Strange things began happening
on world stock markets last week as indices began diverging, after
many of them put in important low points during the previous week.
American markets pushed the Pollyanna
button last Monday and surged above resistance lines, only to spend
the remainder of the week whimpering.
However, other world indices began
ignoring the latest bipolar funk from Wall Street, refusing to push
either the Pollyanna button or the Panic button.
Australia made its high on Wednesday,
before moving to a very small and narrow-range consolidation. England,
Germany, France, India, Hong Kong and Japan all continued adding
small increments to a potential rally phase.
Shanghai was popping pills, collapsing
and suddenly recovering as rumours of financial initiatives being
considered by Beijing pulled investors back-and-forth.
We now have an interesting case of
intermarket divergence opening up – even between Hong Kong
and Shanghai, as well as between the New York stock indices and
some sector indices.
It would seem that on a worldwide
basis, we have laid the foundations for a potentially strong rally
– but the various markets are still uncertain about how quickly
to rise to the next level.
I did indicate last week that any
rally would not carry all stock sectors higher and that could make
for a patchy revival.
This coming Thursday, US Federal Reserve
chairman, Ben Bernanke, and Treasury Secretary, Henry Paulson, testify
before the Senate, explaining the new plan for greater regulatory
control of America’s financial system.
There are, reportedly, more than a
thousand rail cars parked in Montana as container traffic through
Californian ports slips from its highs. And yet, the Dow Transport
Index remains blissfully unconcerned.
And on Friday, American markets will
react to the latest jobs report.
Let’s review the astrological
conditions ahead and then go to the charts …
Astrologically
We have just started to emerge from a period in which the key astrological
condition affecting stock indices worldwide involved Saturn, the
planet which symbolises fear and restriction.
It also symbolises government, institutions
like the US Federal Reserve, rules and regulations - and astrologers
could discuss the recent actions involving the Venus-Saturn symbolism
and Fed bailouts, Fed handouts, regulatory changes et al at length.
But not here! I simply want to remind
everyone that the period “translated” the very negative
energy we can expect to unfold late this year when Saturn opposes
Uranus in a series of repeating aspects.
I’ve discussed this action now
for several weeks … how the Sun and Moon, followed by Mercury
and Venus, gave us early warning of what to expect when the real
thing happens … and, also, how Venus in her exaltation sign
of Pisces could be expected to rule
a line under the negative energy.
Well the good news is … there
will not be one single, further negative aspect to either Saturn
or Uranus until early May!
And the even better news … there
will not be one single, negative aspect involving any planets
between April 14 and 24.
And, in fact, the only negative aspects
from April 24 to early May involve Venus – squaring Mars and
Jupiter, just as Mars opposes Jupiter.
In effect, however, this aspect may
not actually be negative. The usual symbolism of Venus at the midpoint
of a Mars-Jupiter high-energy aspect leans to the highly positive.
Let’s just say if one were trying
to kickstart a romance and this aspect turned up in your personal
chart it’d be all swoons, fireworks and multiple orgasms.
Which may, in fact, be the danger.
We’ll need to watch this period very carefully for signs of
being swept off our feet and getting carried away on a grand adventure.
Because, just around the corner, a
new series of market-moving aspects begins to unfold – with
Jupiter going Retrograde, Saturn going Direct, Mars changing signs,
Venus squaring Saturn without the protection of her Pisces exhaltation
and Mercury also going
Retrograde.
Traditionally, May is one of the three
best months in stock markets, particularly in the United States.
This year, we will need to be very wary. Just as December and January,
the other two months which are normally strong, turned out to be
awful, awful, awful, we will need to be careful that May doesn’t
also turn upside-down from its normal pattern.
This coming week, Pluto will go Retrograde.
By early next week, it will also have received transiting squares
from Mercury and Venus.
Among other things, Pluto rules debt
and big money. The squares from Mercury and Venus tend to suggest
there will be more bad news affecting world financial markets.
However, we need to remember Pluto
will be moving towards repeating its trine with Saturn, an aspect
involving stabilising Earth signs, which tends to suggest an easy
flow of energy for implementing “the fix”.
While we can expect another major
blow-up which again threatens to collapse the world financial markets,
it is unlikely – now that the hard aspects to Saturn have
passed – that stock markets will drop below their recent Low
points.
And we also need to remember that
from late last week, Jupiter moved to an exact sextile with Uranus
– and because the two planets are moving more slowly than
normal as they prepare to turn Retrograde, this aspect will stay
in orb for much, much longer than is usually the case. The sextile
does not normally have the strength of a square, opposition, or
conjunction
and one of the rules of astrology is that one needs to take action
to actually realise the “opportunity” provided by the
sextile.
Well, we’ve been getting the
action. The Fed and the White House have not only pulled every rabbit
out of the hat to fix this crisis, they’ve resurrected rabbits
that haven’t been seen since the Depression – and created
new ones on top of those!
The Cassandra Crowd hates it!
All of it. It’s the end of the world. Like Cassandra,
they may well turn out to be right. Personally, I haven’t
seen one of them explain exactly where the US is supposed to mine
all the gold that’ll be needed to restore the
Constitution-mandated, gold-backed currency they want returned.
Perhaps they haven’t considered
that fighting gold wars, on top of oil wars, isn’t quite everyone
else’s idea of a miracle recipe.
However, back to the astrology. I
indicated in last week’s report that the energy unfolding
in this coming week leans towards the negative. Wednesday, when
Pluto goes Rx and Thursday, when Mercury squares Pluto, seem to
be the worst of it.
By Tuesday of the following week,
the negative aspects begin disappearing rapidly, with highly-positive
aspects leading into the end of April and the first week of May.
As we go to the technical charts, we
will see the divergence that is beginning to gather strength in
various world indices – and between different sectors...CLICK
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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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