Stock markets have reached
levels where we could now see the beginnings of a sustained rally,
especially with astrological conditions starting to move towards
more positive interpretations.
However, any rally will not carry
all stocks sectors higher – and that could make for a patchy
revival in some world indices.
We discussed a few weeks ago Kaye Shinker’s Jupiter research,
which is outlined in her Textbook for Financial Astrology.
Basically, as Jupiter passes the 15 degree mark and prepares to
go Retrograde, there will be a shift in emphasis … from resource
stocks back to the financial sector. The information relating to
this phenomenon was outlined in the report dated February 23 &
24.
Last week’s action by the US
Federal Reserve and other Central Banks was designed to show that
they will stop at nothing to prop up the world financial system.
The US Treasury Secretary, Henry Paulson, said the US “will
do whatever it takes” to restore
stability.
Regardless of the exact news events
which, prima facie, precipitate the markets’ actions, the
astrology tells us all.
Gold, oil and copper have suddenly toppled from record highs. In
truth, in technical terms, all three were showing parabolic rises
which could not be sustained. The Federal Reserve has added some
wholly unexpected rabbits to its bag of tricks to prop up the
financial system.
All of this fits with what we knew
about the astrological conditions – the whole series of negative
energy symbolised by the New Moon conjunct Uranus and opposed to
Saturn, followed by Mercury and Venus also opposing Saturn last
week.
Jupiter is nearing the degree where it will turn Retrograde, indicating
that resources will fall off their highs – and that beaten
down financial stocks will start coming back into favour.
There’s no point in befuddling
our brains with the myriad expert opinions chattering from CNBC
over this stuff. It happens – and it happens in the time frame
the astrology says it will happen.
In The
World report on March 8 & 9, I indicated my personal
belief was that we were then seeing the worst of the astrological
symbolism at work and from that weekend I was paying close attention
for signs of a potential turnaround.
I was half-right and half-wrong. Some
indices, like the DJI put in its closing Low on March 10; others
attempted to rally, but made marginal new Lows during last week’s
volatile reactions. I did warn that the technical indicators we
review weekly did not agree
with my astrological interpretations.
In fact, I baldly stated: “Thus,
consider yourself warned! The science and the purely technical say:
Doom! Danger Dead Ahead!”
In the end, however, the threat to
liquidity (money) indicated by the basic symbolism of Venus opposed
to Saturn worked out as we expected – because, as I explained
in my tale of the Greek myths a couple of weekends ago, Venus (money)
fell under some very special protection from the moment it entered
Pisces and, for the first time in a long time, had more power than
Saturn.
Well, the technical indicators are now starting to line up with
the improving astrological energy – and we could be seeing
the start of a rally. Initially, it should carry through to the
end of the coming week – and potentially until the end of
the first week of April.
It is also possible that we have seen
the Low – until late this year. If
markets do find new Bull legs from this point, we can expect a massive
sigh of relief all around the world and a lot of chattering about
being pulled back from the brink of a
precipice and how everything in the future is sunshine, roses and
lollipops.
That’s rubbish. Later
in the year, Jupiter will go Direct again and it will be time to
get the hell out of financial stocks and pile back into resources.
A few weeks ago, I dealt at some length
with Ray Merriman’s research about the impact on stock markets
with Saturn conjunctions and oppositions to Uranus, and Pluto transiting
a Cardinal sign.
A big, nasty, mean and vicious Bear
is coming. Just, not yet.
We have had a taste of the symbolism
Saturn opposed Uranus energy means – and it’s just a
small taste, because, for most of this year Jupiter and Saturn are
in a stabilising trine in Earth signs – and Saturn is also
trined with Pluto.
The pullback in commodity prices will
be very helpful to some indices – especially India and China,
various other Asian indices as well as most Europeans. It
will be less helpful to the FTSE and the ASX 200.
Oil is another matter and I would
have to study the astrology much more closely before venturing an
opinion. It is possible we have now seen a generational High in
oil prices. To many, the very idea of this will seem ridiculous.
Astrologically, however, Uranus in
Pisces, the sign which rules oil, may have already provided the
all-time peak price. A surprising technological breakthrough which
eases our reliance on oil may be closer than anyone suspects.
Astrologically
I indicated last week we were starting out with Mercury and Venus
opposing Saturn and moving onwards towards a conjunction with Uranus
and that we “will see some volatile reactions to both the
Fed’s decision and the results from the American banks”.
I also warned it was not yet time to pile on Long positions, especially
with some negative technical conditions facing various Asian indices.
Well, we certainly got a dose of
volatility – including a new spike high in the VIX, the volatility
(or fear) index – with markets being whipsawed back and forth.
And the Asian markets behaved as the technical indicators suggested.
But, I also made the point that the
tide of astrological energy is beginning to turn towards more positive
manifestations.
In the coming week, we continue to have a pattern of positive astrological
energy mixed with negative.
Overall, however, the pattern is
improving – with Jupiter making its first exact sextile contact
with Uranus next weekend, just as Venus conjuncts.
The following week, astrological
energy patterns seem a little less positive and Pluto is due to
go Retrograde, which might precipitate some more angst about the
financial system.
However, the energy patterns in play
towards the end of April and into early May are of the type which
are more supportive of rallies, rather than downturns.
Overall then, the long period of
highly-negative astrological conditions is starting to ease, which
should mean the negative mood which has kept stocks strongly constrained
within horizontal bands, with a downward bias, begins to become
more hopeful.
We should also take into consideration the size of the share price
falls in many markets – with some stocks plunging 50% to 60%
from the Highs of late last year.
Along with those Bear market drops,
many individual stocks and indices, have hit precise Fibonacci retracement
levels – the point from which relief rallies begin.
Despite the volatility of the markets
last week, the technical indicators in many markets are starting
to diverge positively from the price action – indicating we
have been forming an important bottom.
We will have to monitor the situation
closely for another couple of weeks but we are at last getting clearer
signs that the overall forecast is starting to unfold – a
Low in the early part of the year, followed by a run to potential
new Highs which convince almost
everyone the Bear has been caged.
Click
HERE to download the full version of this report with technical
charts and further comments in 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.
***
Please
help support our site by using our bookshop for all your Amazon.com
shopping needs!
All of the written material
and graphics are copyrighted by AstrologicalInvesting.com and Randall
Ashbourne. Unless otherwise noted, written material and graphics
may not be reproduced without written permission. This includes
but is not limited to any current articles or archives on Astrological
Investing's web site on financial astrology, how to start an investment
club, technical analysis, business astrology, or stock market investing
©2007, 2008 |
