Problems with the Dow

Why the Dow will end up plunging to 7,000

There are too many financial risks on the horizon that are being dismissed

By Douglas A. McIntyre
24/7 Wall St.
One theory of economics says that any market can return to a point where it has been in the past. The Great Recession was, by some measures as bad as the Great Depression. Unemployment was 3.6 percent in November 1966. It was at 4 percent in December 1999. There is no precedent for zero unemployment, but those two periods came close.

Recent movements in the stock market could repeat themselves as the economy lurches toward another recession. The DJIA fell to just below 6,630 on March 2, 2009. Back in October 2007, 17 months earlier, it briefly traded above 14,000. What happened? The most frequent answer is the recession that lasted from December 2007 until June 2009, a period determined by the National Bureau of Economic Research, caused the collapse. The recession lasted 18 months, which made it the longest of any downturn since World War II.

The DJIA could drop below 7,000 again before the middle of next year, down from 12,000 where it trades now. The market fell over 50 percent last 2008 and 2009. A correction to 7,000 this time would be 42 percent.

to read more, go to: http://www.msnbc.msn.com/id/43564461/ns/business-stocks_and_economy/

 

June 26-July 2

Overall Color for the Week:    Dark Amber

This week will bring a lot of emotion on all levels.  Much will be happening, and there will be ups and downs in everything.  It is important, therefore not to react hastily or especially not to overreact as things can shift and change in no time, and what may have been appropriate at one moment is no longer so a few minutes later.  Nonetheless, there will be shifts and changes in relationships.  These can be somewhat traumatic.  You will find that words meant to comfort have the opposite effect.  Stay centered and grounded.  Take your time in alll that you do, and listen to your intuition. Also, with the shifting and churning of dimensions, the veils become thinner and thinner.  You may be startled by things that shift into your view and then disappear.  This is the way of the current energies.  It is a good time just to be the observer.  ANd the listener for Freudian slips will become more and more common.  It is important that you be able to discern what is real from what just seems to be so. Continue reading

IPSO Predicts Large Extinction of Marine Life

Solutions

MULTIPLE OCEAN STRESSES THREATEN “GLOBALLY SIGNIFICANT” MARINE EXTINCTION

A high-level international workshop convened by IPSO met at the University of Oxford earlier this year. It was the first inter-disciplinary international meeting of marine scientists of its kind and was designed to consider the cumulative impact of multiple stressors on the ocean, including warming, acidification, and overfishing.

The 3 day workshop, co-sponsored by the International Union for Conservation of Nature (IUCN), looked at the latest science across different disciplines.

The 27 participants from 18 organisations in 6 countries produced a grave assessment of current threats — and a stark conclusion about future risks to marine and human life if the current trajectory of damage continues: that the world’s ocean is at high risk of entering a phase of extinction of marine species unprecedented in human history.

to read more, go to:    http://www.stateoftheocean.org/ipso-2011-workshop-summary.cfm

 

Revised Solar Flare Arrival Date

fr/spaceweather.com

CME FORECAST, REVISED: A CME propelled toward Earth by the “solstice solar flare” of June 21st may be moving slower than originally thought. Analysts at the GSFC Space Weather Lab have downgraded the cloud’s probable speed from 800 km/s to 650 km/s. Impact is now expected on June 24th at 0700 UT plus or minus 7 hours. In this animated forecast model, the yellow dot is Earth:

A slower CME should deliver a weaker blow to Earth’s magnetic field. Forecasters now predict a relatively mild G1-class (Kp=5) geomagnetic storm when the cloud arrives. High-latitude sky watchers should be alert for auroras during the early hours of June 24. The season favors observers in the southern hemisphere where solstice skies are winter-dark

 

New Solar Flare

INCOMING: Magnetic fields above sunspot complex 1236 erupted during the early hours of June 21st, producing a C7-class solar flare and a full-halo CME. The expanding cloud appears to be heading almost directly toward Earth:

This does not appear to be an especially powerful CME. Nevertheless, the incoming cloud could trigger polar geomagnetic storms when it reaches Earth on or about June 23rd. The aurora outlook favors southern hemisphere observers, where solstice skies are winter-dark. Stay tuned for updates.

fr/spaceweather.com

 

Connection-Lunar Eclipse, Earthquakes. Volcanoe

 

Total Lunar Eclipse – Earthquakes and Volcanoes That Follow

By Mitch Battros – Earth Changes Media
Jun 20, 2011 – 11:16:45 AM

 

What I am about to tell you should be considered ‘conjecture’ until adopted and established by the majority of world scientists; however what I will layout below is pure unabated ‘fact’. As many of you know, I am a researcher and author whom among other items, study the science-of-cycles. What I see coming based on this science is worthy of announcement.

 

This is not a warning of imminent danger, but rather a ‘tap on the shoulder’ to be aware of the possible consequences of June 15th total lunar eclipse. There is a noticeable cycle of escalation in earthquake and volcanic activity within two weeks prior and/or two weeks after a full lunar eclipse.

to read more, go to:    http://www.earthchangesmedia.com/publish/article-9162531044.php

 

 

Heatwave Building In West

First heatwave of Summer strikes Southwest, monsoonal moisture seen in the long range

Published on June 20, 2011 11:25 pm PT
– By Kevin Martin – Senior Meteorologist – Article Editor and Approved – Warren Miller

(TheWeatherSpace.com) — A heatwave is building out in the Southwestern part of the country and this will be followed by the start of the monsoonal moisture chances.
It is the beginning of Summer and with that comes a High Heat Warning issued at the Southern California Weather Authority. A ridge of high pressure will be parked overhead for the better part of this week.

to read more, go to:    http://www.theweatherspace.com/news/TWS-06_21_2011_heatmoisture.html

 

Implications of Solar Predictions

Solar predictions bring heat and light

by Richard Black, Environment Correspondent
Sun observed by the Soho satelliteThe Sun appears to be calming but that does not necessarily mean cooling on Earth

Over the last few years, the politics of climate change have been amply forged in the fires of a changeable Sun.

And the story is here again, in the form of research unveiled this week at a meeting of the American Astronomical Society (AAS) Solar Physics Division in Las Cruces, New Mexico.

The solar science, described graphically in a Discover Magazine post – “an east/west river of gas” which “flows under the surface of the Sun” that can’t be seen directly but which is inferred from “sound waves that travel from it to the surface” – is fascinating.

And what it suggests is that the Sun appears set to quieten further over the next solar cycle than it already has – with lower sunspot activity, and perhaps marginally lower energy output.

But as to the implications on Earth – well, for anyone who’s followed this story for a while, they’re very familiar, and the telling of them is laced with equally familiar political overtones.

to read more, go to:   http://www.bbc.co.uk/news/science-environment-13792479