Quote:
Originally Posted by bearbear
I have a friend who worked as an algorithmic trader in wall street who is not really a believer. I showed him Cahn's video on Sid Roth and asked him what he thought about the dates. As we were doing a little research we came across this CNN article from September 29, 2008 :
http://money.cnn.com/2008/09/29/mark...rkets_newyork/
In the same article, it lists two dates as significant crashes of this century:
Sept. 29, 2008
"Stocks skidded Monday, with the Dow slumping nearly 778 points, in the biggest single-day point loss ever, after the House rejected the government's $700 billion bank bailout plan.
The day's loss knocked out approximately $1.2 trillion in market value, the first post-$1 trillion day ever, according to a drop in the Dow Jones Wilshire 5000, the broadest measure of the stock market."
and Sept 17, 2001
"The Dow Jones industrial average (INDU) lost 777.68, surpassing the 684.81 loss on Sept. 17, 2001"
So we looked up those two dates to see what they were on the Hebrew calendar.
Surely enough these two dates fell on Elul 29:
http://www.timeanddate.com/calendar/...th=9&year=2008
http://www.timeanddate.com/calendar/...th=9&year=2001
His jaw kind of dropped and he got really silent. |
Thanks Bear-bear,
Your friend might be interested in these dates/events. These are discussed in the book:
The Crash of 1901-1903, brought on by the struggles of E. H. Harriman, Jacob Schiff and J. P. Morgan to gain financial control of Northern Pacific Railroad often referred to as the 1901-1903 depression.
The Crash of 1916-1917, World War I
The Crash of 1930-1932, the Great Depression
The Crash of 1937-1938, The recession of the Great Depression
The Crash of 1973, the crash of multiple crises
The Crash of 2000-2001, the dot.com crash.
The Crash of 2007-2008, the Great Recession
I don't remember if all of these events happened on Elul 29 during the Shemitah year as clearly as 2001 and 2008, I don't think they did. But, there was definite overlap to some degree during the 7-year cycle which is key.
Deuteronomy 15:1-2
Debts Canceled Every Seven Years
15 “
At the end of every seven years you shall grant a release of debts. 2 And this is the form of the release: Every creditor who has lent anything to his neighbor shall release it; he shall not require it of his neighbor or his brother, because it is called the Lord’s release."
So this is what happened on Elul 29 (Sept 17, 2001) and (Sept. 29, 2008). When the stock markets crashed on these two dates, there was essentially a forced "release of debts". "At the end of every seven years" refers to the last day of the seventh year which is always Elul 29.
I did some research and discovered that the American League won the World Series in all but 4 years of the 7-year cycle of the Shemitah since 1916-17.
Nell