The World at Large - February 2 & 3, 2008
by Randall Ashbourne
Geopolitics & Economics
If the American economy is heading into recession,
why are the Transports showing signs of resurging strength? Do truckies
make money carrying air?
When we come to the charts, I will show the Transports
and discuss with you the alternative outlook – the potential
for a new Bull run, rather than the gloomy Bear now being promoted
by the media.
The media is where the mouths are; the charts are
where the money is. Follow the money.
I indicated last week that V-bottoms are rare in
these circumstances, that individual stocks and some world indices
had left gaps behind in their rush to rally, and I deeply suspected
there would be a test of the previous week’s Lows before we
could even begin to think about putting the Bear back to bed.
The Australian index, in particular, made a quite
dramatic retest last Thursday. The EuroAmerican markets have not
done so. It would be very unusual if they did not. And it
may be deeper than necessary simply because wild, intraday mood
swings just don’t cut it when it comes to the cold imperative
of chart mathematics.
Of course, the astrology did tell us trading would
be volatile – cosmic Valium washed
down with red cordial.
However, once we get past the coming week, the
message from Out There is that things
should start to become calmer Down Here.
What has happened in the past few weeks should
not have come as too much of a shock to regular readers. I warned
last year of the appearance of a cluster of Hindenberg Omens, which
have a very high reliability of predicting a 20% market crash within
the following four months.
I warned, too, of a Dow Theory Bear Signal appearing;
and in January of a likely deep plunge affecting virtually all the
world’s major indices.
Now all that has come to pass, we’ll begin
studying the aftermath … to see whether we’ve got a
corpse in the ashes … or a Phoenix.
Except for one event later this week, most of the
cosmic volatility is now behind us.
I have been indicating since the return of this
column in January that the astrological symbolism was for weeks
of extraordinary, high-energy moves.
This week, around lunch time Thursday in Australia,
we have a Solar Eclipse in Aquarius, the sign which has rulership
over stock markets and company profits.
It could be especially volatile because it takes
place closely conjunct to Mercury and Neptune and on the midpoint
of a Venus-Uranus aspect, with the orbs tying Jupiter and Saturn
into the cocktail, as well!
In Australia, the whole progression of aspects
takes place across the Midheaven of the mundane chart; in other
Asian capitals, it will be happening just before, or just after,
the markets open for trading.
Europe will be sleeping and most of the Americas
will be having dinner or getting ready for bed.
I won’t even begin to speculate on what such
a grand alignment of cosmic energy might indicate in the way of
geo-political news or climactic events. I am more interested in
the fact that it should be the climax of what has been months of
such closely concentrated energy … and that, afterwards, we
should see the longer-term stability of a safe-andboring Earth trine
between Jupiter and Saturn begin to exert itself more forcefully.
Of course, Mercury is now Retrograde until mid-month
– and we have yet to see Mars swing back into Cancer and oppose
Pluto, which will happen in early March.
I emphasised the point last week that world indices
give every indication of being in the process of forming an important
When so much sudden damage has been inflicted over
such a short period of time, markets will need to pause and lick
their wounds … steady themselves before getting back on their
It’s where those feet are going to carry them
– uphill, or down – that interests us. So, let’s
go to the charts.
Read more: Download the entire PDF document with the charts and
further comments by Randall Ashbourne The World
At Large is delivered in advance to Astrological Investing
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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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