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The World At Large
Week beginning May 18, 2008
by Randall Ashbourne
Astrological conditions affecting stock markets combined with technical analysis


Click here for the full version of this report including technical charts in PDF format

Great caution may need to be exercised with Long positions in stocks this week as major American, European and Australian share indices appear to be putting in at least short-term tops.

However, care may also be needed jumping into Short positions too early because of the chance indices will suddenly explode upwards in an exhaustion style of move.

This week opens with Venusian energy, as the planet symbolising money makes a sextile to Uranus and a trine to Jupiter – repeating last week’s pattern when the Sun made precisely those aspects early in the week.

The two are reinforcing the Jupiter-Uranus sextile which becomes exact again in the closing hours of Wednesday trading in New York.

As discussed previously, these aspects indicate a positive flow of astrological energy which has been supporting the worldwide rally out of the March Lows.

Around lunchtime Tuesday, in Asian trading, we will have a Scorpio Full Moon, followed by the Moon’s passage into Sagittarius for a couple of days. The Sagittarian energy is associated with both optimism and exaggeration and the Moon’s passage here often sees large price swings.

But there are three other significant astrological signatures occurring this week … Venus squares Neptune, the Sun enters Gemini, and then, in late Thursday trading in New York, the Sun will square Saturn.

The technical picture of what is possible will become clearer when we look at the charts shortly.

Basically, though, the rally looks to be topping and approaching a pullback of some degree.

We need to be wary, however, for a curve ball or two. The positive Venusian energy, coupled with the Moon in Sagittarius and the Jupiter-Uranus sextile becoming exact again, increases the chances of a sharp blow-off designed to lull the Longs into a false
sense of security and trap the Shorts on the wrong side of an awaited pullback.

Neptune can act like Jupiter, especially being acted on by Venus from her home sign of Taurus. Neptune and its sign Pisces symbolise the dissolving of boundaries.

On the other hand, Saturn and its sign Capricorn, represent very strict boundaries. And, in the coming week, it’s Venus, Jupiter, Uranus and Neptune in a clash with Saturn.

We’ll begin the week’s charts with this look at the ASX 200 daily which has been in a sharp, 7-day rally...click to view the charts and download the entire Adobe PDF file

This weekend’s report is briefer than normal and so, probably, will be next week’s. The Autumn winds have arrived across southern Australia, bringing rain; no good for unaspected Sagittarian Suns.

I’ll catch you next weekend from Bangkok.

Remember there’s a Bradley Model major turn due in early June and if it’s a Low, which is what I suspect will happen, we’ll be back in Bull mode until late in the year.

CLICK HERE to download the full version of this report with all technical charts and further comments. (PDF format)

The World At Large is delivered in advance to Astrological Investing Premium Member subscribers.  Randall Ashbourne is a former journalist and political strategist residing in Australia. *QHT Technical Charts created using Quick Harmonic Trader Software, by P.A.S. Astro-Soft, Inc. makers of Galactic Investor Astrology software.

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