Wednesday, February 28, 2007 – www.divinecosmos.com
[Updated 2/29/07, 5/11/15 (New paragraph spacings and headlines, and a few sentences for clarity.)]
Just two days ago, ‘Titanic’ director James Cameron sent shockwaves around the world when he revealed “scientific proof” that Jesus was married to Mary Magdalene and they had at least one child named Judah.
Is there a hidden connection betwen this event and the massive economic collapse that happened the very next day?
This was the biggest economic disaster to have happened in over five years — since the supposed ‘inside job’ of 9/11.
Coincidence? You decide.
CLICK HERE FOR THE REVEALING: ENDGAME OF THE NEW WORLD ORDER, PART I
JAMES CAMERON TRIES TO REVEAL JESUS’ DNA — STEPPING STONES TO “ILLUMINATI” BLOODLINE
As we saw in Part I, noted director James Cameron held a conference where he claimed to have the coffin of Jesus, complete with DNA-testable dust inside.
This could have been used to convince people that a group calling themselves the Illuminati are, in fact, Jesus’ direct descendants.
The movie Da Vinci Code set this up in a very mainstream, accessible fashion.
Synchronistically, the top Illuminati whistleblower Svali resurfaced in a prominent article almost simultaneously as this happened.
What most people may not realize is that Cameron’s conference could very well have been be an “endgame” maneuver of the so-called New World Order or Illuminati.
They may be hoping to set the stage for a ‘bloodless surrender’ of humanity to their rule – physically AND spiritually.
THE WORST ECONOMIC COLLAPSE SINCE 9/11 HAPPENED THE VERY NEXT DAY
The very next day after the conference, a massive financial collapse took place – the worst since the 9/11 attacks. (See the article’s end for reference.)
Over half a trillion dollars of wealth was cashed out from the markets in a single day.
This provides staggering proof that our initial hypothesis was correct.
It is a hypothesis based on extensive first-hand testimony from former Illuminati members, including ‘Svali’, Leo Zagami and others.
What exactly was the hypothesis, you ask?
Namely that the announcement of Jesus’ Tomb was the beginning of a well-orchestrated plan, called “The Revealing,” in which this shadowy group comes out of hiding to unveil their identity to the world.
This plan begins with a deliberate, engineered collapse of our global economy, “intended to make the Great Depression look like a Sunday school picnic” by comparison.
Soften up the ‘sheep,’ leave them pliable and weeping for rescue, then introduce yourselves as God’s direct descendants and the Saviors of Humanity.
DID THE INSIDER GROUPS GET THE “SELL SIGNAL” ONCE THIS CONFERENCE WAS HELD?
Once the greater body of Illuminati members and other well-informed insiders, such as China’s financial elite, saw this press conference happen, they may have realized that This Is It.
An inner Pavlovian bell rang like a gong in their minds, as they knew the Endgame sequence of the New World Order was now officially underway.
If so, then the massive sell-off we just witnessed may be the result of these insiders panicking and pulling their money out – 632 BILLION dollars’ worth, in one day.
They may have been hoping to cash out before this orchestrated financial collapse formally starts.
It could have been a knee-jerk reaction of simple greed and fear, on a scale most of us could never conceive of.
Or, they could also have been trying to deliberately create the conditions whereby this plan coudl be fulfilled.
AN AMAZINGLY WELL-KEPT SECRET
“Wait a minute,” you say. “If Cameron’s conference was an inside job, why didn’t the OTHER insiders know about it in advance?”
The answer is simple: extremely high security, on a strict need-to-know basis — and VERY few people needed to know precisely WHEN this was going to be done.
That way it is far less likely to be leaked in advance, such as by disgruntled members of the group, who are now more and more becoming ‘whistleblowers’ and spilling the beans.
Cameron’s announcement of Jesus’ Tomb was an amazingly well-kept secret.
Not one person involved in the making of the film, the book or any stage of the production process ever leaked a word about it to the press.
In today’s world, with all the cast and crew involved in such a production, this is almost unimaginable.
HOW COULD THIS HAVE BEEN DONE?
I have already discussed it with a couple of my Hollywood associates, who I am working with on a film that will spread the truth entitled CONVERGENCE.
They cannot understand how this possibly could have been accomplished.
This is even more unlikely since the film is a substantial attack against conventional Western religious thought, just like 9/11 was an attack against conventional American society.
WHAT COULD BE THE NEXT STAGE OF THE PLAN?
What might be next?
As we said Monday in Part I, a haphazard US-Israeli strike against Iran, possibly in response to a fake ‘terrorist’ provocation, might be the final trigger for this orchestrated economic disaster.
It is widely believed that an attack on Iran would drive gasoline prices to 5 dollars a gallon or more.
NOT SO FAST…
However, there are two problems.
First of all, we saw that up to five different top generals in the US military told the British mainstream media they will resign, spontaneously, if they were handed orders to attack Iran.
They know it’s a suicide move and cannot justify such a radically stupid decision.
DON’T FORGET COMPLEX ADAPTIVE SYSTEMS
Secondly, as we said on Monday, new advances in Chaos and Complexity Theory reveal that our global economy is, in fact, a “Complex Adaptive System.”
This means that it CANNOT collapse, beyond a minimal, short-term degree that would be insufficient to fulfill the New World Order plan.
When you drive a Complex Adaptive System into a peak moment of instability, it spontaneously re-arranges into a higher level of order.
This might sound like Ordo Ab Chao (“Order out of Chaos”, a central Illuminist belief we discuss below) in action.
However, with the benefit of supercomputer technology, the ancient wisdom has a surprising new twist – namely that the outcome CANNOT be predicted in advance.
Any one member of that system could become a key focal-point for the new, higher-level structure. The changes are often system-wide in scope.
THE HUMBLE SAND PILE BECOMES A LABORATORY FOR EXOTIC PHYSICS
Though it sounds crazy, scientists have actually run supercomputer simulations of a pile of sand as it forms.
They calculate the position of each particle, where it is likely to move next, and how fast it will move there.
As the system becomes more and more unstable, suddenly ALL the particles mysteriously merge into a whole.
They are no longer separate grains of sand — they are One.
After this (ahem) CONVERGENCE happens, there is no possible way that the computer can predict the position, direction or speed of movement for ANY one particle.
All they DO know is that a little avalanche happens, and the sand-pile RE-ARRANGES itself, spontaneously, into a higher level of order.
The ENTIRE SYSTEM transforms into something more organized, more advanced.
The system behaves like a living organism, and it learns from its own past.
Think 2012… and you might not be as crazy as your friends, family, neighbors, colleagues and pets would believe.
You might just be seeing the ultimate Strange Attractor — a Chaos Theory term — that is coming, in Time.
And remember… ANY MEMBER of that system might become SINGULARLY PIVOTAL in the way it reforms.
[That means YOU.]
GLOBAL ECONOMIC COLLAPSE IS A FANTASY NOT BACKED BY SCIENTIFIC EVIDENCE
The sand-pile setup is a very simple example of something that is far vaster in scope — particularly when dealing with global economics.
There has NEVER been a global economic collapse.
Now we now know it is simply not possible. There will never be more than a little avalanche ‘hiccup’ that will pave the way to a newer, stronger, healthier system.
Part Three of this article, which may be ready tomorrow, will focus even more on Hope.
The email response to Part I has been overwhelming. And we thank you.
At the same time, everyone is asking “What now? Where do we go from here? How does knowing all this not just turn into a bottomless pit of worry, fear and anger?”
As we move forward, we will provide compelling scientific evidence that all is not lost.
These events are in fact positive, because it will ultimately unify our planet and trigger a global awakening.
THE EYE IS FALLING! THE EYE IS FALLING!
If you want the proof that the New World Order is falling apart as we speak, look at what is happening to all their major sources of revenue.
Insider testimony reveals they have infiltrated a variety of industries to control our society while profiting off of it at the same time:
* The newspaper industry is in terminal decay.
In the old days you put moles in the papers, threatened and blackmailed senior management not to release damaging stories, and kept ‘spin control’ in place.
Now we know that one of the newspapers’ top revenue sources was the classified ads, and there has been a massive migration to the all-free Craigslist service.
* The book-publishing industry, as I just found out in a meeting I had yesterday, is in very serious trouble.
One of the largest distributing companies is going belly-up, and the blowback to publishers will amount to a serious revenue hit — at least 10 percent less profit on every sale, in the immeidate future.
Purchases at bookstores are way, way down, as everyone is now predominantly ordering online at sites like Amazon.
The dreck of corporate fatcat publishers is being outsold by smaller companies producing enlightening new products.
* Broadcast television is losing viewers, and advertising revenue, at a horrifying speed.
By not discussing it in the media very much, they are hoping not to accelerate the problem.
They have to convince their advertisers that it is still a worthwhile investment, even as TiVo and DVD usage is increasingly eliminating commercials from most people’s daily media diet.
* The Hollywood film industry is collapsing, forcing it to release far fewer big-budget features than in the past.
Indie films like “What the Bleep” and “The Secret” are becoming runaway hits because they talk about concepts the mainstream doesn’t want people knowing — the old-school metaphysical truism that “you create your own reality”.
Illuminati-funded hyperviolent movies, with no uplifting or spiritually nourishing content, are falling on their faces left and right.
People simply do not want to see something that will not make them feel good.
* The music industry has become a pathetic parody of its heyday in the 70s and early 80s.
CD sales are plummeting to abysmal new lows, and revenues are being utterly destroyed by illegal downloading.
* Britney Spears: Hundreds of millions of dollars had been invested into Britney Spears to make her into the next Madonna.
Unless she has a miraculous rehabilitation, that investment has now been totally compromised. This is not unlike:
* Tom Cruise: Even greater funds were invested into Tom Cruise by the movie industry than into Britney.
Tom’s reputation was permanently destroyed by his Scientology-oriented stunts.
Sumner Redstone, the head of one of the great Family media companies, personally fired Cruise himself.
[Cruise was brought out at the Oscars and did nothing to poke fun at himself — an apologetic attempt to regain some respect.]
* The Iraq war has been a disaster, compared to what was expected to happen.
No substantial oil has been pulled out. The pipelines keep getting blown up by the resistance. Its only value now is as a strategic Middle East base.
* The pharmaceutical industry is horrified that people are starting to get healthier.
They are eating more organics, and less artery-clogging fast-food garbage thanks to best-selling documentaries like Super Size Me.
They are doing less cigarette smoking, which is considered “voluntary population control” to Illuminati members.
They are increasingly switching over to alternative and homeopathic remedies rather than good-old high-dollar prescription meds.
* The soda-pop industry products consumed HALF of the entire warehouse storage area when I had a soda merchandising job at a conventional grocery store back in 1998.
Coca-Cola is a MAJOR ‘Family’ business.
Now they’re desperately spending hundreds of millions on nifty Super Bowl commercials in a last-minute ploy to seduce people away from spritzers, teas, juices and just plain bottled water.
Each of which are being sold by tons of different companies, most of which are NOT ‘Family’ owned.
[5/11/15: This is one area where the big corporations rebounded and covertly worked their way into these so-called “organic” products in certain cases.]
* The pornography industry has become totally democratized thanks to the Internet, vastly reducing the revenues that were possible when insiders secretly pulled the strings from the top.
Now private companies are diverting large portions of the revenue.
* The illegal drug industry is getting crippled by more and more people getting sober, thanks to sites like Perez Hilton making a mockery out of celebrities’ addictions, pointing out how horribly destructive they are.
Perez is allegedly a recovering meth addict himself.
Drug-related deaths like Anna Nicole Smith, and freak-outs like Britney’s head-shaving episode, further inspire people to sober up.
* The auto industry can no longer push increasingly obese Americans to drive increasingly obese vehicles, with increasingly thirsty gas tanks.
Toyota and Honda are the top manufacturers, and they are NOT ‘Family’ owned companies.
Hybrid vehicles are the hottest new thing in town. Auto companies that ARE ‘Family’ owned are on the brink of total bankruptcy.
* Attacking Iran is like a heroin junkie trying to get one last fix — and there is nowhere near enough military power to pull it off.
The men most knowledgeable about this fact — the military generals — are refusing to fight because they know it’s impossible to succeed.
THEY ARE IN FREE-FALL
All of these are industries that the New World Order has infiltrated in their attempts to rule the world, and reap fantastic profits — and they are all in free-fall.
The advent of free online video upload/download services like YouTube is as revolutionary a change as the dawning of the Internet itself.
You can hear the screaming of the Old World Order’s media industries as they bleed money, frantically gasping for breath, paddling like crazy and trying not to drown.
THEY DON’T WANT YOU TO REALIZE THAT THIS IS A GOOD THING
Simultaneously, they have to complain in a way that doesn’t tip you off to what’s really going on — namely that this is all a GOOD thing.
Our economy, as a Complex Adaptive System, will quickly heal into a much better organism once we ‘detox’ and shed these centralized corporate industries in favor of a more genuinely competitive marketplace.
Notice also the high-profile lawsuits from old-media companies against runaway one-man success stories like Perez Hilton.com.
[I do not support the bashing and name-calling behavior at all, I must say.] The devil is in the details — and you find the truth buried in the legalese:
The Perez Hilton site, which each of three lawsuits want completely removed, is getting upwards of five million unique visitors a day, at times.
This is two million more than the number of people watching the top corporate news broadcasts on television.
What they don’t realize is that there are hundreds of others waiting to take its place if one falls:
FIFTEEN MILLION HITS A DAY ON DRUDGE
The Drudge Report is hated even more.
By himself, one man is now earning fifteen million hits a day on his news website.
This vastly outnumbers any other media source on the planet, and would have been completely impossible before the internet era.
Matt Drudge is definitely not under New World Order control.
I have seen reliable insider reports on TBRNews.org about how much they hate his guts.
BRICK HOUSES
We can look behind the scenes and really understand what is going on here.
This is much better than curling up in baseless animal fear and thinking the Big Bad Wolf is going to blow our houses down.
It’s precisely the opposite.
I am very surprised that hardly any of the government-conspiracy writers are seeing the obvious.
They still act like we’re in real danger, and at this point that’s just silly.
WE DO NOT WANT TO WORSHIP THEM WITH FEAR
Furthermore, giving the Illuminati your fear and obsessive focus — “Sound the Alarm! Write Letters! March in the Streets! The Sky is Falling! The Sky is Falling!” — is a very real form of worship.
This is why I do not read their words much anymore.
They are so dissociated from seeing how close the Illuminati game is to falling apart that they have, in effect, become Cheerleaders of Fear rather than Liberators of Truth.
MANY DREAMS REVEALING WHAT IS HEADING OUR WAY
I have been having dreams, showing me how the whole thing is going down, for years now.
I was waiting until the proper moment to start discussing it, and now is the time.
On a spiritual level, I have been shown that negative entities use fear to sustain themselves like we use food, water and sunlight.
Without it, they quickly go hungry, and lose power.
That is part of why Steven Colbert’s blatant lampooning of Bush at the White House Correspondent’s Dinner, and later O’Reilly, right on his home turf, was so masterful.
Each of these episodes of genius can now be seen on YouTube:
2nd half of Colbert at White House Dinner:
http://www.youtube.com/watch?v=VDDtpJKYKJ4
Colbert on The O’Reilly Factor:
http://www.youtube.com/watch?v=0Gfj9ao926Y&NR O’Reilly on the Colbert Report:
http://www.rawstory.com/news/2007/Video_Colbert_meets_OReilly_0118.html
The insiders are constantly, pathetically attacking these videos and trying to get them pulled down, so any links I give you may not last.
However, there are so many copies around that they can’t stop them all, so just do a search and you’ll find gold.
NEW SCIENTIFIC BREAKTHROUGHS ABOUT JESUS AND ‘ASCENSION‘
Furthermore, as we head into future updates in the days ahead, we’re going to show you some stunning, never-before-seen scientific breakthroughs.
We now have new evidence — far more documented and rigorous than Cameron’s research — revealing that the Shroud of Turin is no fraud.
It appears that the body of the man Jesus actually DID spontaneously release a massive electrostatic discharge across its entire surface.
This left a photographic-negative imprint in the Shroud of Turin.
What we see here is a negative of the original shroud. Photography wasn’t even invented until the late 1800s, yet this followed the rules perfectly.
ONE-TENTH THE THICKNESS OF A HUMAN HAIR
This image was burned into the Shroud, on a film less than one tenth as thick as a human hair.
It contains all the information for a full three-dimensional holographic reconstruction of Jesus’ head, as we see below.
This is completely impossible by any known method of forgery — or by any other natural process we know of.
THE SKEPTICS’ FAVORITE CARBON DATING ARGUMENT HAS BEEN DEBUNKED
The age of the shroud was supposedly set to 1290-1360 AD by three different carbon-dating teams in 1988.
However, in the last three years that date has been completely debunked by reputable members of the scientific community.
The parts that were carbon-dated were not from the original. They were from the part that was restored in the late 1200s!
Astonishing new evidence for the crucifixion and light-body transformation of a human body at the dawn of the First Millennium, in precise accordance with Biblical accounts of Jesus and recent archeological discoveries, has emerged.
GRAB YOUR REYNOLDS WRAP…
In case you didn’t read Part One, you’re probably at least scratching your head at this point, if not thinking that I’m a “total wack job.”
Grab your Reynolds Wrap and let me show you where to fold — because you’re about to go down the rabbit hole, my friend, and you’d better wear your hat.
If you are saying to yourself, “How could the announcement of Jesus’ Tomb possibly set the stage for a ‘bloodless surrender’ to the New World Order”, then you’re on the right track.
Without seeing all the information – as I laid out in Part I, before the economic collapse on Black Tuesday had occurred – you should be skeptical.
I highly recommend you read Part I, since it is filled to the bursting-point with links and documentation.
THE NEW WORLD ORDER MEMBERS BELIEVE THEY ARE JESUS’ DESCENDANTS
As I wrote before, and will now again summarize, the members of the New World Order likely believe themselves to be the blood descendants of Jesus.
They feel they have the documents to prove it.
Thanks to Cameron’s disclosure, they may now also have the DNA evidence from Jesus’ tomb that they can compare against their own blood and ‘prove’ their connection.
[Of course, just like the faked story of WMDs in Iraq, this “Jesus Dust” could well be a fraud, deliberately planted from a corpse of a common ancestor of theirs.
Given how this group operates, that might even be MORE likely than that it is actually genuine dust from the remains of Jesus.]
CHECK OUT THE SYMBOLISM FROM THIS DA VINCI CODE POSTER
If you haven’t seen this before, you may be pretty surprised:
Cast in this light, the Da Vinci Code book and movie could well be a vital instrument to prepare the public for this eventual ‘Revealing’ that insiders have said is being planned.
At the end of the Da Vinci Code film, we discover that beloved actress Audrey Tautou is one of Jesus’ descendants.
Now did you happen to notice the reflection on her eye in the image above?
Or are you just another one of the ‘sheep,’ the slumbering masses, who missed the Triangle of Light that surrounds it?
Hm… the Eye in a Triangle. Isn’t that the ultimate symbol of the Illuminati, as a representation of the All-Seeing Eye of Horus?
HOW WOULD “THE AVERAGE PERSON” REACT?
How would most people react if they discovered that these great-great-grandchildren of Jesus were already the most powerful people in the world?
What if they had been keeping their secret all this time, allegedly to escape persecution from Christians?
The Illuminati may well be banking on the fact (pun intended,) that we will instinctively gravitate towards them for guidance and support.
They feel this plan will work much better if we are in the midst of an absolute hellstorm that they have artificially created first.
However, Complex Adaptive Systems discoveries prove that a global economic collapse cannot happen — at least not for very long.
THEY CAN’T HELP BUT TELL US WHAT THEY’RE DOING
Furthermore, part of their weakness is that they can’t help but drop these tasty little hints of what they’re really up to, hiding it right out in broad daylight.
They are so convinced that you are too dumb, or scared, to figure it out that they put it right in front of your face.
Putting a triangle of light around the character Sophie’s eye is such a blatant telegraphing of what they intend to reveal that it’s like a child who can’t keep a secret.
He tells you the truth while holding his hand over his mouth, as if you won’t hear it — but he just can’t resist.
DO A LITTLE PHOTOSHOP CURVES ADJUSTMENT AND SEE THE HIDDEN SHADOW FACE
Furthermore, go into Photoshop, in Images / Adjustments / Curves, and tweak the movie poster until you can comfortably see Audrey’s hair.
Then you discover that both of her eyes are beaming with light.
This is the “Enlightenment” of the “Illuminati,” or “Illumined Ones”.
This light is projecting upwards, meaning that it is on a rising, higher level:
And if you really have your tinfoil hat on good and strong, you might notice a subliminal face in the smoke cloud to the far left.
This looks curiously similar to the eye socket, nose and cheekbone of Jesus in the Shroud of Turin — only more menacing and demonic in appearance.
Notice this face also has two rays coming from its eyes.
In this case the rays are beams of smoke pointing downwards, suggesting that it is on a declining, lower level.
WHAT COULD THIS SMOKY FACE REPRESENT?
This could be the “demon” of Christianity that the Illuminati feel they are leaving “in the dust,” or the smoke in this case.
They may hope that the trend they started with the Da Vinci Code film has now been followed up with the kill-shot — Cameron’s Tomb of Jesus.
Remember — Cameron isn’t just any Hollywood guy. He’s the director of the top-grossing film of all time — Titanic — and many other timeless classics as well.
How could the Illuminati have possibly picked anybody better than that for a massive publicity campaign?
TRASH THE ECONOMY AND DELIVER THE FINAL MESSAGE
The only steps that remain in the plan now are to trash the economy. Then they can whip out the DNA evidence from the “Jesus Dust,” linking them to the ancient bloodline.
Add water, mix and voila — you got yourself a Royal Bloody Mary.
A toast to the New World Order!
Oh wait, let me cash out a half trillion dollars from the stock market first, before we finish the job.
I wouldn’t want to lose any of my precious dough that I knead to survive.
But no, I’m just being paranoid.
They would never put a creepy subliminal image in a photograph and try to play with our minds like that!
Forget I even mentioned it.
ORDER OUT OF CHAOS
One of “Family’s” deepest spiritual beliefs is in the principle of Ordo Ab Chao, or “Order out of Chaos”.
The idea is that they fund both sides of a war or conflict, let them go at it and create chaos.
Then, regardless of who wins the battle, they are still on the winning side.
In the process, humanity evolves into a greater level of Order.
The masses never realize that the whole conflict was a sham.
Those at the very top of the conspiracy treat human life as a completely disposable commodity, to further their own political ambitions.
PEOPLE DON’T WANT TO SEE THE TRUTH
The reason why so many people cannot grasp the fact that “9/11 Was an Inside Job” is that it is simply too sickening and terrifying for them to contemplate evil on such a grand scale.
That is precisely why the game has worked for so long.
By educating yourself, taking it all in even though it hurts and may cause fear, you are throwing light on the darkness.
Fear thrives on this darkness to survive. In the presence of light, the shadows cannot persist, and the power base of this group will crumble.
THE HEALING IS ALREADY HAPPENING AT AN INCREDIBLE SPEED
This is already happening at an explosive pace, as I partially documented above. I believe we will only further see this continue.
Sources of spiritual guidance I highly trust – including the Bible itself – are unanimous in stating that these plans for world domination will not succeed.
The physical evidence is validating the prophecies with astonishing clarity.
In future updates that will be arriving early next week, we will go into a more detailed examination of the scientific reasons for why I feel we have nothing to fear.
In the new consciousness that is coming in, with 2012 as a seeming focal point, we are seeing that there are no longer just two sides that the Illuminati can penetrate and control, so they win either way…
You are a side! And so is everyone else.
ONCE WE SEE IT FOR WHAT IT IS, THE SPELL IS BROKEN
This is not a dangerous situation. As soon as we learn from it, the whole problem crumbles to dust.
If you can see it now, and free yourself from fear, you are not lucky — you are simply being perceptive, and seeing Truth.
You may be quite surprised at how the scientific case continues to unfold, and become even MORE fascinating as we go on.
You will also see how events like the death of Anna Nicole, and Britney’s meltdown, are all related to the awakening that is now happening in humanity.
A PROPHETIC GLIMPSE OF THE FUTURE
We will also examine a remarkable synchronicity that popped up on Drudge Report the same day the markets collapsed, which may be a prophetic glimpse at how it will all work out.
And no, I’m not talking about Bin Laden miraculously resurrecting after his death of kidney failure in December 2003 to establish new training camps.
Nor am I talking about Cheney almost getting blown up the one and only time he visited the war zone in Iraq.
VOTE WITH YOUR WALLET
You want to help stop the madness? One way is to vote with your wallet.
Go back to the list of Family’s money-makers and don’t do business with them whenever ‘indie’ options are available.
[I don’t believe in stealing MP3s and videos either, mind you. We need to support new artists and talent.]
Call it peaceful non-compliance — or simply passing off on your own glass of Royal Bloody Mary.
TO BE CONTINUED…
CLICK HERE FOR PART THREE: THE MARS BLOODLINE
Click Here to read letters and download website banners so you can help spread the word!
REFERENCE MATERIAL:
http://apnews.myway.com/article/20070228/D8NID2980.html
Stocks Have Worst Day Since 9/11 Attacks
Feb 27, 7:46 PM (ET)
By MADLEN READ
NEW YORK (AP) – Stocks had their worst day of trading since the Sept. 11, 2001, terrorist attacks Tuesday, hurtling the Dow Jones industrials down more than 400 points on a worldwide tide of concern that the U.S. and Chinese economies are stumbling and that share prices have become overinflated.
The steepness of the market’s drop, as well as its global breadth, signaled a possible correction after a long period of stable and steadily rising stock markets that had not been shaken by such a volatile day of trading in several years.
A 9 percent slide in Chinese stocks, which came a day after investors sent Shanghai’s benchmark index to a record high close, set the tone for U.S. trading.
The Dow began the day falling sharply, and the decline accelerated throughout the course of the session before stocks took a huge plunge in late afternoon as computer-driven sell programs kicked in, and also as a computer glitch caused a delay in the recording of a large number of trades.
The Dow fell 546.02, or 4.3 percent, to 12,086.06 before recovering some ground in the last hour of trading to close down 416.02, or 3.29 percent, at 12,216.24, leaving it in negative territory for the year.
Because the worst of the plunge took place after 2:30 p.m., the New York Stock Exchange’s trading limits, designed to halt such precipitous moves, were not activated.
The drop hit every sector across the market, and a total of $632 billion was lost in total in U.S. stocks on Tuesday, according to Standard & Poor’s Corp.
Riskier issues such as small-cap and technology stocks suffered some of the biggest declines, but big industrial companies, those that are often hurt the most in an economic downturn, also were pummeled, with raw materials producers among the hardest hit.
Real-Time Video of Markets in Free-Fall Collapse:
![DECLAS: Social Media Nukes An Entire Generation… But Why? [Free Ebook!]](https://divinecosmos.com/wp-content/uploads/2019/06/DECLAS_TT-150x150.jpg)
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