Wall Street Crash Premonitions
Multiple documented cases of people who claimed to have precognitive dreams or visions warning them about the 1929 stock market crash, allowing them to sell their holdings before Black Tuesday.
Wall Street Crash Premonitions
Leading up to Black Tuesday on October 29, 1929, several people claimed to have experienced precognitive dreams or visions warning them of the impending stock market catastrophe. Some reportedly sold their holdings based on these premonitions and avoided financial ruin.
The Crash
On October 29, 1929:
- Stock market collapsed
- Black Tuesday devastated investors
- Billions lost in days
- Started the Great Depression
- Financial disaster
Documented Premonitions
Several accounts exist of:
- Dreams of financial disaster
- Visions of falling stocks
- Intuitions to sell
- Warnings received
- Actions taken
Jesse Livermore
The famous trader:
- Shorted the market before crash
- Made millions
- Some attributed to intuition
- Possibly technical analysis
- Or supernatural insight?
Anonymous Accounts
Contemporary newspapers reported:
- People selling before crash
- Based on “feelings”
- Dreams of disaster
- Intuitive warnings
- Lucky timing?
The Pattern
Premonition claims often include:
- Vivid dreams of chaos
- Strong urge to sell
- Specific dates seen
- Warnings from deceased relatives
- Sense of impending doom
Skeptical View
Critics note:
- Hindsight bias is powerful
- Many had premonitions that didn’t happen
- Those who sold early get remembered
- Confirmation bias at work
- No verifiable predictions
Research Interest
The case drew attention from:
- Parapsychology researchers
- Financial historians
- Dream researchers
- Those studying precognition
- Skeptical investigators
Similar Claims
Throughout history:
- Titanic premonitions
- 9/11 premonitions
- Natural disaster warnings
- Pattern of major event predictions
- Some documented, most not verified
The Phenomenon
Precognitive claims often:
- Emerge after the fact
- Involve major events
- Can’t be tested in advance
- Are unfalsifiable
- Remain controversial
Significance
The Wall Street crash premonitions are significant for:
- Major historical event
- Multiple claimed predictions
- Intersection of finance and paranormal
- Illustrating hindsight bias
- Enduring mystery
Legacy
Whether genuine precognition or post-hoc reconstruction, claims of premonitions about the 1929 crash represent a fascinating intersection of financial history and paranormal belief. They remind us how humans seek to find meaning and warning in extraordinary events.