Before reading this post, please read God Parts the Red Sea on Nisan 17. Otherwise, this will not make sense.
God has revealed a worldwide market crash will occur on Nisan 17, but when is that? Nisan is the first month of the Hebrew year, but there are two Hebrew calendars. Sometimes they are off by a few days, other times by a whole month, especially during leap years like 2016. Using the Biblical Hebrew calendar, Nisan 17 starts at sunset on Saturday March 26 and ends at sunset on Sunday March 27. Using the modern Hebrew calendar, Nisan 17 begins at sunset on Sunday April 24 and ends at sunset on Monday April 25. So to know the timing of the crash, we have to know which calendar God is using.
Ancient Israel based their calendar on observations of the moon with each new moon marking the beginning of a new month. Today, a remnant of devoted Jews still rely on this practice to identify their holy days, but most have adopted the modern Hebrew calendar, which is inaccurate by design, moving certain holy days so they don’t occur on certain days of the week, like the Sabbath (Source: Wikipedia).
In 2016, the modern calendar is so far off it has Passover happening one month after Easter, which is impossible since Jesus ate the Passover meal three days prior to His resurrection. Yet, the modern calendar puts Easter on March 27 and Passover beginning at sunset on April 22.
Even though the Biblical calendar more accurately identifies the holy days, the modern calendar is more widely used. As I was researching these dates, almost every site I visited uses the modern calendar. It was much harder to find sites using the Biblical calendar.
To identify the timing of the market crash it really doesn’t matter which calendar is more accurate or more popular because the only thing that matters is which one is God using. The following provides five reasons why I believe God is using the modern calendar.
1 ) God Loves People
We know God cares about accuracy because He created the universe with amazing precision. Yet, He overlooks the inaccuracy of the modern calendar because He also cares about people and far more people use the modern calendar than the Biblical one. So I believe God reveals Himself through events like this in the hopes that people will recognize Him and turn to Him. Hardly anyone would if He followed the Biblical calendar.
He does the same thing with the Gregorian calendar, which is also inaccurate because it identifies the start of each new year on January 1, which is not even close to God’s new year. Yet, for as long as any of us can remember, He has honored our new year celebrations by imparting revelation and vision for the coming year through His prophets.
The Apostle Paul did the same thing, as he wrote, “I have become all things to all men, so that I may by all means save some.” (1 Corinthians 9:22) The love of God compelled him to see beyond cultural differences, speaking to them in ways they could understand, so he could show them the way to God.
God does everything He can to warn us and spare us from calamity, even if it means using our flawed calendars. He takes no pleasure in bringing judgment, which is why He gives so many advance warnings. When He relented from bringing destruction upon ancient Nineveh, He told Jonah He was not only concerned about the people, but also the animals (Jonah 4:11). So God uses the modern calendar in the hopes of rescuing more people from destruction.
2 ) Historical Precedents
Historically, major market crashes have coincided with Jewish feast days. Businessman and market investor Aaron Brickman discovered the major crashes of the last hundred years have aligned with the modern Hebrew calendar, but not the Biblical calendar. He shared the following statement:
“In the 1929 crash, there was a discrepancy between the Biblical and modern Hebrew calendars, but the crash dates aligned with the modern calendar, not the Biblical one. In the 1987 crash, both calendars were aligned. In the 2008 crash, the calendars were out of sync again, but again the crash aligned with the modern calendar, not the Biblical one.”
I believe the coming crash will also align with this historical precedent.
3 ) Five Prophetic Revelations
Five prophetic warnings all reveal the timing of the market crash will be based on the modern calendar (April 25) rather than the Biblical calendar (March 27).
First, the dates given to James Jansen and Louie McGeorge coincide on the modern calendar, but not on the Biblical calendar.
Second, Phanuel received two warning dreams about the crash, one on April 25 2014 and the other on January 17 2016, the 25th and 1/17. Again, his dreams reveal the timing of the crash will follow the modern calendar, not the Biblical calendar.
Third, yesterday I saw a graph showing the Dow Jones Index moving up sharply as it completes the final leg of the W-pattern. Then it dropped down sharply afterwards. Then it leveled off and started moving back up, but not as fast as the other movements. It moved up more gradually and formed a rounded top that was not nearly as high as the first top. Then it started sloping gently back down. That was all I saw. The point is it would be impossible for the market to complete this pattern in one week because there just isn’t enough time. I believe it will be fulfilled by April 25, aligned with the modern Hebrew calendar.
Fourth, Michelle Alena Lovejoy posted the following comment on Z3 on March 18 regarding a dream her husband had the night before.
Blessings James and all z3 readers!!! My husband is 73 years old, and I don’t bother trying to tell him all the things/prophetic words and dreams that are coming….because he can’t remember them!!! He told me just know that Holy Spirit woke him up last night (3/17/16) at 1 am and said…..’THE CRASH IS GOING TO START IN GERMANY AND YOU HAVE ONE MONTH.”
The one-month timing from March 17 fits with the modern Hebrew calendar, but not the Biblical calendar.
Fifth, Elizabeth Marie posted the following comment on Z3 on March 18 sharing a dream she had on January 30 2016.
On January 30th of this year, while sleeping I heard a VERY strong voice saying:
‘Three months, three months, three months’
I do receive dreams, visions and words at night from the LORD. However, I have never heard one quite like this. It was an actual strong, male’s voice, instead of the ‘download’ to my spirit that I usually get.
After praying about it for awhile and not receiving anything more, the LORD led me, through Scripture, about the Passover and the barley harvest. Sure enough, the ‘Three months’ comes at Passover, right around April 23rd to April 30th!
Three months from January 30 fits perfectly with Nisan 17 on the modern calendar, April 25.
4 ) Technical Analysis
Technical analysis by Aaron Brickman shows major historical crashes have followed a very similar pattern with 39 to 44 trading days from the final market top to the panic low. If the market is currently moving up and reaching new highs, a crash on March 27 would be unprecedented because it would contradict the pattern of every previous crash. If the market reaches a top next week (March 21-25), this would fit the historical pattern for a crash to begin on April 25. The market would then likely hit a panic low as soon as May 6 or as late as May 20 if it follows historical patterns.
Another amazing finding is the market makes a major turn every 1800 trading days (plus or minus 15 trading days). 1800 trading days equates to a seven-year cycle. For the past year, the markets have continued to follow the 1800-day cycle as it relates to the 2008 bear market, which ended on March 9, 2009. Adding 1800 trading days to that low shows we are due for a major turn in the markets during the last week of April through mid-May 2016. So technical analysis supports the modern Hebrew calendar, not the Biblical calendar.
5 ) Markets Are Closed on March 25-27
The stock market would have to be open to crash. The modern calendar passes this test because the markets will be open on Monday April 25. However, the Hebrew calendar fails this test because Nisan 17 occurs on Sunday March 27, which means the markets will be closed.
Even if we assume the crash happens on Friday March 25 to fit the warning received by Louie McGeorge regarding a crash in Germany on the 25th, which would be Nisan 15 according to the Biblical calendar, that does not work either because the markets are closed that day for Good Friday. It would also be impossible for Germany to crash that day because the German markets are also closed, including the Frankfurt Stock Exchange.
Conclusion:
No matter how we look at it, scripturally, historically, prophetically, and technically, all indicators point to April 25 as the date God has chosen for Nisan 17. I believe He has chosen to send a message of judgment to the world based on the modern Hebrew calendar because it is the one most people use. Besides, the markets are all closed on the dates revealed by the Biblical calendar.
Author: James Bailey
James Bailey is a blogger, business owner, husband and father of two grown children. In 1982, he surrendered his life to the Lord Jesus Christ. In 2012, he founded Z3news.com to broadcast the message of salvation by reporting end time news before it happens.
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First off, I appreciate all the hard work James Bailey and others do on this site to try to decipher the truth. I’m a long time futures/options trader, and have been watching this market top develop, and then roll over to a great new bear market. It is for real. I have also been watching market cycles, and its a little over 7 years between tops, such as 87, 01/02, 08, and then +7 = 2015. We saw the market top out about the middle of 2015, and it has been slowly rolling to the downside here, and I believe we are very close now to the next leg down, which will likely be 2 to 3x the size of the August mini-crash. Liquidity continues to drain out of small and mid cap stocks, while the FED manipulates the markets in order to keep the Dow and SnP up. The Dow and SnP 500 appear stronger than the others, but small caps have barely made it back up to the 200 day moving average, and have not really recovered from the first two drops (Aug 015 and Jan/Feb 016). I agree with the third to fourth week in April time frame for a significant move down, or crash to begin with it probably progressing into mid to late May. I also believe it will begin in the Germany and Asian markets first and influence the US markets. Due to the extent of FED manipulation, I believe they’ll try to keep it up as long as they can and when the onslaught of selling happens, it’ll likely lead into a major crash because they will essentially be out of bullets at that point and it should snowball quickly. The one point I’d like to add to the discussion is some background… Read more »
Thanks for sharing your insights John!
Some Good Info-
http://sixfigureinvesting.com/2015/10/how-does-tvix-work/
http://sixfigureinvesting.com/2015/03/how-does-uvxy-work/
Thank you!
Does anyone have any more info about TVIX? I understand that basically it follows FAZ. Would we probably sell it when we sell FAZ? Anyone have any projections about how high it could go? I understand everything is speculation, however. I would appreciate your thoughts on this.
Also, am I understanding correctly that some of you, at least, plan on getting entirely out of FAZ (and TVIX?) in April when we suspect there will be the smaller crash, and not take a chance on waiting for the bigger crash?
Sorry, I am not very experienced at this, so am relying on other’s opinions, as well as listening to the Holy Spirit.
TVIX moves up when the market drops and down when the market goes up, but typically much faster than FAZ. However, if we see the collapse of a major financial institution in this crash, FAZ will go way up because it is based on the performance of financial services stocks.
UVXY performs very similar to TVIX, but supposedly has a slower rate of decay. UVXY also offers options trading while TVIX does not.
I highly recommend when trading TVIX and/or UVXY, one familiarizes themselves with the difference between ETF’s (UVXY) and ETN’s (TVIX). And consider they have up to this point moved proportionally even though the share price is much less for TVIX, such that if one moves down about 6% the other also moves down about 6%.
From ETrade: Exchange-traded notes (“ETNs”) are unsecured, unsubordinated debt obligations of the company that issues them and have no principal protection. Although an ETN’s performance is contractually tied to the market index it is designed to track, ETNs do not hold any assets. Therefore, unlike investors in exchange-traded funds (“ETFs”), which hold assets that could be liquidated in the event of a failure of the ETF issuer, ETN investors would only have an unsecured claim for payment against the ETN issuer in the event of issuer’s failure. Before investing, please carefully consider the credit worthiness of the ETN issuer and the ETNs investment objectives, risks, fees and charges.
Thanks for the great info Jeff! I have heard UVXY also has a slower rate of decay than TVIX, so that is one more reason in favor of UVXY.
James, you mentioned that you recently sold your FAZ and TVIX or UVXY–with plans to repurchase them soon. When will you repurchase them or have you already? Thanks
I believe the markets will be topping this week, so I am waiting until then.
Thank You!
TVIX & UVXY are ETF’s based on the VIX. The VIX is the volatility index, sometimes referred to as the fear index. When the market is dropping fast, TVIX & UVXY are going to go up, because people are scared, and panic selling. They are good indicators to look at when trading other instruments. For example, every morning for the past week or so, the market has been dipping but VIX remained low, or even negative. This was a somewhat reliable indication the market was going to bounce back. Go back and look at the charts. Look at how the VIX and related ETF’s shot up and down (and how long they stayed up) in relation to the market drops around Aug 24 last year.
Next, you get into leverage. 2x and 3x leveraged ETF’s try to outperform the underlying asset that many times, so when the direction is in your favor, especially over a consistent short period of time, your investment compounds quickly. Same in reverse. Leveraged ETF’s are not meant to be held over long periods of time.
There are ETF’s for just about everything:
TVIX/UVXY — VIX index
FAS — Financial Sector
FAZ — Inverse Financial Sector
UDOW — Leveraged DOW Jones
SDOW — Inverse DOW Jones
SPXL — 3x Leveraged S&P
SPXS — 3x Leveraged Inverse S&P
GLD — Gold
SLV & SIVR — Silver
…and the list goes on.
To trade the DOW or S&P without ETF’s most people use options on DJX & SPY. Keep in mind, you can also trade most indexes and metals in your Forex account if you are already using it for USD/CHF. The leverage is great and there is no risk of positions expiring worthless due to options expiration. However, it has it’s own caveats and your profit will probably be lower.
Keep
Another source of confirmation: http://www.wnd.com/2016/03/pastor-christians-celebrating-easter-on-wrong-day/
Funny JW. But it’s like seeing a Sasquatch. Hard to get anybody to believe you.
I was just ribbing my brothers there about their Earth view. I am a proponent, however, of the “Flat Soda Pop” Theory. But every time I ask someone to try to disprove the theory, I never hear from them again. It’s like they…well…it’s like they just…um…ALRIGHT!…It’s like they just FALL OFF THE FACE OF THE EARTH, OKAY!?!?
Flat Earth…I knew it…it perfectly explains my flat feet.
Lol!!😊
It seems quite possible to me that just a sharp drop in the value of the dollar along with US gov’t bonds collapsing also, could be enough of a financial hit to the value of dollars and US bonds that China is holding, to get them very agitated. For instance, if we have a financial collapse here, and if it appears to China that the Federal Reserve and Gov’t here are not doing enough to stop it, that some threats could be tossed around. It will not take much to topple this house of cards that is built. We have gone through decades of technological advancement that is built atop of prior tech advances, and the tech curve in and of itself is a parabola. I have been involved in finance and stock, commodity and option trading for almost 30 years. I have studied charts endlessly. I have never seen any type of parabolic chart move go on forever. This applies to real estate, stocks, bonds, commodities, etc. It also applies to technology and any other man made idea or market or trend. The Lord flooded the earth years ago for a reason. We could wake up someday in this country with no electricity, and it will stay that way for a while, and we will have taken a leap backward 100 years as far as lifestyle goes. All the pretty little devices will be useless. Most of the technology we use every day to make our lives pleasant and easy can instantly come to a screeching halt. The parabolic tech move can and most likely will be broken. You could very easily see people begging to be taken to a FEMA camp after just a few days of the lights being out……… When the only ones who have backup… Read more »
Scott, you mention China very agitated. In April of 1996 Dumitru Duduman had a vision: The Russians and Chinese made a contract to fight America. A voice said to me “Watch where the Russians penetrate America. ” I saw the words written: Alaska, Minnesota, Florida. Then the man spoke again, “When America goes to war with China, the Russians will strike without warning.”…Everything I’ve told you is how it will REALLY happen…Then when it comes to pass, the people will remember the words the Lord has spoken.”
It will have to be Submarines. This sounds crazy but I believe the earth is Flat. I even took it to the Lord in prayer with the word as my guide. Intercontinental mussels will not work. One has to wonder if several nuclear bombs hit us at the terrible fallout and how the Jet stream will carry it to Russia. I won’t be nuclear, maybe Atomic. Then an invasion is totally preposterous for their own soldiers will suffer radiations effects. They know the earth is flat and that we live under the firmament. NASA has lied to many through the years, moon hoax, space travel. The wanted us to believe that other life exists. What do they Allways say? We are spending trillions to find life out there. Totally foolish. For God so loved the world,( not the universe or other planets) that he gave His only Begotten son, that whoever believe that on Him will have eternal life. Water was here in the beginning. Gods spirit moved over the deep. The earth was without form and totally in darkness. Gods voice formed the dry land. He separated the waters above from the waters below. Firmament. We are so important to God. This earth can’t spin at 275,000 mph and we see a still star billions of light years. Just plain stupidity. Water Allways finds level. If this earth is round, then where is the every 8 inch drop every mile. If I was standing on a big ball, not circle. And dug all the way through to the other side. And that ball happend to be earth, then Revalation where an Angel is standing in the sun with the keys to the bottomless pit wouldn’t be true. It has no bottom. Another scripture say’s He will send His Angels… Read more »
According to NASA:
1. Earth, a rotating ball, turning on its axis once every 24 hours, spinning at 1000 miles per hour at the equator (less as you move toward the poles)
2. Earth, orbiting the sun, moving at 66,000 miles per hour
3. Earth, with the solar system and the Sun, orbiting the Milky Way galaxy at 483,000 miles per hour
4. Earth, as it travels with the Milky Way galaxy through the universe, moving at 1.3 million miles per hour
All of which our senses never detect, but we accept by faith simply because some self-appointed “experts” declared it to be so.
According to God’s Word:
1 Chronicles 16:30: “He has fixed the earth firm, immovable.”
Psalm 93:1: “Thou hast fixed the earth immovable and firm …”
Psalm 96:10: “He has fixed the earth firm, immovable …”
Psalm 104:5: “Thou didst fix the earth on its foundation so that it never can be shaken.”
Isaiah 45:18: “…who made the earth and fashioned it, and himself fixed it fast…”
All of which would seem logical and self-evident, with very little faith required, if we were not indoctrinated from birth to believe the very opposite.
Whom will you believe?
“Let God be true, but every man a liar.” Romans 3:4
WOW Steve S., great stuff! Maybe James will make you our science editor (-:
I guess this really demonstrates how we can use the Bible to prove ANY preconceived idea if we want to. So how do these verses fit into your system of thought?
Psalm 18:7 Then the earth shook and trembled; the foundations also of the hills moved and were shaken, because he was wroth.
Isaiah 24:18 And it shall come to pass, that he who fleeth from the noise of the fear shall fall into the pit; and he that cometh up out of the midst of the pit shall be taken in the snare: for the windows from on high are open, and the foundations of the earth do shake.
And why did you choose to include only the verses that appear to confirm your position and not include ALL verses relevant to the subject AND the context of the verses? You seriously weaken your argument with poor scholarship or only mouthing someone else’s ‘scholarship.’
If you are a member of the FLAT EARTH SOCIETY your picture of the earth, with the North Pole as the center of the earth and the Antarctic as the edge with a wall of ice at the ‘edge’ of the earth is a seriously flawed concept. Not one person who has been to Antarctica would give credence to your theories.
No wonder the heathen scoff.
I do not subscribe to the Flat Earth map in which the North Pole is the center and Antarctica surrounds. And the verses I quoted apply to the time of creation. The ones you quoted refer to a future time of God’s wrath.
Amen brother!!
Soar: Why not spend some time debunking the Rick Chase and Steve S posts point by point, instead of creating your own new arguments? The proof is on YOU to disprove them, instead of just dismissing their position.
Keep it up the good work, Rick and Steve – don’t be intimidated by Sir Soar.
:o)
Hey Soar: Ever seen a spherical footstool?
“Thus says the Lord:
“Heaven is my throne,
and the earth is my footstool;”
…” Isaiah 66:1 (ESV)
Awesome!!! Man you Daddy steeped in the room brother!! Lol! He will come around. Thanks brother OLE!!!
Well I don’t have a scholarly education. I have common sense. You got taught sir. I learned. I’m not in a Flat Earth Society. Those scriptures you quoted don’t mean the earth is round. And I believe the floodgates has pits below them. Ok what else? The earth trembles. Well sound can do amazing things. No sir I didn’t make it past the 9th grade. I found out though that I had an IQ of 138 in the 7th grade. I know that doesn’t mean you are a smart guy. Just a lot of room to store things in. I’m 51yrs old Hoss. And with everything I’ve learned, ALLMOST all of it came from the fear of the Lord. The Lord led me to those scriptures. But I’m humble enough to listen. Are you? What if? What if all you believed in was a hoax? Do you think life is out there? If so are they Alien beings? Did Christ go to there planet and Die for their sins? If the earth is spinning, why don’t we just get in a balloon in the morning and let the old earth tread mill ball roll our destination to us? Admiral Byrd said Antartica has walls of Ice around it. North and south. And I wouldn’t believe anybody that has been to either place after that treaty was signed . They pitch for the Devils. That’s right. Even if I had the means to go to eithe place, I’d be shot down after that treaty in 1957-58. We pitch for the Angels. God bless you and open wide your eyes to see in humility what we can easily ration out.
If one were to study the actual flight paths of our commercial airlines from one country to the next on a map of the world and continents that were taught to all of us in school and then look at the map of the continents on the United Nations logo and draw a line of those same flight paths from one city to another city on another continent, compare the maps and the lines,,,, and you will start thinking “why do our planes fly so far off from a direct flight and waste all that extra fuel???”,,,,,,,,or are they really flying hundreds or even thousands of miles out of the way?? I am college educated but everything I learned was in the real world and from the Lord. I should have ditched the godless liberal college and saved myself a lot of time.
Hey, I notice that about flights for years. I’ve been stationed all over the world back when I was in the navy and now currently living in Indonesia and still for the life of me can’t understand why the flight paths are so inefficient. For example, heading to Japan they’ll take a path way north then south and never dirictly like you would if you wanted to just go the shortest route. Why is that?
The route of the flight in real life is a straight line. But the Earth is a sphere and when you project a straight line route from a sphere onto a flat map, it usually looks curved. So, the aircraft really isn’t flying a long a curve, it’s flying straight, but the flat map distorts the straight route into a curve. The further a route is from the equator, the more of a curve it will appear to have. But, they are all straight on a 3-D globe. Interesting little experiment. Get a globe, a little oil, put one end of a string on New York and pull hard to Paris. It will curve up.
I am now convinced that NASA’s main function is to deceive us. The evidence is abundant once you start looking for it. But even knowing this, it will still take time to figure out what the truth actually is. Just because we know we’re being lied to doesn’t mean we immediately have all the answers or what the motive is for the lie. Regarding the various maps, these guys did some calculations and came up with a Flat Earth map that is actually diamond-shaped, with the length twice the width.
https://www.youtube.com/watch?v=AKLDXT6OVe0
I also got a good laugh from this video of someone discovering (in real time as he was recording his YouTube video) that the official ISS live feed is a fraud.
https://www.youtube.com/watch?v=3rPMu5pXF_w
Makes sense to me Jon. Thanks
Amen Brother!!! Amen!! Most folks think inside the Box, you my friend just showed me more scriptures that I’d read before but didn’t put 2 and 2 together yet. It’s Amazing how Big the lie really is. Boy they really hate the Idea of a God. Thanks Steve S!!!!!
Dear James,
“Third, yesterday I saw a graph showing the Dow Jones Index moving up sharply as it completes the final leg of the W-pattern. Then it dropped down sharply afterwards. Then it leveled off and started moving back up, but not as fast as the other movements. It moved up more gradually and formed a rounded top that was not nearly as high as the first top. Then it started sloping gently back down. ”
Since you are usually shown only future movements, do you believe the DJI still has a bit of a sharp upward move to go before the W is completed (as it hasn’t moved sharply upward since this dream).
Thank you my Brother.
That is what I saw. It has continued moving up each day. The steepness of the slope varies depending on which chart you are looking at. On the one-year chart it is very close to what I saw.
Look at the chart in this article. Look like what you saw?
http://www.thestreet.com/story/13498203/1/stock-market-crash-it-s-coming-and-this-chart-shows-how-it-will-unfold.html?puc=yahoo&cm_ven=YAHOO
The drop between now and early April with a bounce back up to a lower top looks like what I saw. The drop in late April looks right too, but this is different from what I saw. I have a new post coming by tomorrow explaining this in detail.
What I saw was the dow falling off the top of a W….then from 2 to 3 to 4 on graph. I drew the same graph in my journal. Shalom!
I get the impression its going to drop down to 15,200 (like James saw)..then back up..then the steep drop I saw. Shalom!
It might because I was not shown any dates, but after learning more about the technical pattern I believe the drop to 15,200 is where it bounces after the crash starts (after April 25).
I’m on board with April 25, but is anyone else thinking this downturn could start anytime with a sizeable minicrash and then work it’s way back up until April 25 big crash. Sorry if this question has already been asked. God Bless.
Anything is possible. We are seeing pieces of the puzzle and attempting to understand, but only God sees the whole picture.
What do you mean from 2 to 3 to 4? I saw a steep drop after the market reaches the top of the final leg of the W, which might have already topped or if not then it should top very soon. I did not see any numbers, but I saw it come back up forming a rounded top recovering about 75% of the drop. Then it started sloping gently back down and that was the end of it. I believe this was showing what happens between now and April 22.
The red line in the first graph ( to the right)
The 2 in red, the 3 in the green box, and the 4 in red. I drew the same line with the same bounce 1/3-1/4. Shalom
Thanks for explaining. I think we were seeing two different time periods because when I saw it drop down steeply I also saw it recover by about 75%, so I think what I saw applies to the weeks prior to the crash.
I think so too!
I expect a good drop soon. Then it is entirely feasible we bounce till 4/22. Seems many are expecting the same thing. Here’s an article with the related graphs. Sometimes pictures tell the story so easily. The first graph shows the “W” we’re all looking at. Scroll down to the bottom graph. It mirrors our discussions. I’m playing the first drop with April shorts. We’ve already discussed the July FAZ calls. [ http://www.zerohedge.com/news/2016-03-23/stocks-stand-tremulous-grounds ]