This Psychic Reading given by Edgar Cayce at his office, 115 West 35th Street, Virginia Beach, Va., this 2nd day of February, 1926, in accordance with request made by self - Mr. [900].
P R E S E N T
Edgar Cayce; Gertrude Cayce, Conductor; Gladys Davis, Steno.
R E A D I N G
Time of Reading ... Street, 10:50 A. M. Eastern Standard Time. New York City.
1. GC: You will have before you the information as has been given in reading regarding the conditions of the stock market, especially those stocks known on the Exchange as General Electric, Southern Railway, California Petroleum. You will correlate information with present existent conditions and tell us what may be expected regarding the action of these stocks on the Exchange.
2. EC: Yes, we have the information as given regarding general conditions and specifics, and those stocks as given, General Electric, Southern Railway and California Petroleum.
3. Now, we see there has come the time when general conditions are to be very unsettled, through those as have been given, yet many groups, many individuals, combining to bring about certain conditions regarding certain stocks. Certain great combinations in the making, as have been given. Many being broken up that have been in making and that have been in operation. Such we find in these three particularly, as given.
4. In the Electric we find there is coming a greater combination in the operation of these stocks, so this specifically: We will find for the next 2 to 3 - 4 days, breaking off - coming up a point or two, breaking off, until 5 to 6 - 7 points are lost. Then beginning still on a greater increase, with breaking away again in 30 to 60 days, see?
5. In that of Southern Railway, we find a combination that has been in the making. With this making and general conditions, we find there has been of late some increase, but with the general decline, falling off; yet ever on the increase, little by little; yet we may look for a great deal of consternation, especially, regarding this stock, and many changes and SUDDEN changes, just as there will be in Electric, see?
6. In that of California Petroleum, we find a breaking up of a combination; that is, some dissension as regarding just how this combination is being, and is to be, made. Then, with this change, there is then the falling off, and with
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the advanced prices in crude, there will be the small advance in same. This, however, not beginning until the 8th - 9th of February, so the small change falling off in the next 3 - 4 - 5 days.
7. These are the conditions as we see, and that as is producing, and will produce same, with that GENERAL CONDITION of unrest, as is to be seen in the general market, see?
8. We are through with this reading.