The rapid and immediate rise in the Dow Jones Average was totally expected, for reasons we explain below. This "recovery" also does not mean that we have nothing to worry about. In fact, our planned demise is as certain as anything can be in the financial world. We are witnessing the "calm before the storm", a time in which the prudent can prepare for the coming disaster.

The New World Order is coming! Are you ready? Once you understand what this New World Order really is, and how it is being gradually implemented, you will be able to see it progressing in your daily news!!

Learn how to protect yourself, your loved ones!

Stand by for insights so startling you will never look at the news the same way again.

NEWS BRIEF: "Wall Street Rebounds: Dow soars 337 points after prior day's plunge", by Leslie Eaton, The New York Times, as reported by The Providence Journal Bulletin, Wednesday, October 29, 1997, p. A-1, 13.

NEW YORK -- "Main Street rode in yesterday to rescue Wall Street -- and stock markets around the world -- as America's amateur investors rushed to buy stocks, halting the global financial free-fall that began last week. The result smashed every record around. Shares of America's biggest and strongest companies rallied sharply. The Dow Jones Industrial Average soared 4.7 percent, the greatest gain in more than a decade and the sixth-largest ever."

"Trading on the New York Stock Exchange exploded, as 1.2 billion shares changed hands. That is not only almost 75 percent more shares than traded in the previous record -- set only the day before -- but roughly twice as many as traded during the market meltdown of 1987."

"While the stock exchange said it handled the flood with little difficulty, some brokerage firms that cater to individual investors reported jammed phone lines and some of their electronic trading systems slowed to a snail's pace. And the NASDAQ Stock Market, essentially a network of dealers who trade many small companies and high-tech issues, encountered trouble late in the day after it, too, had seen a billion shares change hands ... the rebound in the United States helped spark rallies around the world, beginning with Mexico and spreading ... Much of the buying in the United States was done in small trades that are the hallmark of individual investors, although some were clearly done by professionals who were buying small quantities of many stocks."

"Wall Street had been anxiously waiting to see whether small investors would consider the decline a 'buying opportunity' as they have in every market decline since 1987. The amateurs did not disappoint. At Charles Schwab & Co., individual investors placed an extraordinary number of orders before the market opened -- and buys outnumbered sales three to one. Among investors saving for retirement, 'We saw buying at levels we have not seen before' in such circumstances, said David Castellani, senior vice president of Cigna Retirement and Investment Services. The company manages the third largest 401(k) retirement program in the country with 1.3 million investors and $22 billion in assets. It was the professionals', Castellani said, who got frightened and 'pulled the covers up over their heads', selling stocks in favor of cash."

Perhaps the professional investors got scared because many of them knew, better than the amateur, that all stock markets around the world were in sorry financial condition, and that the underlying financial conditions were deplorable. Perhaps they remembered history a whole lot better than did the amateur; maybe they remembered that Wall Street rebounded dramatically on the third day following the 1929 Crash, and stayed very strong for about six months thereafter. Maybe the professionals remembered that investor optimism seemed boundless after the 1929 temporary recovery, an optimism that proved absolutely without foundation or merit!!

As one financial consultant warned:

"There is a well-entrenched psychology in our markets today. It is known as 'buy on the dips', or 'buy and hold for the long term'. This false investing philosophy plays to the advantage of those investors with 'eyes to see' and 'ears to hear' the truth, giving us precious time to get our financial houses in order before the irreversible, devastating, and inevitable declines begin."

And, what is the truth about today's market? "The Dow Jones Industrials would have to fall to about 4800 points [verses the 7506 at which they closed on 10/29/97], and the S&P would have to fall to 550 [versus the 919 at which it closed on 10/29/97], just to get back in line with long term historical price/earnings ratios." Wow, that is quite a drop. This means that the Stock Market indices are overvalued by 36% for the Dow and 40% for the S&P. Now, you can understand what Federal Reserve Chairman, Allen Greenspan, has been meaning lately when he has made the statement that "the Dow cannot continue to rise", and that it is simply too high.

Speculative investments by investors has caused the markets to rise out of line with the historical benchmark of "price/earnings ratios". Please note that "profits, while increasing in total, have, as an annual percentage change, continued to slow since 1995. As this trend continues, the indexes will have to fall even below these figures, above, just to maintain the historical price/earnings ratios."

But, Jim, news reports show that many amateur investors are not worried about this recent precipitous drop in the markets, because they are in the market for the "long haul", especially those people who have 401(k) type plans invested in the market. Listen to this following NEWS BRIEF.

"Most 401(k) Investors Prepared To Wait It Out", The Providence Journal Bulletin, 10/29/97, page A-13. "Monday's stock market plunge may have unnerved some investors, but it did not spook people who save for retirement in 401(k) plans. At least that was what large employers, mutual funds and plan administrators said yesterday ... Many workers were apparently as nonchalant as Howard Stutz, a public relations executive in Las Vegas, Nev., 'I didn't even call to check my balance', said Stutz, whose clients include several big gambling halls. 'I am in a 401(k) for the long haul, so I am just going to leave it. The economy is good, and so I am not that worried'. "

To all those "nonchalant" holders of 401(k) retirement plans, please be aware: "As long as the masses continue to believe that the markets, over the long term, will bring them wealth, this confidence will hold the markets together, for a while yet. This situation exists even though the underlying foundations of our nation have been badly eroded. Why? Because our economy is built on confidence, even confidence that is misplaced. Remember, if the foundations of our financial house and our culture have changed, then the 'buy on the dips', and the 'buy and hold' philosophies will eventually bankrupt all those who have accepted it as truth. Any truth seeker can see that our foundations are deeply eroded in this country. But, even more importantly, the reason anyone can know, for certain, that our economy and country is headed for ruin, is the Truth of the Scriptures, which state, that every nation which forgets God is brought down to absolute ruin [Jeremiah 12:17]."

But, now, let us examine just how badly eroded our financial foundation truly is today.

In the mid-1930's, Congress thoroughly investigated the causes of the stock market crash of 1929-1931, and passed laws to correct the problems that brought about the Great Depression. One of the laws they passed was to forbid the buying of stocks on "margin". Prior to the crash an investor could buy stock by only putting 10% down. Congressional investigators identified this factor as being one of the most important causes of the stock market crash. Therefore, they passed a law that demanded a minimum of a 50% down payment before buying stock. This law remains in effect today.

BUT, a way around this requirement was created in the early 1990's. "The 10 cents on the dollar margin trading of the 1920's has been replaced by the 1 cent on the dollar Derivatives buying of the 1990's. Indeed, according to the International Swaps and Derivatives Association, and from the Bank of International Settlements of the mid-1990's, the world is awash in this 1 cent on the dollar investments, to the tune of $30 trillion!! Today, in 1997, this figure is higher still."

Now, since most of you, like me, have never heard of "Derivatives". "Derivatives are individualized contracts that allows people to buy stocks, bonds, commodities, futures, Treasury Notes, and many other financial assets by placing only 1% down!!! Derivatives are nothing more than financial contracts allowing a person to put down one dollar and thereby control $50, $100, or even $500 in some other asset category. Derivatives are generally for a stated period of time, and for a stated volume and dollar amount."

Thus, our financial leaders have deliberately created a truly monstrous weapon with which the entire financial foundations of the economies of the entire world may be brought down with the greatest crash in history.

"The world has the most leveraged and speculative financial markets in recorded history. If our economy was a 'house of cards' in the late 1920's, then it is a 'house of cards filled with TNT in these late 1990's!"

So, given these absolute facts, what steps should a prudent Christian take?

1) Get your assets out of harm's way. If you own any stock, or any retirement plans that would be taken down during a stock market crash, and an economic collapse, get them out NOW. Do not let any broker or investor talk you into the false notion that everything is going to turn out all right. Get out.

2) Reinvest in a diversified portfolio that will not collapse with the stock market. Indeed, there are many investments that will increase when the stock market crashes. God first enunciated the concept of a diversified portfolio, when He stated, in Ecclesiastes 11:2, "Give a portion to seven, also to eight; for thou knowest not what evil (calamity) shall be upon the Earth."

3) Pay down existing debts and avoid new ones like you would avoid the plague.

But, we do know the type of evil that is currently running amok on the Earth today, don't we? We know that America, as a nation, has turned her back completely on Almighty God, and has become an abode of every kind of evil imaginable. We know that the Plan exists that systematically envisions a change to a global government, economy, and religion that will be lead by their New Age Christ, who is the Biblical Antichrist. Therefore, we know that the final terrible events of the End of the Age are upon us. Since these things are true, we are to be just what Jesus told us to be: "be ye therefore wise as serpents, and harmless as doves." [Matthew 10:16b]

Then, speaking directly to believers at the End of the Age [that's us], Jesus said, "Keep awake, then, and watch at all times, be discreet, attentive, and ready, praying that you may have the full strength and ability and be accounted worthy to escape all these things, taken together, that will take place and to stand in the presence of the Son of Man." [Luke 21:36, Amplified Bible Commentary].

Now that you know the truth about our eroding national foundations, and the inevitability of collapse, get your assets out of harm's way and your heart right with Jesus Christ. While there is nothing that can be done in the Long Term to protect your assets, because Antichrist will seize them and kill you [if we are not taken out by the Rapture], you will be able to ride out the storm in the Short Term, providing wisely for your family.

Call your financial advisor, and tell him that you want to pull assets back, even if you have to take a severe cut in value to get them out. Even getting 50% out is better than losing everything. Remember, in NEWS1117, we stated that the goal of our national economic leaders -- New World Order all of them -- is to make everyone "equally poor". New Age authors call it "Redistribution of Income". And, do not tolerate any stories from your advisor or broker that everything is going to be all right.

Do not be deceived, either spiritually or financially. The End of the Age is upon us. Are you spiritually ready? Is your family? Are you adequately protecting your loved ones? This is the reason for this ministry, to enable you to first understand the peril facing you, and then help you develop strategies to warn and protect your loved ones. Once you have been thoroughly trained, you can also use your knowledge as a means to open the door of discussion with an unsaved person. I have been able to use it many times, and have seen people come to Jesus Christ as a result. These perilous times are also a time when we can reach many souls for Jesus Christ, making an eternal difference.

If you have accepted Jesus Christ as your personal Savior, but have been very lukewarm in your spiritual walk with Him, you need to immediately ask Him for forgiveness and for renewal. He will instantly forgive you, and fill your heart with the joy of the Holy Spirit. Then, you need to begin a daily walk of prayer and personal Bible Study.

If you have never accepted Jesus Christ as Savior, but have come to realize His reality and the approaching End of the Age, and want to accept His FREE Gift of Eternal Life, you can also do so now, in the privacy of your home. Once you accept Him as Savior, you are spiritually Born Again, and are as assured of Heaven as if you were already there. Then, you can rest assured that the Kingdom of Antichrist will not touch you spiritually. If you would like to become Born Again, turn to our Salvation Page now.

We hope you have been blessed by this ministry, which seeks to educate and warn people, so that they can see the coming New World Order -- Kingdom of Antichrist -- in their daily news.

Finally, we would love to hear from you.

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