WHY IS THIS AN ALLEGED SURPRISE (SEE FORECASTS INFRA)?

If it
were only european debt worries! The fact is this is a global depression,
exacerbated by lap dog european defacto bankrupt american perpetual war
and spending more than you have, exacerbated by a huge extent (many
trillions of worthless paper still out there and marked to anything ala
americano) fraud emanating from america. The orwellian europeans /
americans have become the destructive worldwide jokes that keep on
giving with america’s unsustainably insurmountable debt load / service.

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.

Flash Crash: Biggest. Intraday. Dow. Point. Drop. Ever. Blood in the
Streets on Drudge
Drudgereport: MARKET VIOLENCE:
FEAR, EURO WEAKENS, GREEK RIOTS CONTINUE, RETAIL DISAPPOINTS
DOW SWINGS 1010 POINTS, 2ND LARGEST IN HISTORY...
'MANIPULATION'
VIDEO OF DRAMA...
CNBC: FAT FINGER, HUMAN ERROR IN TRADE CAUSED PLUNGE...
PUSHED 'B' INSTEAD OF 'M'?
REPORT: BAD TRADE TRACED TO CITI...
'No Evidence that CITI was Involved in Any Erroneous Transactions'...

Wall St. rollercoaster: Stocks fall nearly 10 pct (AP)

Stocks Fall Sharply; Dow's Biggest Drop In Over A Year Wall Street
Journal - Steven Russolillo - NEW YORK (Dow Jones)--US stocks
plunged Thursday, falling for a third straight session, as jittery
investors grew even more restless over southern Europe's festering
sovereign-debt woes. Unexpected Drop Prompts P&G To Probe
Trades wall street journal Citigroup probing rumor of erroneous trade
Reuters Nasdaq Says Investigating Erroneous Trades After Market
Plunge BusinessWeek - Michael Tsang, Elizabeth Stanton - May 6
(Bloomberg) -- Nasdaq OMX Group Inc. said it's investigating
potentially erroneous trades involving multiple securities between
2:40 pm and 3 pm New York time, when the US stock market tumbled.
Stocks Fall Sharply; Dow's Biggest Drop In Over A Year Wall Street
Journal US STOCKS-Wall St plunges as trading glitch suspected
Reuters
AP BUSINESS HIGHLIGHTS NEW YORK (AP) -- The stock market had one
of its most turbulent days in history as the Dow Jones industrials fell to
a loss of almost 1,000 points in less than half an hour on fears that
Greece's debt problems could halt the global economic recovery. The
market's plunge came less than 90 minutes before the end of trading.
The Dow's drop was its largest loss ever during the course of a trading
day, but it recovered to a loss of 347 at the close. All the major indexes
lost more than 3 percent …

RIIIIIGHT! BLAME IT ON A TRADING ERROR … HOW ‘BOUT REALITY!

Trading Error at Major Firm Blamed For Selloff CNBC - A human

trading error at a major firm was the root cause of Thursday's sudden,
9 percent selloff in US stocks, sources told CNBC. Dow Drops Nearly
1000 Before Rebound; Possible Bad Trades Probed Wall Street
Journal Did Trading Error Worsen Market Plunge? TheStreet.com

(5-6-10) Dow 10,520 -348 Nasdaq 2320 -83 S&P 500 1,128 -38
[CLOSE- OIL $77.11 (-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 $1,197
[video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) /
SILVER $17.53 (+47% for year 2009) PLATINUM $1,653 (+56% for year
2009) / DOLLAR= .79 EURO, 91 YEN, .67 POUND STERLING, ETC.
(How low can you go - LOWER)/ 10 YR NOTE YIELD 3.40% …..… 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

YAHOO [BRIEFING.COM]: Another broad-based wave of high-volume selling sent stocks

to their worst percentage loss in more than one year, but things could have been far worse
since the Dow was actually down nearly 1,000 points in its worst intraday drop on record.
Weakness was widespread for the entire session as participants showed an aversion to
risk. That theme caused sovereign debt credit spreads to widen and many of the global
indices to drop so much that the Dow Jones World Index fell 2.7% in its worst single-
session percentage slide since February. U.S. equities found little support as the Dow,
Nasdaq, and S&P 500 spent the first part of the session with broad-based losses. Follow
through selling caused a breakdown in technical support, including a violation of the 200-
day moving average. Selling soon went from frantic to panic as the Dow dropped nearly
500 points in five minutes. That gap down put the Dow nearly 1,000 points into the red.
Though there was talk that a program or system error led to the cascade of selling, media
reports indicated that the major exchanges said there was no error on their part. While
stocks had looked to be headed for something awful, computer programmed trades
quickly clicked to buy and drove the Dow back up several hundred points in a matter of
minutes. The Dow closed almost 650 points above its session low, but it still lost nearly
350 points on the session…

UPDATE - US options risk gauge closes at one-year high

* VIX ends at one-year highs, up 48.8 pct so far this week
* VIX logs largest daily percentage gain since Sept 2008
* Second day of heavy option trade in ETFs
* Option traders favor SPY May put options
(Recasts; adds VIX close, trading in all U.S. options, ETFs, analyst comments) By Doris
Frankel CHICAGO, May 6 (Reuters) - Option investors went on the defensive on Thursday,
seeking to protect their portfolios against further declines in U.S. stocks amid concerns
that Europe's debt crinewssis could escalate. A rapid stock market selloff spurred a rush
for options to mitigate stock market risk. That sent the Chicago Board Options Exchange
Volatility Index, or VIX .VIX, Wall Street's favorite barometer of investor anxiety, to a one-
year high at 32.80. The VIX soared 31.7 percent and has risen 48.8 percent since Friday. It
notched a new intraday high of 40.71, which on an intraday basis, was a gain of 63.4
percent from Wednesday's close at 24.91. The VIX has now more than doubled from recent
intraday lows near the mid-15 level last month. "This indicates that the fears on the
European debt crisis continue to grip the markets and may spread even further," said Joe
Kinahan, chief derivatives strategist at TD Ameritrade. "Due to this fear, investors are
willing to pay increased option premiums to insure their portfolios," he said. The sharp
rise in the VIX indicates more market turmoil in the weeks ahead as the underlying
Standard & Poor's 500 index .SPX suffered a 3.24 percent loss to close at 1,128.15 …
Russia says Iran attack ‘disastrous’ In a meeting with ambassadors from Arab states,
Lavrov reaffirmed Moscow’s support for diplomatically engaging Tehran and warned
against the “disastrous” consequences of taking military action. Your Guide To All The
Countries That Are One Riot Away From Becoming Greece Investors have begun to
question the financial strength of other European nations, even those outside of the
infamous PIGS group (Portugal, Italy, Greece, Spain). Top Recipient of Political Cash
from BP, Goldman Sachs, Defense Contractors AND Healthcare Giants: Barack Obama
The story that Obama was the top recipient of political contributions from BP is going viral
today. I thought I’d put the story in a little context. Behind The Scenes, European Banks
Freak Out About Lending To Each Other Behind the scenes, banks are starting to
question each other on their exposures to Greek sovereign debt. Its why BNP Paribas and
Societe Generale mentioned it in their recent earnings calls. Gold Is A Good Bet When
Sovereign Nations Are Imploding Instead of rejoicing at the meteoric rise of gold and
silver, we believe that those in the hard money community who do not forthwith leave the
Illuminist casinos of Sodom and Gomorrah will shed enough tears to create a second
Niagara Falls. Hugh Hendry: The Greek “Bailout” Is Really A Bailout Of French Banks
Yesterday we pointed out that France was a global top three derisker in sovereign CDS as
traders have shifted their worries from the periphery to the core. We have long discussed
that the reason for this is that France, not Germany, has the greatest exposure to Greece
and the PIIGS. Euro plunge raises reserve status fears The euro fell to a 14-month low
on the dollar and one-year low on the yen, raising concerns over the currency’s reserve
status. Gerald Celente on Greece: People will rise against bank bailouts globally After
a day of unrest which saw three people killed, Greece’s parliament is preparing to vote on
the controversial austerity package.

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.

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

Don’t Tread On Me: A Refresher Course on the Constitution Infowars.com |

America is in the midst of a political revolution of the sort the country
has not experienced since 1776. Stock Market Falls Nearly 1000
Points CNBC Audit The Fed Push Strengthened By Second Front In
Senate Steve Watson Infowars: Greek Crisis Will Come to America
Russia Today - China crash ahead. Senate OKs measures to end ‘too
big to fail’ bailouts Crisis Deepens; Chaos Grips Greece U.S.
Food Prices ‘Spiraling Out of Control’ The National Inflation
Association says there is reason for grave concern. Many possible
triggers for wider euro debt crisis Reuters | Portugal, Ireland and
Spain, Italy, UK are widely seen as the next possible “dominos” after
Greece. UK budget deficit ‘to surpass Greece’s as worst in EU’ The
Guardian | European commission’s spring forecasts put UK budget
deficit this year at 12% of GDP – the highest in the European Union
and worse than Treasury estimates.

New U.S. Push to Regulate Internet Access as Internet Remains the Only
Way to Access Unfettered / Uncensored Truths In a move that will
stoke a battle over the future of the Internet, the federal government
plans to propose regulating broadband lines under decades-old rules
designed for traditional phone networks. Times Square Bomber
Linked With CIA-Controlled Terror Group A man arrested in Pakistan
in connection with the Times Square car bombing attempt who had
traveled with accused bomber Faisal Shahzad is a member of a
terrorist organization that is controlled by British MI6 and the CIA.
(Reuters) - Americans are being "bombarded" with cancer-causing
chemicals and radiation and the federal government must do far more to
protect them, presidential cancer advisers said on Thursday …
http://www.reuters.com/article/idUSTRE6450LN20100506

Signs of Neanderthals Mating With Humans New York Times - Nicholas

Wade - Neanderthals mated with some modern humans after all and left
their imprint in the human genome, a team of biologists has reported in the
first detailed analysis of the Neanderthal genetic sequence. Genome hints
humans, Neanderthals rolled in prehistoric hay You're a Neanderthal:
Genes say yes — a little bit (AP) - We have met Neanderthal and he is us —
at least a little. The most detailed look yet at the Neanderthal genome helps
answer one of the most debated questions in anthropology: Did
Neanderthals and... Neanderthals and people interbred, fossil analysis
finds For more info on man’s humble beginnings, see here
http://www.albertpeia.com/anthroindex1.htm

Why Do So Many Bad Things Keep Happening To The United States? The
Economic Collapse | How many body blows can the biggest (but
defacto bankrupt) economy in the world take and still remain
standing? Karma, Divine Provenance, Divine Intervention? Yes, there
is a God!

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

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/ricosummarytoFBIunderpe
naltyofperjury.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 ]

Drudgereport: MARKET VIOLENCE:

FEAR, EURO WEAKENS, GREEK RIOTS CONTINUE, RETAIL
DISAPPOINTS
DOW SWINGS 1010 POINTS, 2ND LARGEST IN HISTORY...
'MANIPULATION'
VIDEO OF DRAMA...
CNBC: FAT FINGER, HUMAN ERROR IN TRADE CAUSED PLUNGE...
PUSHED 'B' INSTEAD OF 'M'?
REPORT: BAD TRADE TRACED TO CITI...
'No Evidence that CITI was Involved in Any Erroneous Transactions'...
UPDATE: Oil Starts To Wash Ashore Off Louisiana...
GREECE PARALYZED BY VIOLENCE
DEBT CRISIS
Stocks Slide Worldwide, Erasing 2010 Gain...
UK budget deficit 'to surpass Greece's as worst in EU'...
FREDDIE MAC seeks $11 billion dollars from feds to cover losses...
Many possible triggers for wider euro debt crisis...
Plunge raises reserve status fears...
Faber: China 'Crash' Coming ...
Oil from Gulf spill may even 'reach Miami'...
Gulf Coast watches, waits for path...
Leak could hit 40K barrels a day...
Cleanup chemicals worry environment watchdogs...
Oil will persist in sensitive habitat 'FOR YEARS'...
BP Chief: We'll get loads of illegitimate claims - this is America...
Dems expolit oil rig explosion that killed 11 Americans to raise $$$...
AHMADINEJAD: USA SHOULD BE PUNISHED FOR NUCLEAR
'THREATS'
Federal Government Outpaces Private Sector in Job Creation...
Inflation up 2% in March...
LIST: 20 most stressed, least stressed counties in USA...
TALIBAN LEADER 'KILLED BY CIA DRONE' SURFACES ON INTERNET
Videos appear to show Pakistan Taliban chief alive...
Washington claimed killed…among others, for the umpteenth time…
helps sell war budgets...
MELTDOWN: Greece Gets $146 Billion Bailout...
Largest ever assembled for a country...
'Collapse or salvation'...
Junk Bond Sales Set Record...
SPILL SPREADS
OUT OF CONTROL
European Central Bank President: Global Governance 'extremely
necessary'…Riiiiight! … Sounds like a plan … and who to govern? The
same incompetent vegetables who’ve created the problems in the first
place? Oooooh … Brilliant! ...
Greece, the so-called cradle of western democracy, erupts as IMF
prepares to wield axe...
AZ deputy shot in stomach by suspected illegal...
UPDATE: Immigrants plan Saturday marches...
596 convicted of crimes nabbed in South...
OIL SLICK NOW
THREATENS GULF COAST
BLAME GAME
Slick Ashore Tonight Worse Than Exxon Valdez … How Did This
Happen ?
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