October Market Crash Update!

I see many visitors coming to my blog from Google search due to the October Market Crash blog I posted awhile back.  I also know many who had previously read it return for details.  I am trying to keep track for my readers as well as my own personal use those who are joining the chorus saying we will have a crash this month. There are also Internet rumors circulating about upcoming bank holiday's.  I have yet to see a verifiable source in this regard though but if I spot one will update this story.


Added to the list of those predicting an October Stock Market Crash are Faber, Cellente, Rogers and Dent.


http://www.marketoracle.co.uk/Article13915.html


As they say follow the money and the money has been selling off at a rate of 30 to 1.  This below was from my original post on the subject ..

Enzio von Pfeil, CEO of EconomicClock.com told CNBC the Global stock markets could crash in October as the much hoped-for economic recovery fails to materialize he explains in the video below...

Could this be the reason our Foreign Embassies are stocking up on cash? 

Ten Signs that suggest an October Market Crash...

Click on each sign to learn more:

Sign #1: The consumer is down and out 
Sign #2: W-shaped recession 
Sign #3: The banks will lead us down again 
Sign #4: No positive catalysts on the horizon 
Sign #5: Earnings will disappoint 
Sign #6: The market is overbought 
Sign #7: An indiscriminate rally 
Sign #8: Light volume 
Sign #9: Short covering and money managers looking 

Sign #10: An eerie similarity

Oh and do not forget this ominous prediction.


http://www.marketoracle.co.uk/Article13915.html
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/2791861/RBS-issues-global-stock-and-credit-crash-alert.html
http://bluelori.blogspot.com/2009/08/october-market-crash.html
http://www.zerohedge.com/article/illustrative-purposes-only-time-review-jp-morgans-10b5-1-prism-plan-yet-another-sec-debacle