SUPERCOMPUTER PREDICTS STOCK MARKET CRASH ON
JUNE 15TH, 2005
Sat Apr 16, 2005 13:41
SUPERCOMPUTER PREDICTS STOCK MARKET CRASH ON JUNE 15TH, 2005
In late February of 2005 an anonymous source wrote us with a computer
prediction of a stock market crash occurring on or around June 15th, 2005. The
source cannot disclose who they are, but says they are a financial software
engineering company with clients including TD Waterhouse, Smith Barney
CitiGroup, Goldman Sachs, E*Trade, and other prominent corporations. The
source was very startled about the findings that were allegedly verified and
confirmed by numerous tests.
The predictions were based on a proprietary stock market index computed by
means of a Beowulf supercomputer (several PCs hooked together in parallel,
similar to the Google search engine).
The stock market prediction is based on the output of the supercomputer, which
is a complex non-linear, dynamic index of over 8,000 stocks, mutual funds, and
futures. By comparison the DJIA is comprised of only 100 stocks, and the S&P
500 index is based on 500 stocks. The supercomputer also made specific
predictions of how the stock market crash should unfold, based on statistical
analysis of the component groups within that index. The prediction states that
"oil futures will drop heavily on or around 6/15/2005, causing a drop in oil
stocks, which will in turn cascade into a full stock market crash on or around
June 17th, 2005".
UPDATE 4/15/05 - The stock market has had its largest loss in over two years
this week, with three consecutive days of triple digit losses on the DJIA.