Stocks Breaking down … Wednesday’s action still makes me nervous,

explains Karen Finerman. I thought the action in the market was terrible,
says Gary Kaminsky. It doesn’t matter that the market rallied off the low.
Maybe we bounce on Thursday but the trend is lower. My sources tell me
institutions are taking risk off, Kaminksy adds. And it will stay that way at
least through the summer. They feel that this isn’t the end of the crisis in
Europe, it’s the beginning. I agree that the fundamental problems in Europe
are unchanged, adds Brian Kelly of Kanundrum. They still have a big debt
problem and almost zero growth. Big picture, I'm bearish and I added to my
short positions …

Dow Theorist Richard Russell: Sell Everything, You Won’t Recognize

America By The End Of The Year Business Insider | “Pul – leeze, get out
of stocks now, and I don’t give a damn whether you have paper losses
or paper profits!” Mortgage delinquencies, foreclosures break
records... State pensions becoming federal issue; Bail-out cost
potentially more than $1T...

SELL IN MAY AND GO AWAY!

Roubini: Japan Could Easily Be Next While Europe receives an inordinate

amount of attention for its current financial problems, and the U.S. has
long been a pariah, we feel that recently markets and investors may
have forgotten about Japan. Market Talk: Greek Finance Minister
Says Separation From EU May Be Considered, Greek Gov’t
Categorically Denies Germany’s Merkel Says Euro Is in Danger
German Chancellor Angela Markel, spooking investors on Wednesday
by saying the euro was in danger, urged speedy action to stop market
“extortion” and said the EU needed a process for “orderly” insolvency
of members. The Global Economy Is Now Out Of Control Yes this is
it! We have crossed the Rubicon and events in the world economy are
now likely to unfold in a totally uncontrollable fashion.

One of the latest letter writers to make noise on the Internet is the author/editor of Dow
Theory Letters, Richard Russell. He advises his followers to sell everything that is liquid
because “you won’t even recognize the country by the end of the year.”

'Major Crash' Likely, Russell Says - May 18 (Bloomberg) -- Investors should sell US stocks
because the market is at risk of a "major crash," Richard Russell, editor of the Dow Theory
Letters ... "If I read the stock market correctly, it's telling me that there is a surprise
ahead," Russell wrote. "And that surprise will be a reversal to the downside for the
economy, plus a collection of other troubles ahead." … The market started showing signs
of deterioration in early April, including a shrinking number of stocks reaching 52-week
highs and falling stocks outnumbering rising ones, he said. San Francisco Chronicle -
Richard Russell: sell Anything - Before It's News Dow Theorist Richard Russell: Sell
Everything Liquid, You Won't ... - Canada Free Press Richard Russell, the famous writer of
the Dow Theory Letters, has a chilling line in today’s note: Do your friends a favor. Tell
them to “batten down the hatches” because there’s a HARD RAIN coming. Tell them to get
out of debt and sell anything they can sell (and don’t need) in order to get liquid. Tell them
that Richard Russell says that by the end of this year they won’t recognize the country.
They’ll retort, “How the dickens does Russell know—who told him?” Tell them the stock
market told him… ‘

March 2009 Lows Will Be Tested: Strategist The stock markets’ March 2009 lows to be
tested and even broken as sovereign debt continues to grow in Europe and stimulus
measures wane, Philippe Gijsels, head of research at BNP Paribas Fortis global
markets, told CNBC.com Tuesday.

Ex-Bundesbank Chief Says Greece Will Never Repay Debt, Says Bailout All About
“Rescuing Banks And Rich Greeks” Zero Hedge | “It was about protecting German
banks, but especially the French banks, from debt write offs.”

You Are Being Lied To By The Entire Financial System Peter Santilli | Banksters will never
tell you the truth about our economic outlook

When your little game is over on May 18, 4:14 PM said: @Ricky:
… Unhinged: When Concrete Reality No Longer Matters to the Market We’ve allowed big
banks and affiliated institutions to simply concoct fake wealth out of thin air, and we have
legitimized and rewarded these concoctions with a massive transfer of real wealth to a
very small but powerful oligarchy through unregulated private bets backed by public
taxpayer money, stratospheric fees siphoned from transactions, predatory lending, and
private equity cannibalization of once-productive firms.

POST MORTEM AND REVIEW

A post mortem is in order. The elements of this worldwide con game are remarkably
simple, not complex at all. Apparently you only need a few things to make a mockery of
the entire global economic system, and big banks garnered these few important things
through “regulatory capture”:
1) Unregulated, unenforced rules (particularly for derivatives)
2) license to “mark to model” (assign your own values to your assets)
3) ability to peg present value to irrational expected future returns (based on unlimited,
exponential growth)
4) infinite leverage (no effective requirements for reserve capital in unregulated “shadow”
markets)
5) massive size, so that the bank is "too big to fail"
6) non-transparency and non-accountability.

This combined with the moral, social, personal, and cultural approval of maximizing profit
at any cost, incentivizes massive fraud and counterfeiting. How could this be otherwise,
given the premises?

This is a global depression. This is a secular bear market in a global depression. This is a
bull (s***) cycle in a secular bear market. This is a manipulated bubble as has preceded the
prior crashes with great regularity that the wall street frauds and insiders commission and
sell into. This is a typical wall street churn and earn pass the hot potato scam / fraud as in
prior crashes.
THE FORECASTS:
Harry Dent, Jr. Economy will be in a Depression by 2011
The worst of this next depression is likely to hit between mid-2010 and mid-2013,
especially around early 2011, but if the banking system continues to implode a deep
downturn or depression could begin sometime in 2009 instead of 2010.
Dow will Fall to 3,800 – 4,500 by 2012
Nasdaq will Fall Below 1,100, its 2002 low, by late 2010 or mid-2012 at the latest.
Inflation will Increase until mid- 2010 and then turn to Deflation
Interest Rates will Increase
U.S. Dollar will Decline
Housing will Decline by 40 – 60% from Today’s Levels
Greatest Economic and Banking Crisis since the 1930s will Occur Between 2010 and
2012
Russell Napier is the author of the book “Anatomy of the Bear”, a professor at the
Edinburgh Business School and a consultant to CLSA Ltd. which is one of the top
research houses in Asia. Napier’s research indicates (and I paraphrase) that: The
S&P 500 will Decline to 400 by 2014 (the Dow 30 to 3800)
The S&P 500 will then undergo a major crash that will see U.S. equity prices bottom
at almost 50% below current levels (i.e. to 400 or less; the Dow 30 to 3800 or less)
sometime around 2014 as Tobin’s “q” drops to 0.3 signaling the end of the bear
market, as it has done at the end of the four largest U.S. market declines in 1921,
1932, 1949 and 1982.
U.S. Treasury Sales Collapse Leading to End of U.S. Dollar as Reserve Currency
Robert R. Prechter Jr. is author of a number of newsletters and books including
“Elliott Wave Principle” (1978) in which he predicted the super bull market of the
1980s; “At the Crest of the Tidal Wave – A Forecast of the Great Bear Market” (1995)
in which he predicted a slow motion economic earthquake, brought about by a great
asset mania, that would register 11 on the financial Richter scale causing a collapse
of historic proportions; and “Conquer the Crash: You can Survive and Prosper in a
Deflationary Depression” (2002) in which he described the economic cataclysm that
we are just beginning to experience and advised how to position one’s self
financially during that period of time.
Depression is Imminent
The Dow Jones Industrial Average will go down to at least 1000, most likely to below
777 which was the starting point of its mania back in August 1982, and quite likely
drop below 400 at one or more times during the bear market.

(5-18-10) Dow 10,444 -67 Nasdaq 2298 -19 S&P 500 1,115 -6 [CLOSE- OIL
$69.87 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS
$2.85 (reg. gas in LAND OF FRUITS AND NUTS $3.08 REG./ $3.26 MID-
GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,193 [video] Gold
Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER
$18.13 (+47% for year 2009) PLATINUM $1,605 (+56% for year 2009) /
DOLLAR= .81 EURO, 91 YEN, .69 POUND STERLING, ETC. (How low
can you go - LOWER)/ 10 YR NOTE YIELD 3.36% …..… AP Business
Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly
Recap – Stocks / Bonds / Currencies - Domestic / International
MARKET MANIPULATION AND HOW THE LATEST BUBBLE-FRAUD
PRE-COMING CRASH IS BEING ACCOMPLISHED 3-11-10 6
Theories On Why the Stock Market Has Rallied 3-9-10 [archived
 website file] Risks Lurk for ETF Investors The bull market that
never was/were beyond wall street b.s. when measured in gold
Property Values Projected to Fall 12% in 2010 Jan 31, 2010 The
Week Ahead: Risk Is Off the Cliff; Unwind Has Begun Jan 31, 2010
01-13-10 Forecast for 2010 from Seeking Alpha Contributor THE
COMING MARKET CRASH / CORRECTION 1-28-10 Maierhofer
(01-15-10) 11 Clear Signs Economy Sinking Economic Black Hole 1-
22-10: 20 Reasons Why The U.S. Economy Is Dying And Is Simply Not
Going To Recover Current Economic / Fiscal Charts
Trendsresearch.com forecast for 2009 1-7-10 Crash is coming!
‘WORST ECONOMIC COLLAPSE EVER’ Must Read Economic /
Financial Data This Depression is just beginning The
coming depression… thecomingdepression.net MUST READ:
JEREMY GRANTHAM’S QUARTERLY UPDATE 25 January 2010 (850
on the S&P) by TPC The Next Wave of Collapse is Coming Sooner
than you think Sliding Back Into the Great Recession
ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS
WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!

Go to following pages for above links:

http://www.albertpeia.com/currentopics2ndqtr10108.htm
http://www.albertpeia.com/wallstreetlunacy2ndqtr10108.htm
http://www.albertpeia.com

http://www.albertpeia.com/alresume.htm

Feds Move to Throw Pot Smokers in Prison for Impaired Driving Kurt
Nimmo | Behavioral impairment is not the issue. Expanding the criminal
class is the issue. Pentagon, Police Stage Terror Attack Exercise in
Long Beach Kurt Nimmo | Soldiers and cops will brandish weapons and
terrorize residents with helicopters in fake terror attack exercise.

Tea Party leader Mark Williams says Muslims worship a 'monkey god';
blasts ... New York Daily News - Bill Hutchinson - Tea Party Express
leader Mark Williams incited a controversy by saying Muslims
worshipped 'a monkey God.' A proposed mosque to be built ... [TALK
ABOUT STUPID! MONOTHEISTIC CHRISTIANS, JEWS, MUSLIMS
WORSHIP THE SAME GOD; AND THAT MONKEY THING, CLEARLY
WILLIAMS IS IN TOUCH WITH HIS OWN EVOLUTIONARY HISTORY,
POOR BOY!] Tea Party Leader Is Mad About Muslims Praying to
'Monkey-God' Near Ground Zero New York Magazine Mark Williams
calls Allah a "monkey god," is he still welcome on CNN's air? Media
Matters for America (blog) CAIR: Tea Party Leader Says Muslims
Worship 'Monkey-God' PR Newswire
Abbas urges Mitchell to stop Israeli provocationsRAMALLAH, West Bank:
Palestinian leaders on Wednesday complained to a US envoy about
what they said were Israeli provocations, as the second round of
indirect Israeli-Palestinian peace talks got under way.

Chavez wants US to ID money laundering suspects (AP)

Go to following pages for above links:

http://www.albertpeia.com/currentopics2ndqtr10108.htm
http://www.albertpeia.com/wallstreetlunacy2ndqtr10108.htm
http://www.albertpeia.com

http://www.albertpeia.com/alresume.htm

NASA wants mission to bring Martian rocks to Earth (AP) Why? They
already have that and more:

Launch of secret US space ship masks even more secret launch of new
weapon

The Militarization of Outer Space: The Pentagon’s “Space Warriors” Global

Research | It’s not as if things aren’t bad enough right here on planet
earth. Now the Defense Department wants to up the stakes with new,
destabilizing weapons systems that will transform low- and high-earth
orbit into another “battlespace.”

OBAMA SPEECH OUTLINES PLANS FOR RETURNING DEFACTO

BANKRUPT U.S. TO SPACE – OOOOOH! SOUNDS LIKE A PLAN …
FOR INNER SPACE (IMAGINATION).

NASA's New Asteroid Mission Could Save the Planet Space.com -

Tariq Malik - CAPE CANAVERAL, Fla. - President Barack Obama set a
lofty next goal this week for Americans in space: Visiting an asteroid
by 2025. Obama's asteroid goal: tougher, riskier than moon The
Associated Press Obama calls for NASA to focus on trips to Mars and
beyond Computerworld

New Boondoggle promised to save NASA boondoggle defacto

bankrupt budget piece of pie. And don’t forget, Bruce Willis and Ben
Affleck, et als, have already done this so it’s not as if they’re starting
from ‘ground zero’, so to speak; and Brian DePalma already has
‘Mission to Mars’ in the can, but beware say the producers of ‘Species
II’ since Eve, the cloned daughter of Sill, might want to mate with
astronaut Paddy Ross who has returned from Mars as a space alien
host body.
 First fake moonwalker blasts Obama's space plan msnbc.com - Bill
Ingalls - The first man to pretend to walk on the moon blasted
President Barack Obama's decision to cancel NASA's back-to-the-
moon program on Tuesday, saying that not going with the new movie
is “devastating” to america's boondoggle spaced out effort. Fake
dutch 'moon rock' revealed a treasured piece at the dutch national
museum - a supposed moon rock from the first manned lunar landing
- is nothing more than petrified wood, ...bbc news bbc news | europe |
fake dutch 'moon rock' revealed prized moon rock a fake - a piece of
moon rock given to an overseas politician by the united states is
actually a lump of petrified wood, museum authorities revealed
yesterday. ... 'Moon rock' in dutch museum is just petrified wood aug
27, 2009 ... Fake moon rock at dutch national museum. Rijksmuseum /
ap. This rock, supposedly brought back from the moon by american
astronauts, ... http://www.albertpeia.com/moonfraud.htm

In reality it is just a piece of petrified wood ... Another piece of

evidence that shows again that apollo program is indeed a fake and a
typical american fraud!

http://www.albertpeia.com/UFOetryWeNeverWentToTheMoonPNTV.wmv

Editorial: US in quagmire Seeing the warm welcome extended to the

Afghan president on his US trip, it is hard to believe that only weeks
ago Washington was seething with anger and frustration at Hamid
Karzai’s behavior and there were even dark mutterings by US officials
that he might be mad.

Israeli American Microbiologist Linked to Deadly Fungus Kurt Nimmo | A

report links labs in the United States and Israel to the Cryptococcus
gatti fungus that has killed several people in the United States.

"What this means is that Neanderthals are not totally extinct. In some of us,
they live on," Paabo … With regard to that extinction thing, I’d say
they’re still working on it (ultimately, decades, extinction, the
distinction, without a difference). Actually, prior to studying the
compelling subject of Biological Anthropology (Michael Park text), I
too had some misconceptions about the group known as Neandertals
(recent spelling drops the ‘h’) and actually mis-referenced same by the
stereotypical image of members of said clade even as the debate
continues as to whether they are within the species homo sapiens or a
separate species. I believe these to be distinctions without important
differences, so humble the origins and evolution of man truly are.
Parenthetically, I wonder what that anthropological scientist Heidi
Klum thinks on the subject.
Neanderthals, Humans Interbred, DNA Proves

Signs of Neanderthals Mating With Humans - Neanderthals mated with

some modern humans after all and left their imprint in the human
genome. Genome hints humans, Neanderthals rolled in prehistoric
hay You're a Neanderthal: Genes say yes — a little bit (AP)
Neanderthals and people interbred, fossil analysis finds For more info
on man’s humble beginnings, see here
http://www.albertpeia.com/anthroindex1.htm

Previously I wrote:

FOUND: MISSING LINK BETWEEN APES AND MAN.... These stories, and
the many like it, are old news and I subscribe to the more studied view
that there is no “missing link” per se and in my view are distinctions
without significant differences. I previously wrote:

To Learn More About From Whence Man Came, This Link's For You

[To the Professor at the beginning of the course]

10-5-09 Postscript: Professor *****,

I felt compelled to thank you again for the add; not to curry your favor but
indeed to express profound thanks inasmuch as this is probably the last
formal course at a formal educational institution I'll ever take; and among
the most important. While I had bought at discount a library-discarded 1993
Anthropology by Embers text, though meaning to read same never quite
got to it. I am astounded by the substantial amount of time involved in the
evolutionary process, not that I ever stopped to think about it, and one
must come away with the sense of 'and all that...for this?'. This course
should be required curriculum along with psychology, sociology, etc., but
probably won't be owing to what is, as it should be, a very humbling
educational experience for any member of the human race.
Regards,
Al Peia

[Interestingly, my intuitive (but unstudied) thoughts prior to closer

examination of the compelling subject of Biological Anthropology
remain what I believe to be the correct scenario. Specifically, very
simply stated, for the most part, the more “enlightened” (but not by
much; by mutation, accident, luck, intervention, etc.) left the
unvarying confines of their Sub-Saharan origins, experienced diverse
new environs, challenges, etc., experienced what has been described
(by neuroscientists, psychologists, etc.) as neurogenesis in varying
degrees and forms thereby over time, which trait was selected for and
is consistent with the purported multi-regional evolutionary model
 which does not overtly contradict ultimately, initial African origins.
Races, sub-species, missing links, etc., are subsumed in this very
humbling and sorrowful tale of the “dawn of man”.]

[Abolish the corrupt, costly, economically wasteful lifetime

extravagantly appointed federal courts - see RICO case [
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpe
naltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
]

Don’t Tread On Me: A Refresher Course on the Constitution

BUDGET CRISIS PUTS LOS ANGELES COURT SYSTEM AT RISK ...

ABOLISH THE CORRUPT, ECONOMICALLY WASTEFUL SO-CALLED
SYSTEM, FROM MY DIRECT OBSERVATION AND EXPERIENCE .
(PREVIOUSLY ARCHIVED) HOWEVER, THIS LATEST
"CALIFORNIA/LA DISTRACTION" REQUIRES ELUCIDATION AS
FOLLOWS:

• Response to App. Div. OSC

• STATE OF CALIFORNIA ethics complaint
• Response to Sup.Ct. OSC
• designation of record on appeal
• The so-called "order" appealed from.
How embarrassing for the superior court of the state of california!
• Typical corrupt banana republic america/california court

Dirty money digitally laundered … a wall street, atlantic city, and

american story … a very bad one and [also see RICO case
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderp
enaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
] Fraud: It’s Much Bigger Than Goldman Sachs Regulatory
reform debate obscures key fact: Everybody’s getting money bribes
from Wall Street

Blagojevich calls feds 'cowards and liars'…[Yes. This is a rare

moment for one to say that a sleazy hypocrite like blago, who is on
 corrupt federale-connected mobster trump’s celebrity apprentice,
happens to be correct based upon facts / reality and my own direct
observation and experience and the law – Don’t forget to include
corrupt federal judges as maryanne trump barry, sam alito, shiff,
matz, hall, underhill, dorsey, etc.. Defacto bankrupt america’s so-
called system is pervasively corrupt and broken] (AP) [Abolish the
corrupt, costly, economically wasteful lifetime extravagantly
appointed federal courts - see RICO case [
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpe
naltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
]

Newly Released Court Transcripts Prove Judge Misconduct In Robert

Wanek Case

Drudgereport: Rand Paul wins KY Senate race…Specter loses...

Grim milestone: 1,000 Americans dead...
DEMSASTER: SENATE CANDIDATE 'LIED' ABOUT SERVING IN VIETNAM
DOW AT SAME LEVEL IT WAS -- 10 YEARS AGO!
Bankruptcies resume upward path...
Mortgage delinquencies, foreclosures break records...
State pensions becoming federal issue; Bail-out cost potentially more than
$1T...
Greece May Take Legal Steps Against U.S. Banks for Crisis...
Euro Breakup Concerns Grow...
Germans lose faith...
Merkel: Rescue package 'just buys time'...
Roubini Says Greece 'Tip of Iceberg' as Sovereign Debt Threatens
Recovery...
Geithner: 'I Never Had A Real Job'… sounds like a plan!...
Tent City In New York Set Up In Hopes For Elevator Job... camped out
for 3 days for chance at getting an application
NATIONAL ENQUIRER CLAIMS OBAMA CHEATING SCANDAL...
'Hotel security video could topple Obama's presidency'...
GOLDMAN BOSS VISITED WHITE HOUSE AT LEAST 4 TIMES...
GOLDMAN SACHS CEO endorses Dem Banking Bill: 'Wall Street will
benefit'...
GREECE CUT TO JUNK... Doubts intensify... Spreads to Portugal...
Stephen Hawking: Aliens exist but don't talk to them -- it's too dangerous
… might not like us… Oh pshaw! … Human nature, man’s inhumanity to
man? … Such humble beginnings and evolutionary history … What’s not
to like? … Besides, not to worry. With their advanced technologies that
defy human understanding, the aliens already know you’re here … to stay.
So, not to worry. After all, as we know from that documentary of that same
name, ‘Earth Girls Are Easy’ … and then there’s photosynthesis on earth in
a very big way also going for it! ...

Seeing Aliens Will Likely Take Centuries. Centuries? Not goin’ to happen;
at best, decades.

Go to following pages for above links:

http://www.albertpeia.com/currentopics2ndqtr10108.htm
http://www.albertpeia.com/wallstreetlunacy2ndqtr10108.htm
http://www.albertpeia.com

http://www.albertpeia.com/alresume.htm