.43, Transports to 4298.12, next a short rally. If
ahead, the two Averages turn down and violate their May 7 lows, that
would be the clincher. Such action would signal the certain resumption
of the primary bear market.

Just as for years I asked, cajoled, insisted, threatened, demanded,
that my subscribers buy gold, I am now insisting, demanding, begging
my subscribers to get OUT of stocks (including C and BYD, but not
including golds) and get into cash or gold (bullion if possible). If
the two Averages violate their May 7 lows, I see a major crash as the
outcome. Pul - leeze, get out of stocks now, and I don't give a ****
whether you have paper losses or paper profits!

Email: jbeckloff@gmail.com

Well, my valuables consist of Jesus, my hubby and my dog none of which are for sale. All of my stock is invested in Jesus and that investment will not crash!

WOW! I've got it made!!!

Email: sweetbyandbyx2@yahoo.com

9 years till I pay off my house... dern! Glad I have tents... I'm going to be homeless it seems.

Hi;
I am new and was reading and I can happily say by the grace of jesus that my house got paid for when wall street went straight 7s in 2008 and last year we paid off the property and have nothing else except for the car and that to get to work with but all these things belong to our Lord and I am waiting and watching for him at anytime,for like you all I too have had dreams and I watch Israel as well as the US,I have read from other forums from highly respected pastors ( Bill Salus) telling us of a Psalm 83 war with Israel this summer and how Israel is already prepared for it,and how "Project Blue Beam" will decieve all ( I have that email in my folders) so we need not to worry about anything,also happy to be among you all.

In Christ;
Donna C

Email: wildrabbit29720@yahoo.com

Hi Donna . . this is Donna the mod. Glad you've joined us.

Hoping you can change your poster name to DonnaC so that we can tell which is which .. . thanks, sister,

Hi;
Got it changed and why I signed it with my last name letter but didnt think of the other but got it done

Donna C

Email: wildrabbit29720@yahoo.com

I was wondering why Donna was posting that she was new LOL

Welcome DonnaC

Email: sbell48907@aol.com

lol my bad thought I had it covered but didnt cover it all but anyway thank you for the welcome I recieve endtimes email alot and share with others and I came across this iste thru an endtime email so I have been surfing during the lockdown and when it got lifted I jumped in asking to join


Donna C

Email: wildrabbit29720@yahoo.com

Looking forward to Sunday!

So ready for Sunday dear watchers!!!! If it's not Christ's perfect time . . we'll remain in watch mode til HE comes for us

I have been and will continue to watch and keep getting into trouble by warning all!

Donna C

Email: wildrabbit29720@yahoo.com

Beautiful picture Donna!!!

Can't wait to be in that Beautiful mansion in the sky!!!

The King Is Coming!!!

Website: www.facebook.com/profile.php?id=667676418&ref=profile

We liquidated all of our mutual funds, IRA's, land last year. Now we still have a mortgage for another 7-9 yrs and work has really declined for hubby so we are suplimenting with our savings. Hoping to be our mansion on Sunday or at least soon!!