Crawford calls 'Cardinal Climax'
By Peter Brimelow, MarketWatch
Commentary: Winning letter says disaster to begin Monday
July 26, 2010, 3:56 a.m. EDT
[link to www.marketwatch.com]

NEW YORK (MarketWatch) -- Is "all hell" about to break loose? One veteran letter thinks so -- and it predicted the Crash of 2008.

Unlike almost everyone else, Arch Crawford's Crawford Perspectives had a fabulous 2008. ( See Jan. 9, 2009, column.) And when I last checked in with it in early 2010, Crawford was predicting a mid-summer massacre ( See Jan. 14 column.)

Well?

Now, in its monthly issue published in early July, Crawford predicts "ALL HELL BREAKS LOOSE" -- beginning, as a matter of fact, on Monday July 26, 2010.

Crawford means it. The letter has been 200% short since June 7, with stops at 11,466 on the Dow Jones Industrial Average (DJIA 10,425, +102.32, +0.99%) and 11.84.56 on the S&P 500 (SPX 1,103, +8.99, +0.82%) .

Well?

Well, the problem is that Crawford is an astrology letter. This sends many readers (and some editors) into foaming fits. My impeccably scientific attitude: We should just look at its results.

But the opening of Crawford's July issue is definitely the sort of thing that upsets people: "NEVER SEEN ANYTHING LIKE JULY! We mean, of course, the planetary pictures in the sky which are developing towards the tightest harmonic alignments in the most potent areas of the zodiacal circle ever recorded in Earth's written history. These portend increasing and maximizing intensity and rapidity of 'change' on every level of existence: mineral, vegetable, animal, human and spirit. Will Capitalism survive? Will Democracy survive? Will our markets survive? Will governments survive? Will humanity survive? Will Earth survive?

"We don't know, but we'll be SHORT for it!"

...Read the rest at the link...