Posted by Steven Benjamin on June 26, 2009, 10:35 pm, in reply to "Happy Sabbath"
I am told to note to you that on June 12, 2009, a Dow Jones News Article made the following statment(s):
US Wheat Outlook: Seen Down On Outside Mkts, World Supply
Fri, Jun 12 2009, 13:26 GMT
http://www.djnewswires.com/eu/
US Wheat Outlook: Seen Down On Outside Mkts, World Supply
By Tom Polansek
Of DOW JONES NEWSWIRES
CHICAGO (Dow Jones)--U.S. wheat futures are expected to start lower Friday on pressure from outside markets, advancing harvest activity and bearishness about comfortable world supply levels.
Chicago Board of Trade July wheat is called to open 7 to 10 cents per bushel lower. In overnight electronic trading, CBOT July wheat sank 10 1/4 cents to $5.84 1/2.
Strength in the U.S. dollar and weakness in crude oil should weigh on the grains early, traders said. There could be some profit-taking in the grains as it is Friday and "people want to go to the bank," a CBOT floor analyst said.
Forecasts for expanding world wheat supplies are fundamentally bearish, analysts said. Wheat showed its weakness and "true colors" Thursday by sliding even though the dollar fell, he said. A lower dollar is usually seen as supportive for wheat.
"The key 'outside markets' were fully bullish for the wheat futures market Thursday, as the U.S. stock indexes were higher, the U.S. dollar was solidly lower and crude oil prices were solidly higher," a technical analyst said. "Yet, wheat could get no traction, which is a bearish clue."
PAY ATTENTION TO THESE STATMENTS IN PARTICULAR:
Forecasts for expanding world wheat supplies are fundamentally bearish, analysts said. Wheat showed its weakness and "true colors"
and as well this statment:
"Yet, wheat could get no traction, which is a bearish clue."
Two terms you want to be aware of in considering STOCK REPORTS, are "BULLISH" and "BEARISH"...
Bullish is good, postive, etc, Bearish, NOT GOOD.
Market trends are described as sustained movements in market prices over a period of time. The terms bull market and bear market describe upward and downward movements respectively and can be used to describe either the market as a whole or specific sectors and securities (stocks). The expressions "bullish" and "bearish" can also mean optimistic and pessimistic respectively ("bullish on gold," or "bearish on technology stocks", etc).
A bear market is a steady drop in the stock market over a period of time.[3] It is described as being accompanied by widespread pessimism. Investors anticipating further losses are often motivated to sell, with negative sentiment feeding on itself in a vicious circle.
[edit] Historic bear markets
The most famous bear market in history followed the Wall Street Crash of 1929 and erased 89% (from 386 to 40) of market capitalization by July 1932, marking the start of the Great Depression. After slowly regaining nearly 50% of its losses, a longer bear market from 1937 to 1942 occurred in which the market was again cut in half. A milder, low-level, long-term bear market occurred from about 1973 to 1982, encompassing the stagflation of U.S. economy, the 1970s energy crisis, and the high unemployment of the early 1980s.
[edit] Historic bear markets
The most famous bear market in history followed the Wall Street Crash of 1929 and erased 89% (from 386 to 40) of market capitalization by July 1932, marking the start of the Great Depression. After slowly regaining nearly 50% of its losses, a longer bear market from 1937 to 1942 occurred in which the market was again cut in half. A milder, low-level, long-term bear market occurred from about 1973 to 1982, encompassing the stagflation of U.S. economy, the 1970s energy crisis, and the high unemployment of the early 1980s.
http://en.wikipedia.org/wiki/Market_trends
I am reminded to remind you, that now, here, in this timeframe, we witness with no uncertainty a "NEW TUNE" being sung by the "experts" of this world and thier "Forecasts."
You may recall just months ago, the same experts were projecting the "LARGEST WHEAT HARVEST ON RECORD" to occur this year. Warnigns were given of the Spirit to certain "ADVICE FOR THE GROCERY LINES", while I am here, I note to you now, to MONITOR TURKEY PRODUCTS. I am told to warn you to be carefull of the meat. If you buy it, DATE IT, mark the locations you purchased it, times etc. And do not use it for a couple months. I do recommend stocking, but doing so in these guidelines. I have not been offered further details.
Of those who may be joining in, or those short on memory, I point to you that on this very board, when these "EXPERTS" made thier long range forecasts months ago, I was given task of the Spirit to note to you, they were wrong, and that they would "SING A NEW TUNE LATER."
In a post on this board just last month:
"...If Realized."
Posted by Steven Benjamin (wertq) on May 15, 2009, 12:23 am
. Those paying attention over the last year are more than aware of this, as I have warned repeatedly, we were in that brief relief, and that the second stage of that warning was upon us.
SO, what are the News media Saying now about this years WHEAT harvest? Well, they are saying no that it will be the LARGEST WHEAT HARVEST EVER, no, they are no longer saying that, what they are now saying is:
"5/12/2009 7:49:00 AM
WASDE: Wheat Supplies Down, Lower Production
Global wheat production for 2009/10 is projected at 657.6 million tons, down 4 percent from last year’s record, but still the second largest if realized. "
(link to article contained in original post)
http://members5.boardhost.com/mtcarmel/msg/1242365035.html
Months ago, when the "Experts" of this world were predicting the "LARGEST WHEAT CROP EVER ON RECORD" to be harvested this year, 2009, I was given task of the Spirit to call your attentions that they were wrong. In the post above last month, after having told you that they would "Sing a NEW TUNE LATER", I noted they were beginning to do just that, expressing doubts and still making predictions, but now for "THE SECOND LARGEST CROP ON RECORD"...to which I still was told to point to you would not be the case. And on JUNE 12, 2009, THEY DID SING A NEW TUNE. Even since there has been hail damage to THOUSANDS OF ACRES of crops. I pointed to you in recent months, that TWO CROPS alone, two staples if failed could Cause immediate famine, those crops...CORN, and WHEAT.
Guess which crops suffered so great losses in just the last two weeks? You got it.
As well, the state of Idaho has noted devastation to it's potato crops. You may recall my warning to stock on certain items, noting to you some could be "Buried" for long term storage.
For those in Los Angeles, I am not here TO ENTERTAIN YOU! Consider that, and consider if you are still in that city and have not begun to depart or make arrangements to the same, if you find yourself heeding these warnings too late, well, you have been told. I cannot emphasize to you enough to get out of that city, as in RELOCATE.
For the rest of you, those paying heed, thank you, and I ask again for your prayers for the righteous in that region. I urge again, as I am told to again note to a larger audience...
"THE BLOOD OF THE PROPHETS HAS COME UP BEFORE THE FACE OF THIS WORLD"
I urge you to "Watch and Pray."
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