From its recent intraday high to Friday's low, the Dow lost 941 points (almost 9%) in less than three weeks raising the specter of another big correction.

This is great news for Swing Timing Alert members who were already holding inverse ETFs and positioned correctly for the market decline.

We should see a technical dead cat bounce soon, but you must be prepared for the coming market meltdown.

The last time we had a rally of the magnitude we've seen in the last 10 months, was in 1930, at the beginning of the Great Depression. The stock market skyrocketed up 48%. Then plunged a disastrous 86%!

For the rest of the depression, stocks whipsawed up and down through investor's accounts with sharp gains and sharper declines! Much like what's around the corner now.

A similar style rally of 45% chugged through the recession in 1974 and then ran out of steam, stranding hopeful stockholders, leaving them bitter with unfulfilled hopes.

Those who don't learn the lessons of history are doomed to repeat its mistakes. Especially when we look at the current financial landscape.

The rally, which started in earnest back in March, was largely based on expectations that the worse of the recession was over and that the economy was now starting to improve.

And, yes, while we have seen some signs of recovery, these signs have been more than counterbalanced by big job losses and a slowdown in consumer spending.

Even to the extent that real economic recovery has occurred, it's been largely the result of wishful thinking -- "hope", if you will, fueled largely by massive government intervention in the financial markets via loose monetary policy and by the injection of hundreds of billions of capital into failing financial institutions.

All this has helped to strengthen the bottom lines of some of our major financial institutions (who arguably didn't deserve it), and that in turn has helped to spark a significant rally on Wall Street.

Unemployment continues to hover at around 10%, but the threat of an increase continues to loom month after month.

Home foreclosures are soaring to new highs every month. Commercial foreclosures are ramping up to the same rates as residential, and many of these companies are listed on the NYSE, which will cause their stocks to tumble.

We had 95 bank failures in 2009 -- actually MORE than 2008! GDP has not shown consistent growth -- so there's no economic reason for the market to be at these unsustainable levels.

So when history repeats itself, the reckoning will be harsh. Which is actually good news for those who know how to make money when the market melts down.

Click on the link below to find out how to make money in both up and down markets.