Wednesday, September 01, 2010 2:43:21 PM
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Foresaw the Stock Market Crash and Great Depression
In 1924, Cayce predicted the crash of the market after a long bull run during the late 1920's. During the mid-1920's he chronicled the rise and fall of the stock market, teaching his clients how to play the bull market and how to prepare for the crash of 1929. He even outlined what growth industries would give them the best long term portfolio after the market reached bottom. Cayce should have been quite well-to-do with endowment from a share of their speculations, but his clients did not pay attention to the readings and failed to pay heed to his warning. Six months later, they lost all they had when the great October 1929 Stock Market Crash occurred. This was also the trigger for the Great Depression which Cayce also foresaw. In 1931, Cayce foresaw that the Great Depression would lift in the spring of 1933 which it did.
And HESG is the next best long term growth stock !!:!! HESG 11:11
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