The stock market is still a cow market, fairly lazy like cows lying in a field and grazing, not going anywhere fast (see April 3, 2009 post). It's neither a strongly bullish nor strongly bearish market.
The next level of support is about 8600 per the Lord's word in the Feb. 19, 2009 post. The DOW is already staying above 8200 per the Lord's word initially on Feb. 19, 2009 and then His saying on March 27, 2009 He would raise the DOW to 8200 in April rather than later (the timing which happened right before the close of the month on April 29, 2009!)
Beyond the DOW going to 8600, it should rise to 9200 by or in June (see May 18, 2009 post) and eventually to 12,000 by mid September. I need to be honest that I succumb to doubts every now and then about the DOW going to 12,000 by September (I'm honest at least, so I stand in faith and resist those annoying doubts that occur). Can He do it? Of course! The "hop-skip-and-jump" of the DOW (see May 19, 2009 post) I am fully anticipating and can see that occurring vividly. I just have a bit of fuzzy faith every now and then on the timing of the last jump, taking the DOW to 12,000 by September. "In the natural" such a steep rise seems aggressive. And it defies the slow-recovery or even the worse-is-yet-to-come pundits. But hasn't the rapid and steep decline of the stock market been aggressive? And hasn't the market decline unveiled some very attractive buying opportunities if you have any bit of optimism about America's future? And hasn't there been additional goodness in the numerous exposures of corruption in the finance world? God has done some house cleaning, in my perspective, and He can and will make His influence manifest in the economy and the markets.
We are in the low-angle, gently sloped "skip" phase. To get to 12,000 by September the DOW will have to rise more steeply, a jump. I am looking to see the Lord do as He showed and shared for the stock market... a hop, skip and a jump.
Update as of June 13, 2009 11 am: Where 12,000 appears it should be replaced with the number 10,000 as of today. The reason for the correction is I have believed with conviction all the numbers of the DOW from the Lord: 7200, 7500, 7800, 8200, 8600 , and 9200, and the time frames of 8200 in April and 9200 in June and the DOW staying above 8600. But I have not had the same conviction about 12,000 by mid September. Originally the number I had heard was 10,000 but I had such great faith I also heard and thus expected 12,000. Whether I was right or wrong in my initial post, the Lord can change His mind on His actions as shown by many, many accounts in the Bible. As of this writing, the correct number from the Lord is the DOW above 10,000 on September 16, 2009. By the way my birthday is in September and I asked the Lord for this birthday present, that by His word coming true many would be blessed. Please see also the post today that there will be a modest correction after the DOW goes to 9200 but before it goes to 10,000.
Update as of July 30, 2009 at 7:00 am: The DOW broke up through 9200 today, only one month later than when I prophesied on April 28, 2009 that it would happen by or in June 2009. Why the one month delay to July 2009? I either heard wrong or God changed His mind on timing. Either way, I have been fully invested in my portfolio knowing God said the market would go to 9200 and then 10,000. Also, on May 19, 2009 He said there would be a “jump” in the market after the “hop” and “skip” were completed (it looks like the “jump” is happening this July 2009 and might take us to all the way to 10,000). More commentators and economists are saying we have turned the corner on the bear market and are in the beginning of a bull market as I heard from the Lord on June 7, 2009.
Update as of September 16, 2009: Please see the words of the Lord to me on April 28, 2009, again on May 18 & 19, 2009, and on June 13, 2009 where He said, "Watch me, 10,000 in September 2009. A present to my children and those not yet my children. A birthday present because Catherine has asked for one, a birthday party where everyone receives presents. I will repair with air, with that which you cannot see. Rejoice because I will inflate your portfolios! Rest in My words, I am doing things you cannot see. You see air, but I will inflate, I will inflate your smile!" I incorrectly assumed the DOW would go to 10,000 by my birthday on September 16, which is mid September. But the Lord simply stated in September. I am the one who added "mid September" and "by September 16". Please accept my apologies as these additions were not in the original word from the Lord. On September 16, 2009 the DOW closed at 9791, a stone's throw of only 209 points or a mere 2.1% increase to 10,000.
Update as of September 29, 2009: The DOW reached a high of 9917 on September 23, just 83 points from 10,000. Perhaps the precise price of 10,000 was not reached in September but the DOW approximated 10,000. The DOW didn't decline steeply in September, as many prophesied, and it also reached 10,000 well before year end. Mark Skousen, an economist expected the DOW to reach 10,000 by year end (I learned of his secular forecast after I first prophesied the DOW to 10,000 in September). I am not aware of anyone who expected the DOW to be close to 10,000 in as early as September. So with the results that happened this month, I believe the Lord spoke clearly about the DOW to 10,000 as a September birthday present.
Update as of October 14, 2009: The DOW closed at 10,015 today.
"Sierra" - About Me
- Prophetic Trader
- I am a prophet in arenas which I call "the fields I plow", primarily that of the U.S. economy, politics and stock market, but also whatever else He shares with me. He graciously has expanded the scope of sharing with me over the years. I am transparent in this blog. You will witness a prophetic person fairly new to prophesying publicly exhibit some immaturity, which I have not deleted, but hopefully you will see growth and increased maturity over time. I often spend hours a day with the Lord to cultivate the gifts for the fields He has called me to. It is the craving of every fiber in my being to be close to Jesus Christ and the Father and I hunger to sit at His feet like Mary. I believe this is the birth place of a prophet and He has and is birthing many prophets across the world to speak over and pray for many issues. Sometimes it is the most excruciating thing you will do as your flesh is crucified in this calling. But it is also the most glorious thing to be drawn closer and closer to Him. It is worth the cost, but please know it is a painful and frustrating cost at times, should you desire it. I hope you desire it!
I value your friendship and prayers.