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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.

Astrologically

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 bottom.

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 feet.

It’s where those feet are going to carry them – uphill, or down – that interests us. So, let’s go to the charts.

To 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 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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