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The World At Large
Week beginning September 14, 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

Volume turnover on Wall Street last week was massive, but the “breadth” of the Up days was truly awful, with the number of stocks hitting new Lows very much higher than the number recording new Highs.

The broad-based S&P 500 made a dramatic, Pollyanna gap higher on Monday following the bail-out of Fannie Mae and Freddie Mac – only to wipe out the gains with a Chicken Little panic back to the downside on Tuesday.

As we discussed last week, it was an extremely high-energy astrological aspect period, with Mercury and Mars squaring Jupiter as it turned Direct, with Jupiter making its second, stabilising trine to Saturn as Pluto turned Direct, with Mercury conjuncting Mars,
Venus squaring Jupiter and then conjuncting Mars … and finishing the week with the Sun opposing Uranus, ending yet another of the translation periods of the Saturn-Uranus opposition series still developing.

Tuesday was also a Bradley Model turn date – with another Bradley turn due at the end of this week and we discussed the possibility it could coincide with a Low on the Jupiter/Saturn trine, the aspect which provided the stopping point for many worldwide indices at the January plunge.

This coming Friday is also an important Fibonacci turn date, part of a series which began at the DJI’s high water mark in early 2000. The last few turns in this series have been coming a week early.

There’s another turn predicted by the same series on September 29, which is also the New Moon in Libra, in approaching square to Jupiter. In fact, there’s a cluster of Fibonacci turn dates occurring between September 22 and October 3.

This week kicks off with a Full Moon in Pisces and conjunct Uranus and may be the last kicker for the Saturn/Uranus opposition translation, since the New Moon occurred conjunct Saturn.

What that means is there is a potential for a Low to be made on Monday in most markets and the chance of at least an intermediate term rally to develop, lasting 7 to 12 days, which puts us into the time frame of the Mercury Retrograde period beginning in the middle of next week.

This would fit with the predictions made to CNBC by Kaye Shinker: "Expect the second and third week of September to move gradually to the upside and possibly hitting 12,000 before Sept. 24. Mercury Retrograde should cool enthusiasm until Oct 15."

Dow Jones Industrials - Astrology



Since we’ve been discussing the importance of the Jupiter/Saturn trine, let’s review its impact so far.

On the left of the chart, I’ve marked the first occurrence at the January plunge. In some indices, such as the ASX 200, prices reversed after making an exact hit at the planetary price crossing point. The DJI overshot a little before recovering.

Unfortunately, last week’s repeat did not give us the same, very clear indication – just another part of the huge contradictions and dramatic whipsawing making it nearly impossible to get a reliable reading of where things are heading short term.

The dashed lines (marked “A”) are “mirrors” – and what we see is the DJI trapped between these alternative Jupiter (blue)/Saturn (orange) price lines.

Monday nudged beyond the price point, but closed below – and on Tuesday the price collapsed before making an exact hit to the non-mirrored price crossing point (marked “B”).

What does it mean? Bluntly, no bloody help from the astrology!!

Dow Jones Industrials
[chart] click to view this chart and download the entire PDF file.

The price chart displays the same sort of ambivalence, a technical picture repeating the uncertainty of the astrological chart.

While prices are contained within a narrow, sideways pattern, we are also within a triangle. If Wall Street can find a Low on Monday, a rally up above the constraining influence of the triangle’s upper edge still leaves us trapped in the sideways pattern – but it does put Kaye’s prediction of a possible rise to 12,000 by the middle of next week
within reach.

Technically and astrologically, on the charts at least, there’s not much to support that view.

But, let’s review events – in the skies above and on the ground below.

Firstly, apart from the Full Moon conjunct Uranus, the astrological aspects immediately ahead are not of the extreme, high-energy nature of last week … and they lean a little towards the more benign.

Secondly, from an on-the-ground viewpoint:

· Fannie Mae and Freddie Mac collapsed.

· Lehman Brothers, the 4th largest American Bank, plunged 77% and virtually collapsed.

· AIG slumped 46% and needs billions in capital.

· The European Union warned of imminent recession in the Euro zone.

· American automakers are begging billions in loans to start making fuel efficient cars of the type Europe and Asia have   been turning out for decades.

· Hurricane Ike, a storm the size of the Gulf of Mexico, battered the already-bruised South and the oil platforms and   coastal refineries.

And yet, the major American indices, ended such a devastating week marginally higher!

This is the DJI’s weekly …[chart]...CLICK HERE to view the chart and download the FULL version of this report with all technical charts and further comments. (PDF format)

NOTE: Randall must travel to Malaysia in the middle of the following week, and given the mishaps possible during Mercury Rx and the uncertainty of the political situation in Thailand (where he is presently) it is unlikely he will file a report for the weekend of September 27/28.


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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