a different view on investing



In this section you can read about some of the dreams we have had in the past, and a review of their outcomes. The more recent dreams are provided along with the current edition (maybe after reading this section, you will be inspired to join us).

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6.  Dream: THE TIDAL WAVE - 6th September 2007:

A tidal wave hits New York, and wipes it out.

Interpretation (as in the newsletter at the time of the dream): The old chap is getting very cryptic these days, but perhaps he does not need to elaborate. The one-liner refers certainly to the US markets and finance, which of course are based in New York. It may be another 1929; it would not surprise us. But it could also be a melt-down of some fine and hitherto upstanding financial institutions there. Mind you, that latter scenario would also cause the markets to descend quicker than one of the II's own disastrous cheese soufflés.

Timing is uncertain. In the world of dreams, time does not exist, and when it is given in a dream it needs to be treated with extreme caution. As with the biblical description of the world having been created by Big G in seven days, timing in dreams should be understood metaphorically, not literally. And here there is no mention of time at all.

We tend to believe that it is likely to take place in October 2007, which would give time for enough bad economic signals to appear (a bank in difficulties here, mortgage defaults rising astronomically there, etc.) for disillusion to set in and investors to become twitchy. Still, that's purely a guess; it could be a matter of days or months. Wise investors will prepare for the worst right now.

Enactment to date: October 2007 it wasn't, but interestingly 10th October marked the Dow Jones Industrial Average's all-time high, closing then at 14,164.53, after which it has gone into wipe-out decline.

Another justified dream. A tidal wave of selling did indeed engulf Wall Street, as the chart above confirms.

As we said at the time, getting the timing right on a dream is tricky in the extreme, since they emanate from a timeless environment.

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